Browse: Home / crisis

crisis

The National Foreclosure Crisis

By admin on January 16, 2011

It is no secret that we are facing a national foreclosure crisis in the United States. Many homeowners are struggling to make their mortgage payments and are worried how they are going to make it through the holiday season. As a result numerous states are considering a temporary moratorium on all foreclosures through January 2009. [...]

Posted in | Tagged , , , | Leave a response

National Bank: How to Fix the Housing Crisis for Less than 700 Billion

By admin on September 17, 2010

Recently the news has been dominated by developments with the 700 billion dollar bailout package, and rightfully so. 700 billion is an astronomical sum of money. The first problem is that the 700 billion dollar bailout adds a huge amount of money to the national debt. Not only that, some have hinted that the bailout [...]

Posted in | Tagged , , , , , , , , , , , , | Leave a response

Loan Modification: The Silver Lining to the Economic Crisis

By admin on August 15, 2010

I have to admit that even I’ll concede that there aren’t many things that are good about the financial crisis that were in right now. However, and this is a big however, what I see as the silver lining to all of this nonsense is that it’s taken the bank’s ego down a peg. Remember [...]

Posted in | Tagged , , , , , , , | Leave a response

Credit Crisis Accelerates Job Losses, Consumers Need Help

By admin on May 24, 2010

The US Labor Department Jobs Report came our for December showing a sobering loss of yet another 524,000 jobs, which totals 1.9 Million in the year’s final four months since the credit crisis began in September. 2008 will truly be remembered for a number of things, but as it relates to jobs, the news is [...]

Posted in | Tagged , , , , , , , | Leave a response