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Thursday, January 10, 2013

Crisis In The Housing Market

New Mortgage Rules Would Limit Risky Lending

New federal mortgage rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.

January 10, 2013 The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.

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Wednesday, January 09, 2013

Poetry

Richard Blanco Will Be First Latino Inaugural Poet

Poet Richard Blanco is the author of City of a Hundred Fires, Directions to the Beach of the Dead and Looking for the Gulf Motel.

January 9, 2013 Blanco, a first-generation Cuban-American, says he identifies with the theme of the inauguration: Our People, Our Future. He is the fifth poet to take part in a U.S. presidential inauguration, and also the youngest. He says being selected was a "great honor."

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Around the Nation

NRA Vows To Stop Tucson From Destroying Guns

Guns are piled inside a crate outside a police station in Tucson, Ariz., on Tuesday during a buyback. Tuesday marked the second anniversary of when a gunman opened fire on former Rep. Gabrielle Giffords as she met with constituents in 2011, killing six people and leaving 12 others injured.

January 9, 2013 The Arizona city's gun buyback program is being challenged by the National Rifle Association. The gun rights group says it is illegal under the state's law to destroy the guns, and warned the city it will sue. Tucson officials say they are not violating the law.

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