Greenspan: Give homeowners financial aid
Dec 16 2007 5:30PM (CT)
WASHINGTON (AP) - Alan Greenspan, former chairman of the Federal Reserve, suggested Sunday that a tax break or other government financial help for homeowners facing the mortgage crunch would be the best political fix for the economy.
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Fed taking on abusive lending practices
Dec 16 2007 9:52AM (CT)
WASHINGTON (AP) - People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers, already hit hardest by the housing and credit crunches.
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