Two Florida banks are joining some of the country's largest lenders in temporarily halting foreclosures as the federal government tackles the housing crisis. ...more

February 15, 2009

MIAMI (AP) - Two Florida banks are joining some of the country's largest lenders in temporarily halting foreclosures as the federal government tackles the housing crisis. ...more

February 15, 2009

Is 'CPR' For Real? According to Hernando Today reporter Michael D. Bates, "the comprehensive plan for recovery" would retrieve $2.5 million from the general fund to help potential homeowners buy up foreclosed homes. It's odd homebuyers would need this kind of help. ...more

February 15, 2009

Buyers eager to snatch up deals on Florida condos may have to fork over bigger down payments and face more intense reviews of their potential purchases. ...more

February 6, 2009

Buyers anxious to snatch up deals on Florida condos may have to plunk down higher down payments and have the condominium complex scrutinized. Fannie Mae, one of the largest providers of U.S. mortgages, is requiring more cash upfront and taking over the condo review process from its lenders. Amy Bonitatibus, Fannie Mae spokeswoman, said that's because condos are at a higher risk of failure in this economy. ...more

February 5, 2009

Senate Republicans circulated a sweeping plan to drive down the cost of mortgages by expanding the federal government's role in the industry, officials said Monday night as debate opened on an economic stimulus bill at the top of President Barack Obama's agenda. ...more

February 2, 2009

Mortgage finance company Freddie Mac said it will allow some borrowers to rent their homes after losing them to foreclosure. ...more

January 31, 2009

The Federal Reserve is taking steps to keep some distressed borrowers in their homes, but it may not make much of a dent in the nation's housing crisis. ...more

January 29, 2009

With the country stuck in a painful recession, the Federal Reserve is widely expected to keep its key interest rate at an all-time low this week and examine other unconventional ways to lift the economy. ...more

January 26, 2009

This is in reference to Dick Ford's Jan. 13 letter "Democratic Recession." Like most Republicans he feels Democrats are always to blame for all of the ills of our country. Republicans insist the 2001 economic down turn was in progress and inherited by Bush from the Clinton administration. Even though Obama will inherit the current recession (maybe depression) from Bush, I'm sure you Republicans will find a way to blame it on the Democrats. ...more

January 18, 2009