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SEC May Curb Credit-Rating Conflicts, Delay New Mortgage Grades - BloombergDec. 2 (Bloomberg) -- The U.S. Securities and Exchange Commission may act to curb conflicts of interest at credit-rating companies while delaying a mortgage-bond ranking proposal faulted by underwriters, two people familiar with the matter said. SEC ...
FAITH MATTERS: Be thankful - God is still in control - Shelby StarThe economy may be bad and the unemployment rate high, but God can still provide for all of our needs. The uncertainties of the stock market, the economy, the job market and in our nation and world don't have to stress you and get you down. God is ...
Big 3 to U.S.: Help! - Chicago Sun-TimesGeneral Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. Mindful of criticism from ...
Birmingham Mayor Larry Langford arrested on federal charges - Everything Alabama BlogJoe Songer/Birmingham News Birmingham Mayor Larry Langford. Birmingham Mayor Larry Langford was arrested this morning on federal charges and is being held at the federal courthouse, the FBI and other federal officials confirm. See documents and past ...
GM and Ford ready weak pitches for taxpayer bucks - Bloggingstocks.comFiled under: Ford Motor (F) , General Motors (GM) , Toyota Motor Corp. (TM) General Motors Corp. (NYSE: GM ) and Ford (NYSE: F ) are going in front of Congress today to ask for $25 billion worth of taxpayer money. (It seems they won't be flying in ...
Onus is on Congress to treat U.S. automakers fairly - VindicatorTwo weeks ago, Congress chastised the CEOs of the three U.S. auto companies for coming to Washington in their private jets to ask for government loans to see them through today’s lean times. No doubt, the heads of General Motors Corp., Ford Motor ...
Obama's Stimulus Package: How Big? Schumer Floats $500-700B - ABC News BlogsPresident-elect Barack Obama is pushing Congress for a robust economic stimulus package he can sign into law in January. But the question is: how big? In an interview on "This Week," Joint Economic Committee chair Sen. Charles Schumer, D-NY., told ...
GM, Ford, Chrysler CEO jobs may hinge on bailout plan - Arlington Heights Daily HeraldGeneral Motors Corp. Chief Executive Officer Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler LLC will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S. House Speaker Nancy ...
Citigroup Rescue Charts New Course for Bank Bailouts (Update1) - BloombergNov. 25 (Bloomberg) -- The U.S. government’s emergency rescue of Citigroup Inc. offers a new model for bank bailouts: explicitly insuring against losses on toxic assets, with taxpayers footing the bill. The Citigroup plan extends the federal ...
Berkeley economist to head Obama economic council - Politico.comPresident-elect Obama plans to name Christina Romer, an expert on tax cuts and recessions who is an economics professor at the University of California at Berkeley, to chair his Council of Economic Advisers, aides said. This should come in handy ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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