Archive for the ‘foreclosures’ Category
Mr President, here is a bill for you to sign!
Thursday, May 8th, 2008On Tuesday last week President George Bush blamed the Democratic-led Congress for not passing the foreclosure bills. He was complaining that he was not getting bills to sign and he urged the Congress to work on bills that he could sign, but despite his complaint to many Congress members, he declared yesterday that he will veto the house foreclosure relief legislation under consideration in the Congress. Bush declared that the new legislation would only be beneficial to a group of speculators and lenders.
Students affected by foreclosure crisis
Wednesday, May 7th, 2008The current foreclosure crisis is now affecting thousands of students that are seeking loans to complete their education. Students and parents are complaining that the student loans are almost impossible to get. The lack of these loans is forcing many students to drop out of school.
Home Prices And Dollar Hits The Ground
Tuesday, May 6th, 2008After Ben Bernanke (Federal Reserve Chairman) said home prices may continue to fall, the national currency falls even more against the Euro. In New York, Bernanke pointed that the foreclosure crisis, the most severe real estate recession in decades, may hurt more than just lenders and homeowners and he urged the government and lenders to try harder to reduce the number of foreclosures.
Foreclosure Housing aid bill to be voted today, will it get to the President?
Thursday, May 1st, 2008A multibillion-dollar foreclosure assistance bill is being worked since yesterday by members of the House Financial Services Committee that is intended to help the foreclosure crisis.
Bush Blaming Congress On The Foreclosure Crisis? What About the War?
Wednesday, April 30th, 2008On Tuesday the President Bush blamed the Democratic-led Congress for not passing the foreclosure bills. According to the President, the Democratic-let Congress is blocking proposals that could help the sagging economy and the real estate crisis. The President said he is opened to help on the crisis but he is not getting Bills that he can sign.
Again Michael?
Tuesday, April 29th, 2008The pop star Michael Jackson has managed to avoid losing his home in La, after paying $414,806. The three bedroom house in Encino had been scheduled for a public foreclosure auction on May 5, according to A Notice of Trustee’s Sale filed on April this month.
The Hillary Clinton´s Foreclosure Proposal To Help Veterans
Monday, April 28th, 2008With recent reports showing that many service members and veterans are facing difficulties on mortgage payments, Hillary clinton announced new proposals to protect these veterans and service members. The new proposals intend to propose new affordable and stable fixed mortgage rates, and she will build an agenda to address the crisis.
Expected veto from the White House on foreclosure bills
Friday, April 25th, 2008Barney Frank said to reporters this morning that the House Financial Services Committee is expecting a veto threat from the Bush administration on the $15 billion dollars loan and grant assistance bill. This bill has been approved by the committee yesterday.
Controversy Surrounds Foreclosure Prevention Act
Monday, April 7th, 2008Amidst the unveiling of the new Foreclosure Prevention Act, there has been much controversy. The bill was stalled for along time over arguments between Republicans and Democrats in the Senate over certain provisions, and now that argument has become a public one.
Foreclosures Jump Nearly 60% in February, Experts Predict More on the Way
Thursday, March 13th, 2008Foreclosures across the country rose nearly 60% during the month of February according to new reports released by ForeclosureConnections today, indicating that the trend of growing foreclosures in 2008 is going forward as predicted.
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