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Summary of the “Housing and Economic Recovery Act of 2008
It is said that this just-passed bill will help over 400,000 homeowners. With the bill itself being over 600 pages, this four page summary will explain the key provisions. This legislation strengthens and modernizes the regulation of the housing government-sponsored...Bush Signs Historic Housing Bill
This federal housing bill is a significant move in the right direction for California homeowners. It will aid in stabilizing our economy and help stem foreclosures, while also providing support to first-time homeowners. The legislation will assist an estimated 400,000...
WaMu has $3.33B loss, may be cut to "junk"
Washington Mutual has had another miserable quarter. This isn't surprising since a significant portion of their revenues are from mortgage loans. What is surprising is that they haven't undertaken to refinance some of these loans rather than write them down. The most... FHA Takes $4.6 BILLION Hit … It’s Just Taxpayer Money
"FHA Takes $4.6 BILLION Hit … It’s Just Taxpayer Money"Leave it to the government to come up with a home loan program where, if the buyer does not have the low 3% down payment normally required, the seller can pay that for them. So, from day one, the buyers have zero...Stock Trading Robot, Doubling Stocks
Marl just picks up Penny Stocks from a list. The price per share of this stock is also very less (in between 0.10 to 10$ etc). In general such stocks are highly volatile and they always trades with high volume so... Bolivia to fund road projects with Venezuelan US$300 millions (Updated)
Updates: "Morales, Lula and Chavez sign agreements to build roads of integrationRiberalta (Beni), July 18 (ABI).- Presidents of Brazil, Luiz Inacio Lula Da Silva; Venezuela, Hugo Chavez Frias and Bolivia,... IndyMac Fails, Seized by U.S. Regulators
IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal Bank,... Japan says giving 300-million-dollar climate loan to Indonesia
Money? It's easy for the rich country like Japan."Toyako (ANTARA News) - Japanese Prime Minister Yasuo Fukuda on Wednesday announced a loan to Indonesia of 300 million dollars in the first batch of aid under Tokyo's... Woman in India 'has twins at 70'
A woman in India, who is believed to be 70 years old, has given birth to twins after taking IVF treatment."Omkari Panwar has no birth certificate but if her age is proven it would make her the world's oldest mother. ... 'Girls Gone Wild' sued for $2 million in gambling debt
"LAS VEGAS, Nevada (AP) -- "Girls Gone Wild" founder Joe Francis is being sued by a Las Vegas Strip casino for $2 million in gambling debts from February of last year. Francis spokesman Ronn Torossian said Tuesday that the man who built the soft porn empire already had...TransUnion launches Personal Loan Score
"Chicago and Hong Kong, (ANTARA News/PRNewswire-AsiaNet) - TransUnion today announced the launch of Personal Loan Score, the industry's first credit scoring tool designed to help businesses reduce delinquency of unsecured loans for the Hong Kong market. This scoring solution...Huge Goverment Housing Bail Out Almost Ready
According to reliable sources, House and Senate banking committee leaders are close to an agreement on a landmark housing bill on which the Senate might vote on this week. This legislative package would, in part, authorize the Federal Housing Administration (FHA) to refinance...New Dubai mortgage options will keep house prices moving up « Peter J. Coope...
" Now we have Amlak Finance’s Easy Start mortgage which offers lower payments over the first four years of a home loan with increased payments from year five. On a Dhs1 million loan this cuts payments from Dhs9,500 on the normal finance rate of 7.75 per cent to Dhs6,458,... Wife Mortgaged to Loan shark
We have heard of excesses of loan recovery agents. But in a shocking incident in India's eastern state of West Bengal a man was forced to keep his newly married wife as mortgage after failing to repay loan. "You could call it Bengal’s heart of darkness. Unable to... The Vetter needed Vetting, Johnson resigns from Obama's VP Search
The Vetter needed Vetting, Johnson resigns from Obama's VP SearchA manager of Democrat Barack Obama's vice presidential search team resigned Wednesday amid criticism over his personal loan deals."Jim did not want to...
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