Recovery is here?

Even as various analyst and economists are falling head over heels with claims of economic recovery having started, Friday night marked the tally of US failed banks crossing 100. The number of banks which had...

Are Feds Out to Help Owners of Foreclosed Properties?

The US Federal Deposit Insurance Corporation and the Treasury Department are set to work hand in hand on a program that could help improve the national concern on foreclosed properties. The said government agencies are reported to have been finding ways to alleviate...

U.S. Government Aid for Homeowners Facing Foreclosure

According to sources in Washington, the United States government has proposed a plan to help homeowners facing foreclosures. Federal officials announced the plan last Tuesday as giants in the mortgage market such as Freddie Mac and Fannie Mae launched a new approach to deal...

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