As near-daily reports of housing woes -- from lenders and homebuyers alike -- grip the United States, community-based programs around the country are continuing the slow work of trying to encourage responsible asset building for lower-income workers.
Question/Comment: As a long time observer of the mortgage market, particularly the subprime segment, I have been anticipating the current economic crunch for some time. Accordingly, I have been keeping a large amount of my savings ($85K) in an FDIC…
U.S. Treasury Secretary Henry Paulson speaks with Jim Lehrer about World Bank President Paul Wolfowitz's troubles, the potential impact on the international body, and U.S.-China economic relations ahead of Paulson's meeting with Chinese officials next week.
The government continues to grapple with an estimated $290 billion gap between the amount of tax revenue it is supposed to receive and what it actually collects. Tax experts explain why the gap exists and what should be done to…
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