By V. Dion Haynes
Wednesday, February 3, 2010
Unemployment in the Washington region rose slightly in December, to 6.2 percent, according to government data released Tuesday, pushed up largely by an increase in the District's jobless rate.
Struggling banks need government help, trade group says
By Binyamin Appelbaum and David Cho
Washington Post Staff Writer
Wednesday, February 3, 2010
The head of a major trade group for community banks said Tuesday that the Obama administration's $30 billion program to spur small-business lending would not work unless the government offered money to struggling banks alongside stronger ones.
Dour forecast underpins Obama's budget plan
By Neil Irwin
Washington Post Staff Writer
Wednesday, February 3, 2010
President Obama's proposed budget rests on a series of gloomy economic projections, which suggest that the administration does not foresee a quick leap out of the deepest downturn in generations.
Rising FHA default rate foreshadows a crush of foreclosures
By Dina ElBoghdady and Dan Keating
Washington Post Staff Writer
Tuesday, February 2, 2010
The share of borrowers who are falling seriously behind on loans backed by the Federal Housing Administration jumped by more than a third in the past year, foreshadowing a crush of foreclosures that could further buffet an agency vital to the housing market's recovery.
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