The goals that were set by the Obama Administration to help homeowners use mortgage modification to avoid foreclosure have not been met. Congress offered an assessment of the program, and said that the Treasury Department did not clarify what the program’s objectives should be.
Elizabeth Warren, the chairwoman of the Congressional Oversight Panel, noted that the [...]
The American public has an average credit score that is falling lower and lower. This means that more Americans will have problems getting loans for cars and mortgages, or applying for new credit cards.
FICO Inc. has released statistics that reveal that one-fourth of the 170 million Americans with active credit have scores that are lower [...]
A conference will be held by the Obama Administration on Aug. 17 to discuss the future of Fannie Mae and Freddie Mac, the mortgage companies responsible for nearly half of all US mortgages. The administration has received harsh criticism for not developing a particular plan for these two companies, and will attempt to revolutionize the [...]
General Motors is set to release its electric car, the Volt, at the end of 2010. It has a purchase price around $33,500, after a $7,500 federal tax credit. However, the lease price is probably what will draw consumers in. For a 36-month lease, consumers can expect to pay about $350 a month, with $2,500 [...]
For those waiting for unemployment benefit checks to come through, the wait seems to be getting longer and longer. Depending upon the state of residence, a person eligible for unemployment may have to wait anywhere from a few days to a few weeks to begin seeing their checks arrive. For those people that receive their [...]
The three coastal counties of Mississippi are preparing for the arrival of Tropical Storm Bonnie and perhaps an abundance of oil that may be pushed towards their white sands beaches.
Mississippi governor Haley Barbour declared a state of emergency in the area early Friday. There is a growing fear that the pending storm surge may push [...]
Three Democrat congressman have introduced the Safe Cosmetic Act of 2010. The new legislation attacks laws that allow harmful chemicals to be used in products that are applied to the body.
Representatives Jan Schakowsky, D-Ill., Ed Markey, D-Mass., and Tammy Baldwin, D-Wisc co-authored the Bill that was introduced to Congress on Wednesday.
“Harmful chemicals have no place [...]
Lindsay Lohan surrendered to LA County authorities on Tuesday and will serve her 90 day sentence in isolation.
The troubled actress was ordered to incarceration after she failed to show up for mandatory rehabilitation classes following a 2007 arrest for driving under the influence and possession of cocaine.
Though Lohan’s sentence was for three months, it is [...]
Justin Bieber may not be a name that is known by many adults, but he is now one of the biggest pop stars in the world among tweenies and young teens. How big? Think Michael Jackson big.
The young hot throb with the messed up hair is making headlines this week as his video “Baby” has [...]
The Magic of Making Up offers unconventional ways to get back with the ex.
Breaking up is hard to do. That’s why author TW Jackson has taken his get back together skills online with his best selling guide titled “The Magic of Making Up“.
Jackson’s book is a compilation of stories and advice designed to help couples [...]
