Housing

Senators say have accord on housing rescue (Washington Post)

16 May 2008

WASHINGTON (Reuters) - Leaders of the U.S. Senate Banking Committee said on Thursday they have agreed to the underpinnings of a housing rescue plan that will create a federal backstop for failing loans.

'1m more' on housing waiting list (BBC News)

16 May 2008

Five million people in England could be on the waiting list for social housing within two years, councils warn.

Senators reach deal on housing rescue: sources (Reuters via Yahoo! News)

16 May 2008

Leaders of the Senate Banking Committee on Thursday reached a deal on a broad housing rescue plan in which Fannie Mae and Freddie Mac would support a federal mortgage insurance fund, two industry sources said.