Wednesday, August 5, 2009

Relentlessly rising jobless rate accelerates foreclosure crisis - Marietta Daily Journal

WASHINGTON - Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing ..., more 
and Watergate Hotel could be auctioned off next week - Sydney Morning Herald  The Watergate Hotel, which was made famous by a political scandal involving President Richard Nixon, is expected to be on the auction block next week. Alex Cooper Auctioneers is announcing that it will take bids on Tuesday on the Washington landmark ..., more 
and Lawmakers frustrated with foreclosure aid programs - The State  WASHINGTON -- Lawmakers vented Thursday about the government's inability to solve the nation's housing woes as fresh data showed foreclosure filings continued to rise. Sen. Christopher Dodd., D-Conn., chairman of the Senate Banking Committee, called ..., more 

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