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Paulson defends bailout strategy - Philadelphia InquirerWASHINGTON - Faced with exasperated lawmakers upset by shifts in the government's financial-bailout strategy, Treasury Secretary Henry M. Paulson Jr. launched a spirited defense yesterday of his handling of the $700 billion program. Testifying before ...
Mortgage rescue or rip off? - CNN MoneyNEW YORK (CNNMoney.com) -- If mortgage lending was the Wild West during the boom years, foreclosure-prevention counseling is the lucrative new frontier of the bust. Nearly 1.6 million borrowers are in jeopardy of losing their homes this year ...
Letter to the editor: American workers need protection - Shelby StarI am a psychotherapist living and working in Lawndale. My wife recently lost her job to one of the many Cleveland County plant closings that have affected the workers in our community. I hear the daily stresses of my clients who are concerned about ...
New Issue-Cleveland Electric sells $300 mln bonds - ReutersNov 13 (Reuters) - The Cleveland Electric Illuminating Company, a unit of Akron, Ohio-based FirstEnergy Corp (FE.N: Quote , Profile , Research , Stock Buzz ), on Thursday sold $300 million in 10-year first mortgage bonds, market sources said. Morgan ...
Tales from a House Hunt - Voiceof San DiegoMeet David Cleveland, a house-hunter trying to navigate the San Diego housing market. He recently moved from Denver and is trying to find a house to buy. He agreed to keep us posted on his search for a house here, as a window into the process in ...
Why Mortgage Rescue Plans Aren't Enough - ABC NewsLaura Davis started falling behind on her home loan payments about a year ago, so she turned to her mortgage company for help. Davis, 41, wanted to work out a plan that would allow her to continue paying off her mortgage so she and her two children ...
Money found in Ohio house’s walls no treasure - Bellefontaine ExaminerCLEVELAND — In the end, a contractor who found $182,000 in Depression-era currency hidden in bathroom walls got just a few thousand dollars and, he feels, some vindication. The discovery amounted to little more than grief for Bob Kitts, who couldn ...
Defeated in Ohio, payday lenders look for options - Cleveland Plain DealerCINCINNATI (AP) — The payday loan industry — stung at the Ohio ballot box with a strict new law — is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results ...
Regulators nix credit card debt forgiveness plan - NewsweekRecommended (6) Hirsh: Greenspan's To Blame for Wall Street Woes How Questionable Loans Created a Cleveland Slum Bankruptcy: Chapters 7s Are on the Rise Quinn: Subprime-Loan Katrinas What If You Can't Pay Your Mortgage Will Fed Cut Help Economy ...
October budget deficit hits record of $237.2B - Cleveland Plain DealerWASHINGTON (AP) — The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system. The Treasury Department said ...
Today's Mortgage Terms starting with R
Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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