May 13
Frannie Mae, Freddie Mac Costing Taxpayers Billions
Posted on Wednesday, May 13, 2009 in Mortgage News
If Frannie Mae and Freddie Mac haven’t already become cursed names in the average American household, perhaps they will now. The Obama Administration says that the companies need yet an additional $92.2 billion to cover losses on mortgage investments. This assistance is, of course, after the companies have already received $78.8 billion in federal aid, and is expected to take affect before September of 2011, though no timetable has been established.
Feb 20
Credit cardholders have rights
Posted on Friday, February 20, 2009 in Mortgage News
Many industry practices have become unfair, deceptive and anticompetitive, says Congresswoman Maloney.
Feb 20
White House Reaffirms Commitment to Private Banking Sector
Posted on Friday, February 20, 2009 in Mortgage News
Following a wave of fear that swept stock markets Friday over the possibility of the U.S. government nationalizing banks, the White House reaffirmed its commitment to a private banking system . Markets took a dive after Senate Banking Committee Chairman...(read more)
Feb 20
Senator Dodd Says Temporary Bank Nationalization Possible
Posted on Friday, February 20, 2009 in Mortgage News
The U.S. may have to temporarily nationalize certain banks , Senate Banking Committee Chairman Christopher Dodd said Friday in an interview on Bloomberg Television. The headlines sent shares of Citigroup and Bank of America down more than 20% on fear...(read more)
Feb 19
Where to get DIY help
Posted on Thursday, February 19, 2009 in Mortgage News
Get how-to help from free resources like the Internet and local hardware store
Feb 19
8 ways to DIY and save money
Posted on Thursday, February 19, 2009 in Mortgage News
Do-it-yourself repair and installation isn't as hard as you think, and it can save you money.
Feb 19
Stimulus tax payout small
Posted on Thursday, February 19, 2009 in Mortgage News
A third of the stimulus package is tax relief, but it puts only a few more dollars in your paycheck.
Feb 19
Video: DIY or hire a pro?
Posted on Thursday, February 19, 2009 in Mortgage News
DIY saves money, but sometimes the job is more than you can handle. Here's how to tell when you need help.
Feb 19
Myth: Aftermarket gear voids car warranty
Posted on Thursday, February 19, 2009 in Mortgage News
Buyers may soon be able to personalize their new cars without endangering the manufacturer's warranty.
Feb 19
5 stupid tax mistakes
Posted on Thursday, February 19, 2009 in Mortgage News
Bankrate financial columnist Steve Bucci lists the top five ways to make your tax season bleak.