This week the Federal Reserve bought $30.1 billion dollars net worth of mortgage bonds from Fannie Mae, Freddie Mac and Ginnie Mae. The Federal Reserve is trying to create a program that aims to lower home-loan rates using for the first time resources other than purchases. The Fed is planning to
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03/08/2009
.hmmessage P { margin:0px=3B padding:0px } body.hmmessage { font-size: 10pt=3B font-family:Verdana } <= A href=3D"http://1unv.com/c08v7kY">=20 Windows L= ive=99 Groups: Create an online spot for your favorite groups to meet. Check it out. =
03/08/2009
The US Coast Guard Aux Flotilla 15-08 would like to invite the public to come out and experience the Fly & Float Show at the Fullerton Municipal Airport. Kick-off is Saturday, May 9th at 9:00 with an opening ceremony with California Assemblyman and "boating advocate" Mike Duvall. The event is to
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03/08/2009
The Associated press reported: Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months as part of a new program to help the unemployed. The struggling bank makes the move as President Barack Obama looks to lenders to ad
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03/04/2009
The number of delinquent loans in Orange County reached 5.3 percent at the end of 2008 surpassing the nationwide rate for the third quarter in a row. Currently all three rates increased for loans that are delinquent 60 or more days. Orange County has seen the rate increase every quarter since J
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03/04/2009
Central Orange County is getting hit the hardest with the amount of foreclosures. Four ZIP codes in Santa Ana had the highest concentration of foreclosures in the county for the second quarter. The ratio of foreclosures to the total number of houses and condos doubled in some of the ZIP codes
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03/01/2009
It is reported that President Barack Obama’s first budget request would give as much as $750 billion back to the financial industry. The anonymous source reported that : The official, speaking on condition of anonymity, said the WhiteHouse hasn’t decided whether the $750 billion in a
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03/01/2009
