Now is up to President Bush
Friday, May 9th, 2008On Wednesday President George Bush declared that he would veto the foreclosure bill, but despite the threat of presidential veto, the house approved the legislation yesterday.
Archive for May, 2008
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.
Increasing Tampa Foreclosures Spell Booming Business For Tampa Law Firms!
Monday, May 5th, 2008Filing foreclosures in cities that are swamped by ever increasing foreclosure lists means plenty of lawsuits and legal work. Law firms such as Florida Default Law Group in Tampa may have set a record of sorts when it filed over 400 forclosure lawsuits for Hillsborough County in February 2008.
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.
