The government is giving it one more try — making a new effort to help
homeowners who are facing foreclosure. The HAMP — Homeowners Affordable
Modification Program — has been thrown into the laundry hamper. Now it
is being modified in an attempt to break the surge in foreclosures and
the logjam in modifications.
Already flooded with hundreds of private lawsuits, Toyota now faces a
dilemma stemming from safety problems on several popular models:
whether to accept a record $16.4 million fine that could be cast as an
admission of wrongdoing, or fight the government at the cost of more
A panel investigating the roots of the financial crisis will press
current and former executives of Citigroup Inc. at hearings this week
about the bank's role in spreading trillions of dollars in risky
mortgage debt through the banking system.
The U.S. service sector grew in March at its fastest pace in more than
two years, suggesting the economic recovery is expanding from the
nation's factories to its shops, restaurants, hospitals and other big
sources of jobs.
Paula Medrano shifts uncomfortably on the doctor's examination table,
holding out a wrist inflamed and swollen by arthritis. The 78-year-old
has no health insurance, lives below the federal poverty level, and
can't pay for the medication she needs.