Topic: Rick Green

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Fed easing: How many homeowners will it really help?

Federal Reserve's new push to ease mortgage rates won't help underwater homeowners and those with bad credit. Despite current low rates, two-thirds of homeowners have interest rates above 5 percent.
The Circle Bastiat Huge mortgage debts keep the housing market tumbling

Experts have been calling for the bottom of the housing market each year since the crash, and prices continue to tumble. Why? In an overwhelming number of cases, homeowners owe more on their mortgages than their houses are actually worth.
Paying to protect credit score, from underwater

Should underwater home owners go down with a sinking home to save a credit score?
'Large Binocular Telescope' delivers images three times sharper than Hubble

'Large Binocular Telescope' takes the sharpest pictures yet of deep space from Earth.
Obama aid package to help with home foreclosures

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.
Jewish street patrols curb crime – and generate controversy

Hasidic groups in New York patrol religious neighborhoods in marked cars, but they occasionally clash with outside groups and even among themselves.