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US lawmakers pass housing rescue

World News
    USA (732)
        Business (171)
            Real Estate

                2007 (3)
                2003 (2)
                2002 (2)
                2001 (1)

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Senate approves housing bill
Jul.26
  U.S. Congress: The Senate has approved a $300bn rescue fund designed to prop up battered housing market. It may also be used to bail out the mortgage giants

Jul.23
  U.S. Congress: The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans
Jun.19 FBI holds 406 for mortgage fraud
  The Justice Department was pursuing 144 cases. The arrests include estate agents and loan originators, who help homebuyers to take out loans
Mar.26 U.S. home prices brace for dismal spring
  Home prices plunged by record levels from a year ago, with almost no major cities immune from the spiraling market
Feb.26 Jackson faces Neverland auction  Southern California: Pop star Michael Jackson could lose his ranch if he fails to pay nearly $25m that he owes on the sprawling property

year 2007 Top ^

Dec.6   Bush details housing rescue plan
  Washington: The President has outlined plans to freeze rates on sub-prime mortgages for 5 years to help people hit by the housing market crisis
Oct.17 Further fall in home building
  The number of homes being built in the US fell by 10.2% in September, worse than had been expected. Applications for building permits down 7.2% Mortgage concerns hit US markets

year 2003 Top ^

Feb.26 New WTC plan is chosen
  New York: A complex of angular buildings and a 1,776-foot spire were designed by architect Daniel Libeskind Feb.4 World Trade Center finalists chosen  New York: 2 plans would create the world's tallest structure. Libeskind and the international Think team are behind the plans

year 2002 Top ^

Jul.21 Public pans WTC plans
  New York: Thousands of huddled around tables to give their opinions of the rebuilding plans for the World Trade Center site Jul.16 Ground Zero plans unveiled  New York: The first plans for redeveloping the site where the World Trade Center stood have been made public

year 2001 Top ^

Mar.1 Seattle avoids widespread damage  Preparation and luck helped the region escape widespread devastation



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