06 Jan 09 Fix Housing First Proposal, What is it and Will it Work?

The housing problem is probably the one problem that has not had the attention and resources thrown at it that it deserves. It’s the root of most of our economic problems and if we can stabilize home prices, the plan may prove to work as an immediate catalyst for jump starting our economy.

    

Tags: $700 billion bailout, 1975 economy, Fix Housing First, foreclosures, Government bailout, housing news, real estate news

09 Oct 08 Hope for Homeowners Act of 2008 – What’s At Stake?

Last week the Senate, Congress and President Bush approved an estimated $700 billion bailout rescue plan meant to stabilize our financial markets and stimulate lending between banks, and to businesses. From what I understand, the plan would allow the government you and me to purchase risky assets (loans) from banks. This would give banks more [...]

    

Tags: $700 billion bailout, financial news, global credit crisis, Hope for Homeowner's Act of 2008, news, real estate news