White House to announce housing aid Friday: sources

WASHINGTON (Reuters) – The White House plans to announce on Friday that it will require lenders to lower the mortgage payments of some unemployed workers and encourage lenders to eliminate some principal debt of homeowners who owe more than their home is worth, sources familiar with the plan said on…

Govt housing agency trashed

KUALA LUMPUR: The Public Accounts Committee (PAC) is upset with Syarikat Perumahan Negara Berhad’s (SPNB) lack of preparation at a briefing in Parliament yesterday, resulting in a three-week delay due to insufficient information.

Housing Starts Up in January, While Permits Pull Back

Commerce said housing starts increased by 2.8% in January, to 591,000 units on an annualized basis.