The news for DC is hot today as a Bailout plan from the Treasury is in the works. Treasury Secratary Henry Paulson was meeting with top Mortgage Bankers on how to structure current morgage obligations so borrowers could keep their homes and avoid foreclosure. Details have not been provided to the public, but […]
Does the White House have a plan to help millions of people stuck with high rate mortgages? Apparently there is a plan, but it may take several months to flush out. “It’s premature to talk about those discussions at this point,” White House spokesman Scott Stanzel told reporters on Friday.
Full details on this […]
How DIRE is it for ETrade Financial Group, ETFC, with their stock tanking today by nearly 50%.
Our friends at BlogginStocks report that Bankruptcy may be in sight. As with the whole mortgage market, no one knows what the impact may be. If a company has in any way been involved in the mortage market, there most likely is a […]
