Government housing aid details for homeowners
Government programs unveiled by President Obama aim to help homeowners through mortgage modifications and refinancings. Qualifying criteria vary by program, with limits tied to regional loan caps and home value. Additional incentives include first time homebuyer tax credits, energy efficiency credits, and timelines starting March 4 and lasting through 2010 for certain credits.
MENTIONED IN THIS ARTICLE
Fannie
Freddie
Bert Ely
Alexandria
Obama
Pope Benedict Receives Pelosi in Vatican Talks on Life
Pope Benedict XVI met Nancy Pelosi in Vatican City and urged Catholic politicians to defend life at all stages. Pelosi, a Catholic and leading abortion rights advocate, discussed U.S. policy shifts under Obama, including funding changes on international abortion services. The exchange signaled Vatican unease with the Obama administration while noting prior Vatican-Bush common ground on abortion.
MENTIONED IN THIS ARTICLE
Benedict XVI
Nancy Pelosi
America
U.S. House
Benedict
Barack Obama
U.S
Vatican
Obama
George W. Bush
Bush
Obama offers carrots for mortgage firms plan
The $75 billion foreclosure rescue plan hinges on loan servicers agreeing to modify loans to help homeowners avoid foreclosures. Lenders could receive up to $4,000 per case over three years plus government insurance to cover some losses, a change from prior insistence on upfront losses. Critics call incentives overgenerous, but supporters say cooperation from servicers is essential to prevent millions of foreclosures.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Obama
Reno
Nev
Pate
Andrew Jakabovics
Center For American Progress
Jakabovics
David C. John
Conservative Heritage Foundation
Pen
Debbie Goldstein
Center For Responsible Lending
Howard Glaser
Clinton
Governors weigh rejecting stimulus funds amid budget fears
A handful of Republican governors including Perry Barbour Jindal Otter Palin weigh accepting or refusing portions of the 787 billion stimulus bill. They fear strings and future costs even as their states face high unemployment and potential budget gaps. Clyburn warns against letting ideology deny recovery.
MENTIONED IN THIS ARTICLE
Baton Royce
Texas
Mississippi
Louisiana
Alaska
South Carolina
Idaho
Rick Perry
U.S
James Clyburn
D-S.c
White House
Clyburn
Mark
Sanford
Bobby Jindal
Jindal
Perry
Haley Barbour
Barbour
Dan Turner
C.L
Butch” Otter
Sarah Palin
Republican Governors Association
Joel Sawyer
Democratic Party
Carol Fowler
Fowler
Also Mentioned on This Page
Fannie Mae
Freddie Mac
Vatican City
Pope
Linda Erickson M
Angela Loucks M
Karen Andregg Aud
Lawrence Otolaryngology Associates, P.A
Stephen L. Segebrecht
Robert C. Dinsdale
M.D
Lee A. Reussner
Julie Hirschfeld
Davis
Alan Zibel
Associated Press
GOP
Richard Alan Hannon
the Advocate
State Capitol
Baton Rouge
Lawrence
Lawrence Auto
Re Motors, Inc
Journal-World
Jsunflower Cto
APAMD