Topic: Tom Miller

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Mortgage relief plan: Can it spark housing rebound?

Mortgage relief aimed at trying to boost lagging housing sector. Most of the $25 billion mortgage relief will go to homeowners struggling to pay their mortgages.
Will $26 billion settlement from big banks repair US housing market? (+video)

In the short term, the deal between 49 states and five big banks may actually boost foreclosures, some say. In the longer term, it should clear the inventory of homes that depresses prices and help the middle class.
Foreclosure deal close in several key states

Foreclosure deal adopted in more than 40 US states would force mortgage lenders to reduce loans for about 1 million households. Two key states, New York and California, are close to adopting the foreclosure deal.
Foreclosures spark big lawsuits against banks

Foreclosures have prompted a wave of class-action suits, which could cost banks billions of dollars, a congressional watchdog says.
Washington's tax day 'tea party': sun, slogans, and a ukulele

The tax day 'tea party' in Washington felt like a party indeed, with protesters almost joyful on a summery day where they accused administration officials of treason and rallied for GOOOH.
Wall Street’s fingerprints evident on financial reform bill

Congress pledged to tighten regulations on Wall Street after its role in the recession. The industry is reaching into its deep pockets to shape the financial reform legislation to its liking.
How Congress might change the way you buy health insurance

All the reform bills would establish a nationwide system of government-run insurance exchanges. Here's how they'd work.
If public option in healthcare is dead, what's next?

Obama administration officials have been talking up consumer-owned cooperatives. But they might not be big or strong enough to compete.
US as a health plan provider? Reform idea losing ground.

A 'public option' is popular with the left – and is supposed to serve, too, as a brake on medical costs. But charges that it is unfair to private insurers appear likely to sink it.