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Category Archive for 'Housing Issues'

Forbes has awarded EconomicIndicators.gov one of its “Best of the Web” awards for compiling data across govt agencies and making it publicly accessible. But as of March 1, the Bush admin has announced that it is shutting down this site due to “budgetary constraints.” Bush Admin Shuts Down Website Tracking U.S. Economic Data Thu, 14 [...]

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The emphasis of the article was that “even borrowers with stong credit are the pinch”. The part that interested me was this: Banks are responding to the rise in delinquencies by capping home equity lines of credit in areas with falling real estate prices. A few credit card companies have also moved to reduce the [...]

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