The National Association of Home Builders recently approached the Congress to see to it that the housing sector once more took a leading role in bringing back drive to the economy. It wanted speedy action to stretch and increase the limits of $8,000 being offered as tax credit to first time nest builders. The association [...]
The foreclosure situation has radically changed the financial thinking of baby boomers. The financial advisers who are in charge of $10 trillion as assets will change their priorities as regards investments when they reach retirement point. This was view of a senior official at BlackRock Inc.
They will move on from accumulation (squeezing the most out [...]
The current foreclosure crisis has exposed the vulnerability of a nation that is not properly educated. Meanwhile compared to other developed nations American numbers of higher educated persons have fallen back.
The current crisis expedited the trend of falling back. The social security net is in tatters and this is causing many more students in comparison [...]
The impoverished foreclosure victims are sans proper legal help. More than 300,000 residential houses are being served with a foreclosure notice per month. The situation has become all the more crushing because of the lack of proper legal help for the hapless foreclosure victims.
As per the findings of a new survey conducted by Brennan Center [...]
Legal firms under the lead of United Law Group joined hands in firm handshakes with 30 other prominent legal companies to from Crisis Commission on Homeowner Representation.
United Law Group is one of the leading law firms with branches across the country – Arizona, California, Florida, Nevada, New York and Ohio. It has licensed [...]
The strong message that the foreclosure crisis has called for a revolutionary change in prosperity has been highlighted in a report released by two Nobel Prize winning economists Joseph E. Stiglitz and Amartya Sen. By using the GDP as an yardstick the policies undertaken by governments have been erroneous causing the worst crisis since the [...]
The calendar year 2009 was a record one in many ways. Not the least of these is the fact that 89 banks actually closed, were forced to close or merged and were absorbed by another entity. These banks used poor judgement and the money that they wasted caused a huge dent in the economy [...]
The foreclosure crisis is causing a change of attitude towards dreams and its interpretations. Decades old indifference to dreams, that has always been given great importance in all ancient cultures, is being discarded. Serious attempts are being made to rent the veil of ignorance behind dreams. There are more cases of people suffering from nightmares [...]
