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rhode island mortgage loansBoston Globe - Hillary Clinton scored impressive wins in Ohio, Rhode Island ... example - who have been caught in the subprime mortgage trap. But Obama also needs to be more specific in explaining how he would help Americans worried about their mortgages, college loans ... Read more
Clinton's red-phone resurgenceMiami Herald - Merrill Lynch & Co. said on Wednesday it will stop funding loans at its troubled First Franklin home lending unit, and ... The world's largest brokerage suffered $11.5 billion during the fourth quarter linked to the subprime mortgage market's ... Read more
Merrill to close lender First FranklinMiami Herald - Battling a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke called Tuesday for additional relief and urged lenders to help distressed owners by lowering the amount of their loans. "This situation calls for a vigorous ... Read more
Fed chief: Mortgage crisis to continueUS News and World Report - Clinton Scores Critical Wins In Ohio, Texas, Rhode Island. Sen. Hillary Clinton won three of yesterday's four Democratic ... The Financial Times notes the Fed chairman "called on banks to forgive chunks of mortgage loans issued to troubled borrowers. Read more
All the Day's Political News From Newspapers, TV, Radio, and MagazinesBoston Globe - ... interest rates because Fannie Mae and Freddie Mac may have trouble reselling them on the secondary mortgage market. And subprime loans ... Massachusetts, along with Rhode Island, she said, "will have the slowest growth in housing prices through 2011. Read more
Forecast: No housing recovery until 2009MediaChannel.org - She also took Ohio and Rhode Island. Barack Obama snagged Vermont, says he leads in delegates. ... trust in private securitized debt markets that is threatening sectors beyond its origin in the subprime mortgage crisis. Student loans ... Read more
Political News Trumps Deeper Crisis: Will It Go Away If We Don’t ... International Herald Tribune - I think that this will continue to drag on. There are some in the Democratic Race that would rather sacrifice the life and momentum of the party for their own selfish dream. The test of character and motives will take place tomorrow night once all of ... Read more
Democrats duel, then McCain pouncesProvidence Journal - You’d think a school like Gibbs would thrive these days in Rhode Island ... The fallout from the collapse of the subprime mortgage market has prompted lenders to pull back. While they clear their books of bad loans, the new loans they are ... Read more
Kostrzewa: A difficult time for Mrs. Gibbs’ studentsStateline - ... the state’s roadways by investing in mass transit, and crack down on the mortgage ... and rural areas. They would use the money to repay their medical school loans. ... Donald Carcieri (R) said Rhode Island was at a “tipping point” because of an ... Read more
Compiled by Stateline.org staffProvidence Journal - ... said the biggest source of the problem here is “the collapse of the housing market and the surge in mortgage foreclosures.” The market for “subprime” loans, made to borrowers with blemished credit, was “more widespread” in Rhode Island ... Read more
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