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Wall Street got the news it wanted and responded with a rally that propelled the Dow Jones industrials up nearly 500 points. ...more
March 24, 2009
Tim Truitt of New Port Richey says if the federal government gave the bailout money to ordinary Americans they would end the banks' bad-debt problems. ...more
March 21, 2009
As they prepare to open a two-day meeting Tuesday, Federal Reserve policymakers are weighing whether to launch new programs or expand existing ones to spur lending, get Americans spending again and lift the country out of recession. ...more
March 16, 2009
The head of the Federal Deposit Insurance Corp. has warned that the fund insuring Americans' bank deposits could be wiped out this year without the money the agency is seeking in new fees from U.S. banks and thrifts. ...more
March 5, 2009
Jon Kueny of New Port Richey says Democrat's Community Redevelopment Act, not George W. Bush, the big reason for "the mess we're in." ...more
February 18, 2009
A local company is sponsoring workshops for troubled homeowners to teach them how to modify their home loans and save their houses from foreclosure. ...more
February 15, 2009
A local company is sponsoring workshops for troubled homeowners to teach them how to modify their home loans and save their houses from foreclosure. ...more
February 14, 2009
As many homeowners face foreclosure, they are frequently finding that their original lender is not the mortgagee seeking to foreclose. In many cases, homeowners are being sued by banks acting as trustees for something called a "pooling agreement." The trustee frequently is represented by a law firm that is handling foreclosures in bulk quantity; and it may be impossible to get an attorney speak with you in an attempt to resolve the matter. What can the homeowner do? ...more
February 13, 2009
Home prices in Pasco and Hernando counties have dropped nearly 40 percent since the peak of the housing boom, according to a report released Tuesday. ...more
February 11, 2009
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