Hell has a special place reserved for those who prey on the innocent, but until those scam artists fill their reserved slots we all need to make sure we learn how to spot them. ...
opinion by TBeagle | 3 years ago | updated 3 years ago 240 views | 0 recommendations | 0 comments
This was found in my email inbox written by an unknown author about the kind of car Congress would make … and better, how they might sell it (assuming they could actually make something … anything). The note...
opinion by Edmund Jenks | 3 years ago | updated 3 years ago 1552 views | 5 recommendations | 2 comments
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...
"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The...
During the Clinton administration, the government required the financial industry to start expanding the frequency of mortgage loans to consumers who might not have qualified in the past.When George W. Bush was named president by the Supreme Court in December 2000, the stock...
opinion by SUICIDEkings | 3 years ago | updated 3 years ago 201 views | 6 recommendations | 1 comment
"Mortgage forgiven for woman, 90, who shot herself"" AKRON, Ohio (AP) -- Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her. Addie Polk's plight...
Obama calling himself an outsider and agent of change has CEO of Freddie Mac on his Pay Role. The fact is that he has received over 500,000 dollars from folks within Fannie Mae/Freddie Mac. Some...
created by Albert Milliron | 3 years ago | updated 3 years ago 3458 views | 8 recommendations | 11 comments
"This week, several mortgage companies were placed under the control of government-backed enterprises Fannie Mae and Freddie Mac. And to provide the troubled borrowers with immediate relief, the Senate Banking...
created by cassy82 | 3 years ago | updated 3 years ago 189 views | 0 recommendations | 1 comment
Since the government announced its takeover plan of Fannie Mae and Freddie Mac, stock markets in the United States and around the world have rallied and mortgage rates have dropped. But the latest turn in the...
" Yet we should all be relieved at one level: the US has chosen to go down the path of 1970s style inflation, rather than 1930s style deflation. The alternative route of letting banks fail produced the Great Depression of the 1930s and nobody wants to make that mistake again."
created by arabianmoney | 3 years ago | updated 3 years ago 386 views | 0 recommendations | 0 comments
The world's second largest stock exchange is enduring an extended derailment today due to a computer crash. A glitch in the London Stock Exchange computer system at 8:44am this morning has resulted in the...
created by Terri Potratz | 3 years ago | updated 3 years ago 322 views | 0 recommendations | 2 comments
Dr. Dan Seiver, professor of finance at San Diego State University and the publisher of the padsystemreport.com website.
Ann Lee, finance professor at Pace University's Lubin School of Business in New York.
created by cdtvdotnet | 3 years ago | updated 3 years ago 224 views | 0 recommendations | 0 comments
Update: no sharholder return priority ? INVESTORS While it is not yet clear whether stockholders in Fannie Mae and Freddie Mac will be wiped out entirely, Mr. Paulson did say on Sunday that the entities “will no...
created by SOLARLIFE | 3 years ago | updated 3 years ago 566 views | 2 recommendations | 3 comments
The world's current Bear markets remain jittery this week as the US government bails out mortgage giants Fannie Mae and Freddie Mac. Unemployment in the USA reached a peak of 6.1% and consumers continue to...
created by Christina 123 | 3 years ago | updated 3 years ago 440 views | 7 recommendations | 7 comments
UPDATE: This happened as anticipated. There is more complete look at the world financial situation HERE, and I recommend it.This is not your great-grandpa's bailout, but it is meant to reverse the...
created by dunkelberg | 3 years ago | updated 3 years ago 527 views | 11 recommendations | 10 comments