ABC News reports:
The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France.
The decision came 24 hours after the banking giant, which was rescued by a $45 billion taxpayer lifeline, defended buying the state-of-the-art Dassault Falcon 7X [...]
LA Times has an article about the FTC starting to crack down on what are referred to as “foreclosure fix-it” scams. They include a list of common warning signs, which follows:
* Guarantees to stop your foreclosure, irrespective of how much you owe or how much income you have to resolve your unpaid bills.
Most major lenders [...]
AJC reports:
Until this year, Habitat for Humanity followed a predictable pattern for getting deserving families into homes: collect donations, purchase land, then build a house from scratch using volunteer labor.
In 2009, with record numbers of foreclosed properties sitting empty and the federal government preparing to hand out millions to fix up vacated houses, several metro [...]
Market Watch reports:
HOPE NOW, the private sector alliance of mortgage servicers, counselors, and investors that has been working aggressively to prevent foreclosures, today announced that nearly 2.3 million homeowners have avoided foreclosure and have been able to stay in their homes due to the continuing efforts of HOPE NOW and the broader mortgage industry.
Further in [...]
