Monday, March 15, 2010

Top Updates: Week of Mar 15th, 2010

New round of foreclosures threatens housing market
By Renae Merle
Washington Post Staff Writer
Friday, March 12, 2010
The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.

Financial system reforms won't wait
By David Cho and Brady Dennis
Washington Post Staff Writer
Friday, March 12, 2010
Senate banking committee Chairman Christopher J. Dodd (D-Conn.) said Thursday he will move forward next week with sweeping legislation to revamp the nation's financial regulatory system, despite failing to resolve key differences with Republicans.

Borrowers in foreclosure prevention plan losing mortgage aid
By Renae Merle
Washington Post Staff Writer
Saturday, March 13, 2010
About 90,000 distressed borrowers have lost their mortgage aid under the government's foreclosure prevention plan, and many more are at risk of losing the help, according to Treasury Department data released Friday.

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