Obama calls for White House summit on job creation Unemployment is 'one of the great challenges that remains'
By Michael A. Fletcher and Neil Irwin
Washington Post Staff Writers
Friday, November 13, 2009
President Obama plans to hold a White House forum on job creation next month, an attempt to signal his concern about the growing ranks of the unemployed and build consensus on future action to stoke the economy.
Fewer losing homes in D.C. area Bank repossessions down but on track to surpass 2008 total
By Renae Merle
Washington Post Staff Writer
Friday, November 13, 2009
Bank repossessions of homes in the Washington area declined last month but are on pace to surpass last year's total in most parts of the region by the end of the year, according to data released Thursday by RealtyTrac.
Banks to prepay FDIC for failures Agency to collect 3 years of insurance premiums in advance
By Binyamin Appelbaum
Washington Post Staff Writer
Friday, November 13, 2009
The Federal Deposit Insurance Corp. will collect $45 billion from the banking industry to cover the rising cost of bank failures, an unprecedented assessment that reflects the agency's projections that the current round of failures will not peak until next year.
Upbeat reports lift home builder stocks Unemployment, end of stimulus programs could upend gains
By Dina ElBoghdady
Washington Post Staff Writer
Thursday, November 12, 2009
U.S. home builder stocks surged Wednesday, invigorated by Toll Brothers' announcement earlier this week that orders for its homes have jumped during the latest quarter, outpacing expectations.
U.S. foreclosure program helping more people, but how much still unclear
By Renae Merle
Washington Post Staff Writer
Wednesday, November 11, 2009
The number of homeowners getting help from the government's massive foreclosure program is growing, according to data released Tuesday, but it is unclear how many of these borrowers might still lose their homes.
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