WASHINGTON - The Bush administration is cool to the idea of a government bailout for U.S. homeowners facing foreclosure, at least until it is clear whether the private-sector initiatives it champions can work. | Video
Gradual home price drop good: Yale's Shiller
NEW YORK - Robert Shiller, Yale finance professor and author of the highly touted "Irrational Exuberance" book on asset bubbles, said gradually falling home prices are nothing to fear.
Related CEO says economy likely to worsen
NEW YORK - The chief executive of real estate development powerhouse, the Related Cos, thinks the U.S. economy is already in a recession and is going to get worse.
Freddie Mac boosts fees again
NEW YORK - Freddie Mac , the second-largest provider of financing for U.S. residential mortgages, will add fees on riskier mortgages for a third time to cushion itself from the housing slump, Chief Executive Richard Syron said on Thursday.
Give back capital for big loans: Freddie Mac
NEW YORK - Freddie Mac wants its regulator to hand back over $1 billion in reserve capital so the mortgage finance company can buy larger home loans, the company's chief said on Thursday.
Hovnanian: U.S. housing bottom at year end
NEW YORK - Hovnanian Enterprises Inc's chief executive said on Thursday he sees a challenging U.S. housing market for the next two years, but weak demand should bottom out at the end of this year.
No housing bottom until '10: CP Morgan
NEW YORK - The chief executive of one of the largest privately owned U.S. home builders said on Thursday he doesn't see the struggling U.S. housing market's weak demand hitting a bottom until the middle of 2010.
Resetting risk gauge to take time: Treasury's Steel
WASHINGTON - Years of misjudgment on the risks of complex new financial instruments and how they are interconnected lie at the heart of the global credit crunch, a senior Treasury official said on Thursday.
Lending laws unenforced in housing crisis: Jackson
NEW YORK - A U.S. mortgage meltdown has its roots in lending discrimination against African-American and Hispanic communities and requires federal intervention to prevent it from crippling municipal services, civil rights activist Rev. Jesse Jackson said on Wednesday.
Treasury studying home refinance plan
WASHINGTON - The U.S. Treasury Department is studying a proposal aimed at prodding servicers to help homeowners facing foreclosure to refinance their mortgages, the department's undersecretary, Bob Steel, said on Thursday.
Now not time for mortgage bailout: Treasury
NEW YORK - The U.S. government is right to protect and nurture the housing market during the current crisis, but now is not the time to create a federal backstop for falling property values, a senior Treasury official said on Thursday.
Speakers
| Summit | Date | Category |
|---|---|---|
| Food and Agriculture | Mar 12 - 15 | Food |
| Global Mining and Steel | Mar 26 - 29 | Manufacturing |
| Africa Investment | Apr 16 - 19 | Financial Services/Exchanges |
| Global Energy | May 14 - 17 | Manufacturing |
| Latin America Investment | May 28 - Jun 1 | Financial Services/Exchanges |
| Washington | Jun 4 - 7 | Financial Services/Exchanges |
| Media and Technology | Jun 11 - 14 | Media/Tech/Telco |
| Retail and Consumer | Sep 11 - 14 | Consumer & Retail |
| South East Asia Investment | Sep 17 - 21 | Financial Services/Exchanges |
| Russia Investment | Sep 24 - 27 | Financial Services/Exchanges |
| Middle East Investment | Oct 22 - 24 | Financial Services/Exchanges |
| Investment Outlook | Nov 27 - 30 | Financial Services/Exchanges |
| China Investment | Dec 10 - 13 | Financial Services/Exchanges |

