Archive for December 18th, 2007
Fed Endorses New Home Mortgage Plan
The Federal Reserve endorsed new rules Tuesday that would give people taking out home mortgages new protections against shady lending practices.
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The proposed rules, approved in a 5-0 vote by the board, are geared to providing safeguards to the riskiest “subprime” borrowers, already painfully stung by the housing [...]
Posted: December 18th, 2007 under .
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Congress Approves Fuel Economy Mandate
Congress by a wide margin approved the first increase in automobile fuel economy in 32 years Tuesday, and President Bush plans to quickly sign the legislation, accepting the mandates on the auto industry. if(window.yzq_d==null)window.yzq_d=new Object(); window.yzq_d[\\'6erdLdGDJHY-\\']=\\’&U=13bq2r842%2fN%3d6erdLdGDJHY-%2fC%3d571921.11885558.12334492.1442997%2fD%3dLREC%2fB%3d4934520\\’;The energy bill, boosting mileage by 40 percent to 35 miles per gallon, passed the House [...]
Posted: December 18th, 2007 under .
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