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McCain’s $300 Billion Mortgage Plan: Better Than the $700 Billion ... - Wall Street JournalAt Monday night’s Presidential Debate, John McCain dropped an economic bomb: he suggested that the U.S. Treasury should buy up mortgages and renegotiate their terms . Republican presidential candidate Sen. John McCain speaks at the town hall-style ...
Dow finishes below 10,000 for first time since '04 - ksl.comTalk about LOL. If you think that the Democrats did not have anything to do with creating the economic problems facing this nation then you need to stop letting the media do you thinking for you. I am not saying that the Republicans did not have any ...
Fed Takes Control of AIG With $85 Billion Bailout (Update4) - BloombergSept. 17 (Bloomberg) -- The U.S. government took control of American International Group Inc. in an $85 billion bailout to prevent the bankruptcy of the nation's biggest insurer and the worst financial collapse in history. The Federal Reserve will ...
AIG Falls on Concern Shareholders Will Be Wiped Out (Update1) - BloombergSept. 17 (Bloomberg) -- American International Group Inc. fell 44 percent on speculation the government's takeover will ultimately wipe out shareholders. The U.S. plan to save AIG, the nation's largest insurer by assets, may give the government an 80 ...
Economists: Pass bailout bill with an equity stake for U.S. taxpayers - Bloggingstocks.comThe U.S. Treasury's $700 billion bailout bill is winding its way through the Congress. To say the situation is dynamic and fluid would be the understatement of the year. The Congress, led by U.S. Rep. Barney Frank (D-Mass.), chairman of the House ...
Resolving the Wall Street Crisis: Monetary Reform - OpEdNews.comEinstein wisely observed that you cannot solve a problem with the same consciousness that created the problem in the first place. This Wall Street “financial crisis” is an opportunity to correct systemic disease at its source. Being stampeded by ...
Stocks mostly lower as GM declines; Techs rise - ksl.comManufacturing jobs being sent out of the country by NAFTA, and GATT. Bad Loans forced on banks by federal regulations in the CRA and other policies. Not enough drilling in the USA, and not building refineries for over 10 years. You can thank Clinton ...
Greenspan Calls for Action on Financial Crisis - Wall Street JournalThe U.S. economy is in the grip of the most severe financial crisis since the Great Depression. Even highly credit-worthy businesses are paying unprecedented premiums for borrowing. A large fraction of businesses are shut out of the credit market ...
Letters, 9/26: Kleeb means stability - Lincoln Journal StarAs we near the election for U.S. Senate on Nov. 4, Nebraskans need to carefully examine the words, action and history of each candidate. On agriculture, only Scott Kleeb knows firsthand the concerns farmers have with the policies in Washington today ...
It Failed - Thecurrent.theatlantic.comThe bailout crashed, and so did democracy. Democracy is not perfect, and one of its many imperfections is that voters tend to be ignorant. I don't mean to be insulting. There are, after all, perfectly rational reasons for this ignorance. In a ...

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Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
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