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Savings and Spending

Forget responsible people?
Monday, I wrote a post suggesting that it would be better public policy if lenders would forgive mortgage debt more readily (and systematically) when modifying loans.


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Bailout Watch

$333.440234 billion announced for 523 institutions
As of our last update on Mar 25, 2009 11:11:22 AM, there was $333.440234 billion announced for 523 institutions. Visit ProPublica.org for the entire list.


New construction projects have come to a virtual standstill. That means reduced tax revenue for local governments and fewer construction jobs, said Jeffrey DeBoer, chief executive of the Real Estate Roundtable, an industry group.Owners of shopping malls, hotels and offices are defaulting on loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years.





GovLoans.gov (www.GovLoans.gov) is your first stop for Federal loan information and is specifically designed to help you determine which loans may be right for you.
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