The Failure of the Bailout

The Bailout That's Failing The federal rescue may have saved the banking sector, but it hasn't fixed the housing market. Last October, the Federal Reserve, the Treasury Department, the Federal Deposit Insurance Corp., and Congress deployed every weapon in their arsenal, and invented some new ones, to stanch the financial panic: loans, subsidies, direct bailouts, free money, the TARP. In so doing, they exposed taxpayers to massive immediate and potential liabilities. [more...]

Date: 2009-09-28 05:41:00

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Speeding through your mortgage

By Julie Rains Now that many of you have crunched the numbers for accelerating your mortgage payoff, ... for the direct deposit of your paycheck. You record all of your transactions in the MMA software ... off their mortgage loan in 10.417 years. However [more...]

Date: 2008-12-27 15:51:28

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