Thursday, May 14, 2009

Treasury modifies housing rescue incentives

WASHINGTON (Reuters) - The U.S. Treasury Department on Thursday announced changes to encourage mortgage lenders to slash loan payments in the worst-hit markets and use so-called short sales to extract troubled home owners from unaffordable mortgages.
Treasury modifies housing rescue incentives

Obama in NM, prods Congress for credit card reform

Obama Calls for Credit Card Industry Reform Wall Street Journal
Obama: Entitlement changes key to budget health Washington Post
Bloomberg - The Associated Press - CBS News - Reuters

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