Homebuilder Confidence Jumps
In a strong sign that the housing market may be picking up, builder confidence in April made its most dramatic increase in nearly seven years, according to an industry report.
http://money.cnn.com/2009/04/15/news/economy/
housing_market_index/index.htm?postversion=2009041513
Obama Launches Mortgage Rescue Plan
The Treasury Department announced last week the first six participants to sign up for President Obama’s loan modification program. They include three of the nation’s largest banks: JPMorgan Chase, Wells Fargo and Citigroup. The others are GMAC Mortgage, Saxon Mortgage Services and Select Portfolio Servicing.
http://money.cnn.com/2009/04/15/real_estate/
obama_mortgage_plan/index.htm?postversion=2009041610
