The Obama administration is considering an overhaul of mortgage giants Fannie Mae and Freddie Mac that would strip billions in bad loans and create a new home-loan organization, according to the Washington Post.
Senators have reached a deal on saving the dwindling "cash for clunkers" program, agreeing to vote Thursday on adding $2 billion to the popular rebate plan.
Charles Manson follower convicted of attempting to assassinate President Gerald Ford is set to be released from a Texas federal prison later this month after serving more than 30 years behind bars.
A court hearing for a University of Richmond alumnus detained in Azerbaijan is expected to begin in September, two months after he and a fellow activist were arrested on charges of hooliganism.
The gunman who opened fire on an exercise class in a Pittsburgh gym, killing three people and himself, hated women, had been planning his attack for months and 'chickened out' during an earlier attempt, he wrote in a blog.
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