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Pitfalls in new mortgages entrap naive borrowers  At 64, and looking toward his retirement next year, Willie Lee Howard agreed to refinance his duplex in Washington, thinking a fixed-rate loan would help stabilize his finances.Commentread more...


Everbright to offer fixed-rate mortgages  An outlet of China Everbright Bank in Zhengzhou. China Everbright Bank takes the lead in offering fixed-rate mortgages to home buyers in major Chinese cities.read more...


High on Their Lofty Spaces on the Hill    Jamie Brown and Kyle Hamblin say they won't be buying another 17-foot Christmas tree this year. via


If behind on your mortgage, call bank  'A lot of times it's just a matter of telling your story to the bank,' said Jonathan Pinard, president of the Empire State Mortgage Bankers Association of New York.Commentread more...


Gaston Museum Building Dedication Friday  A ceremony is set for 5 p.m. Friday to dedicate a new building housing the Gaston Museum.via


An Update Letter from Representative Bobby Jindal  I wanted to take a moment to update you on some of the activities in Washington, D.C. that will be a great impact to the people of Louisiana.read more...

March 9th, 2008

In The News Today

“We would characterize this situation as a systemic margin call.”

Here is a picture of what the bailout that was certain, like Friday’s $200 billion to fix everything, is going to do to us ALL. via Jim Sinclair’s MineSet



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