Obama Finds Roots Of Housing Crisis

The Obama administration launched a housing rescue plan a few days ago that’s designed to address the problems at the root of the recession. It includes providing incentives to financial institutions that extend loan workouts or refinance loans. Many experts working on the front lines of the foreclosure crisis are hopeful that it can make a difference.

The [...]

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Historical Interest Rate Cut

In a recent article Kelly Media Group president, Jason Cardiff, “The fact the mortgage lenders are willing to provide loan workouts to homeowners that do not qualify for traditional or FHA refinance loans is simply remarkable.”  Cardiff continued, “The rate cut by the Federal Reserve clearly signals a monumental step by the U.S. to restore trust in our financial [...]

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