Articles About Cash Infusion
- Author:
- Mike Ochs
- Posted:
- 02.18.2009
Homeowners Rush to Refinance While Interest Rates Are Low
What recession? A recent conversation with a friend revealed the unexpected nugget that at least one segment of the credit industry is alive and extremely well. The friend’s mortgage broker daughter is taking a leave of absence from law school to concentrate her energies on processing all the refinance applications coming her way – a […]
- Author:
- James I. Clark III
- Posted:
- 09.11.2008
Fannie, Freddie and the American Taxpayer
As the United States government commits a bare minimum of $100 billion of taxpayer money to bail out Fannie Mae and Freddie Mac, the final reckoning depends on how effectively Washington runs the mortgage powerhouses. According to the Christian Science Monitor, with the sheer magnitude of Fannie and Freddie – with $5 trillion in home […]