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House Passes Second Half of Housing Rescue Plan Despite Veto Threat
House of Representatives passes two "home rescue" bills while Senate struggles in face of Bush's threatened vetoes.

Bill to Aid Communities Cope With Aftermath of Foreclosure Passes House
First of two foreclosure assistance bills passes the House with an overwhelming margin; second bill will be up soon.

Fed, FTC Propose New Rules on Lenders
The Federal Reserve and Federal Trade Commission proposed new rules on Thursday which would require lenders to inform consumers of unfavourable developments or changes to the terms of their loans.

Economists Divided on What Jobless Claims Say About the Labor Market
The current pace of jobless claims is relatively low compared to the previous recession, some economists say.

Consumer Credit Rises Well Above Forecasts in February
Surprising to the upside, seasonally adjusted consumer debt rose $15.3 billion in March while total consumer credit rose to 2.558 trillion.

Deterioration in Pending Home Sales Confirms Broader Trend, Economists Say
Economists say the March report for pending home sales confirms what has been known for many months now: the housing market is still several months away from stabilizing.

Mortgage Rates Continue Pattern of Last Few Weeks - Little Movement
Weekly Mortgage Market Report

Jump in Mortgage Foreclosures is "Urgent Problem"
Fed Governor Randall Kroszner said rising mortgage foreclosures are an "urgent problem" and called on Congress to pass a Fannie Mae and Freddie Mac regulatory bill.