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Unparalleled Economic News
As you may know, we are living in extraordinary times. Banks are going out of business
everyday, the government is bailing out companies, and we are facing a strong global
recession. There are late breaking news events each and every day that affect your personal
finances. The purpose of this section is to highlight some of the top money news stories
and how they impact you, in an easy to digest format. There are plenty of websites that
publish the most current news stories and that is not the intent here. Rather, our goal is
to save you time by consolidating the very top stories to their most core elements.
Foreclosures In The News
As you may know, a record number of Americans are facing foreclosure. There are a
variety of programs out there to help homeowners in distress.
Hope Now is a group of lenders, investors, financial counselors, and government
agencies who are working together to help homeowners avoid foreclosure. The purpose
of this article is to provide a high level introduction to The Hope Now Alliance and its
mission.
You hear about it every single day on the news. Now, learn what it is and the root
causes behind the sub-prime mortgage crisis.
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Government Financial Initiatives
During this unparalleled economic period, the government has stepped in to help.
The Bush Bailout Bill has gotten a lot of press. This $700 billion dollar bill is
intended to aid failing banks and keep our economy afloat.
Learn all about the recent 2009 changes to the FHA Mortgage Loan program.
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Barack Obama's Stance On Money Issues
We have a new President Elect. What are his stances on personal finance and money issues
that affect you?
Right before the end of his term, Bush passed his $700 billion dollar bailout bill. What
is Barack Obama's opinion on this bill and what should we expect going forward?
It's a difficult time for most Americans right now. Saving money is becoming more difficult
during this time of high unemployment. What are President Elect Obama's plans to improve the
economy?
Learn all about Barack Obama's Homeowner Stability Plan and how it might affect you.
Resources: Barack Obama's Official Website,
Government News
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