Leading Rich

Guide to Money, Investing and Personal Finance

Archive for the 'SubprimeMortgages' Category

04 Mar

Bernanke Tells Lenders to Write Down Loans

This morning Federal Reserve Chief speaking to a group of Bankers in Orlando Florida.
As reported by Yahoo.com Business News
“This situation calls for a vigorous response,” Bernanke said in a speech to a banking group meeting in Orlando, Fla.
Even with some relief efforts under way by industry and government, foreclosures and late payments on home    […]

25 Feb

Wharton Study Released By FreedomWorks - “The Inequity of Subprime Mortgage Relief Programs”

Last week FreedomWorks released a Wharton study titled “The Inequity of Subprime Mortgage Relief Programs“. This study has extensive research including the distribution of subprime mortgage debt outstanding. Interestingly enough you may be surprised at the distribution. Below is an excerpt of the analysis showing California, Florida, New York and Texas with the greatest Subprime […]

21 Feb

Ralph Roberts’ New Book Offers Self-Defense to Homeowners Facing Foreclosure

Foreclosure Self-Defense For Dummies brings foreclosure information out of the headlines and into the hands of people who need it most.
DETROIT, Feb. 19 /PRNewswire/ — Foreclosure self-defense expert Ralph R. Roberts, GRI, CRS, announced the publication of his new book Foreclosure Self- Defense For Dummies (Wiley, February 2008, 332 pages) today. The book, co- written […]

16 Feb

Week In Review February 15, 2008 - Stimulus Package Signed, Buffet Bailout, Forclosures Up

This week was a busy week.  We started on the best footing with President Bush signing the $168 Billion stimulus package.  Unfortunately one other headline made a larger impact on the day and that was the House of Representatives grilling of Roger Clemens on the allegation of Steroid Use. Many of the major news organization […]

07 Feb

$168 Billion Stimulus Package Passed Through Congress Sent to President Bush

The Senate has finally approved the 2008 Economic Stimulus Package that was initiated by Nancy Pelosi. This is probably the fastest bill that has gone through both the House of Representatives and the Senate. Up to 40 million taxpayers will be eligible with this legislation and will add around $168 Billion to the […]

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