In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.
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Program to pay homeowners to sell at a loss
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Today in History
Today in History Friday, July 30, 2010
Birthdays
1863 Henry Ford, began automobile revolution
1889 Vladimir Zworykin, co-inventor of television
1909 C. Northcote Parkinson, naval historian.Events
Delta Aquarid meteor shower, radiant in Aquarius.
1619 The House of Burgesses in Virginia is formed. 1st elective governing body in a British colony.
1836 1st English newspaper published in Hawaii.
1946 1st rocket to attain 100-mile altitude, White Sands, NM
1956 Motto of US "In God We Trust" authorized
1971 US Apollo 15 lands on Mare Imbrium.
1980 Vanuatu (then New Hebrides) gains independence from Britain, Fran
1983 STS-8 3rd flight of Challenger. 1st night launch & land.
1984 STS-14 first flight of the shuttle Discovery.Blogroll