The Delaware Gazette

Obama seeks to broaden reach of housing assistance

DG276689_web_020212_obama_clr

FALLS CHURCH, Va. — Con­ced­ing his ear­lier hous­ing pro­grams have fallen short, Pres­i­dent Barack Obama on Wednes­day pro­posed a vast expan­sion of gov­ern­ment assis­tance to home­own­ers, aim­ing to make lower lend­ing rates a pos­si­bil­ity for mil­lions of bor­row­ers who have not been able to get out from under bur­den­some mortgages.

Feb 1 2012 | Posted in AP News | Read More »

FDIC backs ban on banks trading for own profit

WASHINGTON — Banks would be barred from trad­ing for their own profit instead of their clients under a rule fed­eral reg­u­la­tors pro­posed Tues­day. The Fed­eral Deposit Insur­ance Corp. backed the draft rule on a 3–0 vote. The ban on so-called pro­pri­etary trad­ing was required under the finan­cial over­haul law.

Oct 11 2011 | Posted in AP News | Read More »

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