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Senate approves housing bill  U.S. Senate: The Senate has approved a $300bn rescue fund designed to prop up battered housing market. It may also be used to bail out the mortgage giants US lawmakers pass housing rescue
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1. 2013-08-27 US house prices continue strong growth USA
2. 2013-06-25 US home prices see big annual rise USA
3. 2013-05-28 US house prices 'see strong rise' USA
E. 2012-11-04 NY alert over post-storm housing New York
F. 2012-02-16 New York penthouse sells for $88m Central Park, Manhattan
6. 2009-07-17 New US home starts surge in June USA
H. 2009-04-14 Jackson property sale cancelled Los Angeles
I. 2009-02-18 Obama's housing plan 'to help 9m' Washington
2008-09-07 US takes over key mortgage firms Washington

US takes over key mortgage firms
US house prices continue strong growth  Growth in US house prices remained strong in June, according to a closely watched survey US home prices see big annual rise  US home prices have seen their biggest annual rise since 2006, a closely-watched survey suggests US house prices 'see strong rise'  US house prices in March were up 10.9% from a year earlier, the best annual rise in seven years, a survey has said   NY alert over post-storm housing  New York: Tens of thousands of people whose homes were damaged by storm Sandy could soon need housing as cold weather closes in New York penthouse sells for $88m   Manhattan: A lavish New York penthouse with panoramic views of Central Park has become the most expensive apartment ever sold in the city New US home starts surge in June  The construction of new homes rose 3.6% between May and June to the highest level in seven months   Jackson property sale cancelled  Los Angeles: A planned auction of nearly 1,400 items from the former home of pop star Michael Jackson has been cancelled   Obama's housing plan 'to help 9m'

year 2013 Top ^


year 2012 Top ^


year 2009 Top ^

  Washington: The plan will provide refinancing to 4 to 5 million 'responsible homeowners' and a 'homeowner stability initiative' to reduce monthly payments

year 2008 Top ^

  Washington: US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history

  House of Representatives: The House of Representatives has passed a massive housing rescue bill that could help struggling homeowners get cheaper loans
Jul.11 Mortgage firms' shares slump
  Shares in Freddie Mac and Fannie Mae have fallen by more than 40% in early trading amid concerns for the future of the companies
Jun.19 FBI holds 406 for mortgage fraud  The Justice Department was pursuing 144 cases. The arrests include estate agents and loan originators, who help homebuyers to take out loans Mar.26 U.S. home prices brace for dismal spring  Home prices plunged by record levels from a year ago, with almost no major cities immune from the spiraling market Feb.26   Jackson faces Neverland auction  Southern California: Pop star Michael Jackson could lose his ranch if he fails to pay nearly $25m that he owes on the sprawling property

year 2007 Top ^

Dec.6   Bush details housing rescue plan
  Washington: The President has outlined plans to freeze rates on sub-prime mortgages for 5 years to help people hit by the housing market crisis Oct.17 Further fall in home building  The number of homes being built in the US fell by 10.2% in September, worse than had been expected. Applications for building permits down 7... Oct.15 Banks plan fund to revive market  Some of the US's largest banks have announced plans to form a $75bn fund to support the ailing market for sub-prime debt Aug.9   Mortgage concerns hit US markets
  The share indexes tumbled amid fears that a wobble in the mortgage market may prompt a global credit crunch. Dow Jones fell 199.24
 The subprime mortgage crisis caused by a dramatic rise in mortgage delinquencies and foreclosures in the United States triggered the financial crisis, with major adverse consequences for banks and financial markets around the globe. The result has been a decline in the capital of banks and USA government sponsored enterprises, tightening credit around the world

year 2003 Top ^

Feb.26 New WTC plan is chosen  New York: A complex of angular buildings and a 1,776-foot spire were designed by architect Daniel Libeskind Feb.4 World Trade Center finalists chosen  New York: 2 plans would create the world's tallest structure. Libeskind and the international Think team are behind the plans

year 2002 Top ^

Jul.21 Public pans WTC plans  New York: Thousands of huddled around tables to give their opinions of the rebuilding plans for the World Trade Center site Jul.16 Ground Zero plans unveiled
Map of World Trade Center USA  Manhattan: The first plans for redeveloping the site where the World Trade Center stood have been made public

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