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News

 
Current Mortgages News
Details of Gov't Bailout
September 23, 2008
By: Russ Stampler
  

Details of Bailout Proposals
By The Associated Press

(Sept. 23) -The Bush administration is asking Congress for $700 billion to buy up troubled assets from financial institutions. Congressional Democrats are proposing to add several limits and requirements. Here are the main elements of both plans:
Bush administration plan:
- Give the...

 
Current Mortgages News
Foreclosure Rescue
September 20, 2008
By: Russ Stampler
  

Rescue plan seeks $700B to buy bad mortgages
By JULIE HIRSCHFELD DAVIS, Associated Press Writer 25 minutes ago

WASHINGTON - The Bush administration is asking Congress to let the government buy $700 billion in toxic mortgages in the largest financial bailout since the Great Depression, according to a draft of the plan obtained Saturday by The...

 
Talk to the LoanShrink
Financial Question
September 11, 2008
By: Nicolas Mejia
  

Hi Loan Shrink. I'm looking for some financial advice. Thank you very much.

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