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Fannie Mae, Freddie Mac to suspend US home foreclosures (AFP)

The Freddie Mac headquarters in McLean, Virginia. The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes.(AFP/File/Paul J. Richards)AFP - The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes.



 
Lawmakers, Treasury lock horns on foreclosures (Reuters)

Treasury Secretary Henry Paulson (L) and Federal Reserve Chairman Ben Bernanke testify at the House Financial Services Committee hearing on 'Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability' on Capitol Hill, November 18, 2008. (Kevin Lamarque/Reuters)Reuters - Treasury Secretary Henry Paulson and members of Congress clashed on Tuesday over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage foreclosures.



 
Lawmakers press Paulson on bailout plan changes (AP)

Treasury Secretary Henry Paulson, left, and Federal Reserve Chairman Ben Bernanke arrive on Capitol Hill in Washington, Tuesday, Nov. 18, 2008, to testify before the House Financial Services Committee.  (AP Photo/Evan Vucci)AP - Faced with exasperated lawmakers upset by shifts in bailout strategy, Treasury Secretary Henry Paulson launched a spirited defense Tuesday of his handling of the $700 billion program and expressed fresh reservations about tapping the pool for mortgage guarantees to relieve skyrocketing home foreclosures.



 
Kashkari: Consumer credit help promising step (Reuters)
Reuters - Actions to support consumer lending could be a productive next step to help repair financial markets, Treasury Department financial rescue package administrator Neel Kashkari said on Wednesday.
 
Mortgage application volume falls 6.2 pct (AP)

The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington in this September 8, 2008 file photo. (Jason Reed/Reuters)AP - Mortgage application volume fell 6.2 percent during the week ended Nov. 14, according to the Mortgage Bankers Association's weekly application survey.



 

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Student Credit Cards - A Wise Move?
Teaching our children life lessons of the financial world should be a high priority. Personal finance lessons taught with the proper use of a credit card can be invaluable.
 
Eliminate Credit Card Debt Easily & Successfully
Get your credit card debt paid off before it takes over your financial health. The first step is to be true and honest with yourself about your debt and how much you have. If you are purchasing more than what you are making, then you need to stop.
 
Patience
I was just thinking today about how the good things in life develop slowly over time, but the bad happens near instantly. It takes decades to build your career, but only a couple minutes to get...

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Free Annual Credit Report - Helps to Understand Your Financial Position
Free annual credit report is the perfect way to keep a track on your financial standing. Moreover, it helps you to understand your financial condition and suggest ways to improve it.
 
Whose Money?
Why should Wall St get paid twice on a bad loan? Why not let the local government take these homes and let the local artisans re-hab them? Everyone wins when Wall St doesn't get paid twice.
 
How to Use a Prepaid Credit Card to Improve Your Credit
Are you looking for a way to improve your credit without having to pay off some larger debts that you cannot afford yet? Do you want to make your credit better without much hassle? There are a few ways to improve your credit without much trouble and one of them is to Use a Prepaid Credit Card to Improve your Credit. Here is how to do this.
 

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