House Approves Foreclosure Package A House panel approved $15 billion in loans and grants for local governments to purchase the growing number of foreclosed homes.read more...
US consumers limp as tax rebates fade Consumer spending is showing signs of flagging in the United States as shoppers descend on discount stores but avoid buying non-essentials as the effect of federal tax rebates begin to
IndyMac Bank, key US mortgage lender collapses (Islamic Republic News Agency) US - Credit Crunch One of the largest US mortgage lenders, the California-based IndyMac Bank, has collapsed amid a growing credit crisis. Federal regulators seized the bank's assets, fearing it
Don't let windfall ignite spending Mutual fund companies like to tell you that, at your current rate of savings, you'll be reduced to a diet of fresh gravel when you retire.read more...
Contractor convicted of defrauding elderly man "Second, the conviction should encourage other seniors who have been similarly victimized to report the crimes to the police." MANCHESTER A local contractor was convicted of scamming a 72-year-old
Citibank Under Scrutiny for Interest Rate Policy Citibank Korea is under fire for taking interest gains through inappropriate methods and regulators are looking into the case.read more...
“This is a good deal for senior citizens because they don’t have to make monthly loan payments,” said Marlene J. Flagel, president of County Corp, Montgomery County’s economic development and affordable-housing …
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