The $1.5 billion federal aid package will be distributed to housing agencies in California, Nevada, Florida, Michigan, and Arizona – the states hardest hit by the housing crisis – to help keep struggling homeowners in their houses.
At the annual CPAC in Washington, former Massachusetts Gov. Mitt Romney was the early front-runner for the 2012 presidential elections.
New York Mayor Bloomberg and NeighborWorks rolled out a ‘Loan Modification Scam Alert’ on Thursday. The goal: to prevent yet more homeowners from falling victim to mortgage fraud.
States' pension woes only have grown worse in the past year, a new study by the Pew Center for the States finds. This problem can't be laid at the door of the recession.
Everybody from tea partiers to Republican lawmakers to GOP chief Michael Steele is listing their political priorities and goals. Republicans are hoping to repeat Newt Gingrich's 1994 success in taking over the House with his 'Contract With America.'
Sen. Evan Bayh's last-minute announcement that he won't run for reelection means state party leaders will have to find a candidate. In Indiana, whoever that is will have to be a relatively conservative Democrat who can work with Republicans.
Children take part in Olney, England's Pancake Race on Tuesday. The town's famous pancake race is held every Shrove Tuesday, featuring women who have lived in the town for more than six months. The event dates back to 1445 and is believed to have begun when a townswoman late for services on Shrove Tuesday at the Olney Parish Church ran down High Street to make it to the church, still clutching her frying pan and wearing an apron.
Then-Republican vice presidential candidate Gov. Sarah Palin waves to supporters as she arrives at Sen. John McCain's election night rally at the Arizona Biltmore Resort and Spa in Phoenix, Ariz., on Nov. 4, 2008.
Under Obama's 2011 budget, NASA would cancel plans to put astronauts back on the moon by 2020 and hand off space-taxi services to private companies.
In renovating an old farrmhouse, the owner discovers that solar panels can be leased instead of purchased.