Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Is the Housing Bubble Back? These Four US Cities Are in the Danger Zone
By Diana Olick, CNBCHome price gains are accelerating again, and in some cities those values are overheating. Four of the nation's largest cities are now considered overvalued, according to CoreLogic. Home prices in...
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The Most Outrageous Housing Market in America
By Ciro ScottiThere are overheated housing markets, and then there is the San Francisco Bay Area – that rarified piece of the planet that is the home of so many high-tech companies and the incubator for hundreds...
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Why the Housing Market Could Keep Rising for Years
By Janna HerronThe number of first-time homebuyers could increase by a third over the next five years, adding a big boost to the housing market and the broader economy, according to a new study. Credit reporting...
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Home Prices Hit an All-Time High: Is This Another Bubble?
By Janna HerronU.S. home prices set an all-time high in June, eclipsing the previous peak set nearly a decade ago. While the record may make homeowners feel house rich, the rate of appreciation in many markets may...
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The Economic Problem Americans Are Worried About but the Candidates Are Ignoring
By Kellie Lunney, Government ExecutiveSeventy-one percent of Americans think that affordable housing should be a main focus of the political parties’ platforms during the 2016 presidential campaign, and 74 percent said they are more...
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Why the Housing Market Will Boom Again
By Akin Oyedele, Business InsiderThe next housing boom will be triggered by millennials. Like older demographic groups, the lumped-together cohort of 20- and 30-somethings is interested in getting married, starting families, buying...
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The Oil Crisis Has Killed These Housing Markets
By Akin Oyedele, Business InsiderMost of the worst housing markets in America have one thing in common: oil. And markets in energy-producing areas make up most of the bottom-ranked parts of America. Related: Here’s a Sign the...
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Banks Got Bailed Out, Homeowners Got Sold Out — and the Feds Made a Killing
By David DayenThe government turned an unprecedented crime ring of systemic fraud into a piggy bank, without distributing its profits to the homeowner victims.
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Why Oil's Collapse Could Ultimately Be Worse than the Housing Crisis
By Mark Harrington, CNBCOil and gas companies borrowed heavily when oil prices were soaring above $70 a barrel. But in the past 24 months, they've seen their values and cash flows erode ferociously as oil prices plunge —...
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The Big Problem with ‘The Big Short’
By David DayenToo many crisis narratives write ordinary people out of the picture, which actually makes us more vulnerable to a replay. That’s especially true because the new dangers won’t come from the same place.
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Why the Drop in Foreclosures is Not Good News
By Jennifer Depaul, The Fiscal TimesForeclosure filings dropped sharply in past six months, but experts say that may further delay any recovery in the housing market.
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Obama: 'Not Enough' Done on Housing Crisis
By Peter Wallsten and Cecilia Kang, The Washington PostPresident Obama made a rare admission of a policy misstep Wednesday, acknowledging that his administration failed to provide enough support to struggling homeowners and recognize the scope of the...
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Borrowers sue over apparent loan mod mishaps
By JACOB ADELMANLOS ANGELES (AP) — It seemed Maria Campusano's financial problems were behind her when the mortgage on her Victorian home in a Massachusetts mill town was chopped by hundreds of dollars a month. She...
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HUD to Give $1 Billion to Struggling Homeowners
By CEZARY PODKUL, The Washington PostSandra Allwine has been pleading with her bank for more than two years to modify the mortgage on her Arlington County home. Despite exhausting all her savings and having her daughter move in to help...
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Housing Freefall Ends as Prices Slowly Rise
By James C. Cooper, The Fiscal TimesForeclosures and short sales fell to 31 percent of all home sales in May. Excluding distressed properties, May home prices were down 0.4 percent . The shadow inventory of unlisted distressed homes...