RSS Feed

New Rules Issued For Mortgage Servicing Companies

Last week, the Consumer Financial Protection Bureau unveiled new rules for mortgage lenders. On Thursday, it releases new rules for the companies that service those loans.

How Is The Housing Industry's Recovery Faring?

The Federal Reserve has released its latest snapshot of the state of the U.S. economy. Retail and auto sales were up slightly over the year before — as was activity in the housing sector. Renee Montagne talks to David Wessel, economics editor at The Wall Street Journal, about housing's recovery.

FAA Grounds Boeing's New Jetliner In The U.S.

Most of the world's 787 jetliners are not flying. The Federal Aviation Administration announced late Wednesday it was grounding the U.S. fleet of Boeing's flagship airliner until it's confident the planes are safe. As expected, other countries then grounded their airplanes too.

Obama Calls On Congress To Act To Reduce Gun Violence

President Obama has signed into law 23 executive orders allowing federal agencies to strengthen the existing background check system and improve the tracking of stolen guns. But the big items like universal background checks and a ban on assault weapons and high capacity magazines will need congressional action.

Gun Makers Worry Revamped Laws Will Hurt Bottom Line

President Obama's gun control proposals pit the White House against the gun industry and its powerful lobbying groups. Some of the proposals — especially a ban on assault weapons — could take a bite out of gun makers' revenue.

FBI Arrests Dozens In Garbage Pickup Case

Federal authorities in New York have charged 32 people with using threats of violence to control garbage pickup routes in New York City and its suburbs. Officials say many of the suspects have ties to organized crime.

Obama's Gun Plan Welcomed By Mental Health Advocates

While many of the proposals President Obama unveiled Wednesday focused on toughening gun laws, they also included efforts to address the nation's fragmented and porous mental health system.

Bad Flu Season Overshadows Other Winter Miseries

Influenza is especially intense this year, and people are flooding into hospitals and doctors' offices. But the flu is just one of a triple whammy of respiratory viruses — plus the nasty norovirus — that are making lots of people sick.