Types Of Bankruptcy

Countrywide CEO Dumped Stock Before Mortgage Slump (CBS 5 Bay Area)  Countrywide Financial Corp. Chairman and CEO Angelo Mozilo cashed in $138 million in stock options over the last year, switching his trading plans as the mortgage company went into a


The Best Home Improvement Shows   It used to be that the term "home improvement shows" garnered images of Bob Vila, standing in an old house, describing every action as he hammered. While these types


Size of New Homes Shrink As Builders Battle Housing Slump  Home builders are putting up fewer extra-large houses and are offering smaller floor plans to lure buyers by keeping prices low. read more...


Disclosure forms confuse borrowers  "Current mortgage disclosures fail to convey key mortgage costs and terms to many consumers, leaving them susceptible" With mortgage delinquencies and foreclosures soaring, federal researchers have identified a key


Why Buying Property Near A University is a Smart Move  You're looking for a sound investment. The overall forecast for the housing market sounds ominous, but there is one bright spot behind the clouds -- college-town real estate. Jennifer Openshaw


Stocks in U.S. Fall, Led by General Electric, Symbol Technologies Shares  U.S. stocks fell after General Electric Co. said profit may trail analysts' estimates and Symbol Technologies Inc.'s sales missed its forecast.read more...

March 26th, 2008

Obama: Tighter Regulations Needed To Help Economy

Democrat Barack Obama said Thursday that the government must revive the troubled economy by tightening regulations and reforming its own agencies to adjust to the realities of modern finance.

“We do American business – and the American people – no favors when we turn a blind eye to excessive leverage and dangerous risks,” Obama said.

The presidential candidate spoke not far from Wall Street, hard hit by the mortgage meltdown and credit problems.

To fix the economy, Obama proposed relief for homeowners and an additional $30 billion stimulus package to address the nation’s economic woes. Read more



read more…

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Couldn't find your convert utility. Check that you have ImageMagick installed.