http://banks.com/blogs/fed Read up-to-date news about the Federal Reserve and the latest in the U.S. Economy and interest rates on Banks.com's Federal Reserve & Interest Rate Blog. Sat, 17 May 2008 19:21:11 +0000 http://wordpress.org/?v=2.2 http://banks.com/blogs/fed/2008/03/30/the-irs-lists-top-dozen-tax-scams-for-2008/#comment-31 IRS News » Blog Archive » The IRS Lists Top Dozen Tax Scams for 2008 Sun, 30 Mar 2008 16:03:14 +0000 http://banks.com/blogs/fed/2008/03/30/the-irs-lists-top-dozen-tax-scams-for-2008/#comment-31 [...] Read the rest of this great post here [...] […] Read the rest of this great post here […]

]]> http://banks.com/blogs/fed/2008/03/28/paulson-recommends-changes-for-the-fed/#comment-30 Credit Crunch » Paulson Recommends Changes for the Fed Fri, 28 Mar 2008 14:05:20 +0000 http://banks.com/blogs/fed/2008/03/28/paulson-recommends-changes-for-the-fed/#comment-30 [...] [Technorati] Tag results for credit wrote an interesting post today onHere’s a quick excerptPaulson Recommends Changes for the Fed By Chesley Maldonado | March 28th, 2008 United States Treasury Secretary Henry M. Paulson made a statement on Federal Reserve regulations on Wednesday, March 26, 2008 at the US Chamber of Congress. He expressed the need to slightly reform the lending practices of the Federal Reserve, urging more transparency and more informed lending decisions. Secretary Paulson discussed the discount window operations of the Federal Reserve. The discount window offers a [...] […] [Technorati] Tag results for credit wrote an interesting post today onHere’s a quick excerptPaulson Recommends Changes for the Fed By Chesley Maldonado | March 28th, 2008 United States Treasury Secretary Henry M. Paulson made a statement on Federal Reserve regulations on Wednesday, March 26, 2008 at the US Chamber of Congress. He expressed the need to slightly reform the lending practices of the Federal Reserve, urging more transparency and more informed lending decisions. Secretary Paulson discussed the discount window operations of the Federal Reserve. The discount window offers a […]

]]> http://banks.com/blogs/fed/2007/10/01/could-the-falling-dollar-be-a-good-thing/#comment-28 Why the Weak Dollar is a Good Thing | Mind of Genius Fri, 29 Feb 2008 01:02:48 +0000 http://banks.com/blogs/fed/2007/10/01/could-the-falling-dollar-be-a-good-thing/#comment-28 [...] Banks.com [...] […] Banks.com […]

]]> http://banks.com/blogs/fed/2008/02/12/project-life-line-a-plan-to-help-delinquent-borrowers/#comment-27 Marian Thu, 21 Feb 2008 19:48:07 +0000 http://banks.com/blogs/fed/2008/02/12/project-life-line-a-plan-to-help-delinquent-borrowers/#comment-27 If this life line support works it is a great thing, due to people losing their homes. Even the retirees are going into Foreclosure, this is not the American Way. The Govenment can help, we help all other people in other countries, Why not our own? If this life line support works it is a great thing, due to people losing their homes. Even the retirees are going into Foreclosure, this is not the American Way. The Govenment can help, we help all other people in other countries, Why not our own?

]]> http://banks.com/blogs/fed/2008/02/12/project-life-line-a-plan-to-help-delinquent-borrowers/#comment-26 Marian Thu, 21 Feb 2008 19:45:25 +0000 http://banks.com/blogs/fed/2008/02/12/project-life-line-a-plan-to-help-delinquent-borrowers/#comment-26 <p> I need HELP!. My husband died and I have 2 mortgages. BOA is my first and Greentree is 2nd. Yes, I understand they want interest for doing loan but I have one income now. If they would put two back at a 30 year fixed my payments would be about what they are now with Escrows with BOA. Please help me otherwise I have to leave my home. For 10 years we have paid great until my husband died and now I have one income with 2 mortgages. I don't make enough to hold on anymore. I've used my retirement and all I have trying to stay since my husband died May, 2006. Why want someone help me. I have tried everywhere. I have made this a beautiful place and it will sell for $135,000 + on the market. It is a doublewide with 2.5 acres, but has been upgaded like a house. Has a fixed foundation and is built out of 2x4's instead of 2x3's. This is my home. Now if I can not get help I will have to rent for $800 a month and that just overwhelms me. You would think with 10 years paid someone would help me. Now, my mother is sick. She had a heart attack again and they found the same kind of Cancer my husband had. With losing my husband and now not long with my mother, and about to have to move I am beside myself. YOU know I'll lose 10 years to refinance into a fixed 30 year again, but that's ok it beats losing my home. Please understand I want to stay where I am. I have put a lot into the landscaping and planted trees, shrubs, etc. It is beautiful and if you saw it you would try to help me to stay. I just can't deal with the two mortgages adding up to approximately $1400 dollars. That is all I have to live on. I have to have gas to get to work, a little grocery, utilities. I don't owe anything else but a small medial bill. We did file Chapt. 7 when my husband got Cancer but was Discharged about 4 years ago. I am just trying to make a living and survive. Please help me. Why can't BOA and Greentree get together and resolve my problem. Please help me. I have tried so hard to refinance and everyone turns me down. It just is not right. I can afford to keep my place if I can just get payments where I can afford otherwise I will have to walk away. I need HELP!. My husband died and I have 2 mortgages. BOA is my first and Greentree is 2nd. Yes, I understand they want interest for doing loan but I have one income now. If they would put two back at a 30 year fixed my payments would be about what they are now with Escrows with BOA. Please help me otherwise I have to leave my home. For 10 years we have paid great until my husband died and now I have one income with 2 mortgages. I don’t make enough to hold on anymore. I’ve used my retirement and all I have trying to stay since my husband died May, 2006. Why want someone help me. I have tried everywhere. I have made this a beautiful place and it will sell for $135,000 + on the market. It is a doublewide with 2.5 acres, but has been upgaded like a house. Has a fixed foundation and is built out of 2×4’s instead of 2×3’s. This is my home. Now if I can not get help I will have to rent for $800 a month and that just overwhelms me. You would think with 10 years paid someone would help me. Now, my mother is sick. She had a heart attack again and they found the same kind of Cancer my husband had. With losing my husband and now not long with my mother, and about to have to move I am beside myself. YOU know I’ll lose 10 years to refinance into a fixed 30 year again, but that’s ok it beats losing my home. Please understand I want to stay where I am. I have put a lot into the landscaping and planted trees, shrubs, etc. It is beautiful and if you saw it you would try to help me to stay. I just can’t deal with the two mortgages adding up to approximately $1400 dollars. That is all I have to live on. I have to have gas to get to work, a little grocery, utilities. I don’t owe anything else but a small medial bill. We did file Chapt. 7 when my husband got Cancer but was Discharged about 4 years ago. I am just trying to make a living and survive. Please help me. Why can’t BOA and Greentree get together and resolve my problem. Please help me. I have tried so hard to refinance and everyone turns me down. It just is not right. I can afford to keep my place if I can just get payments where I can afford otherwise I will have to walk away.

]]> http://banks.com/blogs/fed/2008/02/18/euro-falls-against-the-dollar-hitting-a-two-week-low/#comment-25 Euro Falls Against The Dollar Hitting a Two Week Low Mon, 18 Feb 2008 16:04:17 +0000 http://banks.com/blogs/fed/2008/02/18/euro-falls-against-the-dollar-hitting-a-two-week-low/#comment-25 [...] All Finance - Dictionary Of Financial Terms | Financial portal wrote an interesting post today onHere’s a quick excerptEuro Falls Against The Dollar Hitting a Two Week Low By Chesley Maldonado | February 18th, 2008 The European Central Bank policy maker Christian Noyer commented that the economic growth seems to be weaker than anticipated, after the euro declined against 11 major currencies.  Interest rate cuts by the ECB are becoming a possibility. The euro has reached the lowest mark in two weeks, dropping 0.3% against the dollar making it now $1.4638.  The euro fell against the yen as well.  The yen traded [...] […] All Finance - Dictionary Of Financial Terms | Financial portal wrote an interesting post today onHere’s a quick excerptEuro Falls Against The Dollar Hitting a Two Week Low By Chesley Maldonado | February 18th, 2008 The European Central Bank policy maker Christian Noyer commented that the economic growth seems to be weaker than anticipated, after the euro declined against 11 major currencies.  Interest rate cuts by the ECB are becoming a possibility. The euro has reached the lowest mark in two weeks, dropping 0.3% against the dollar making it now $1.4638.  The euro fell against the yen as well.  The yen traded […]

]]> http://banks.com/blogs/fed/2008/02/02/labor-department-reports-significant-loss-of-jobs/#comment-24 Federal Reserve » Blog Archive » Labor Department Reports Significant Loss of Jobs Sun, 03 Feb 2008 01:59:28 +0000 http://banks.com/blogs/fed/2008/02/02/labor-department-reports-significant-loss-of-jobs/#comment-24 [...] Labor Department Reports Significant Loss of JobsThe United States Department of Labor reported the latest unemployment statistics yesterday, and looking good. The non-farm payroll employment rate is at 4.9%. While there was some job growth in healthcare, things are not there were … [...] […] Labor Department Reports Significant Loss of JobsThe United States Department of Labor reported the latest unemployment statistics yesterday, and looking good. The non-farm payroll employment rate is at 4.9%. While there was some job growth in healthcare, things are not there were … […]

]]> http://banks.com/blogs/fed/2007/12/08/employment-data-better-than-expected-but-will-we-see-rate-cuts-next-week/#comment-23 Economics Topics News » Blog Archive » Employment data better than expected, but will we see rate cuts … Sat, 08 Dec 2007 06:31:30 +0000 http://banks.com/blogs/fed/2007/12/08/employment-data-better-than-expected-but-will-we-see-rate-cuts-next-week/#comment-23 [...] Employment data better than expected, but will we see rate cuts …By Chesley MaldonadoThe November employment data is in. Overall, the information is positive, which dampens hopes for rate cuts on Tuesday at the next Federal Open Market Committee. According to the Labor Department payroll report there were 94000 jobs …The Economy and Federal Reserve… - http://banks.com/blogs/fed [...] […] Employment data better than expected, but will we see rate cuts …By Chesley MaldonadoThe November employment data is in. Overall, the information is positive, which dampens hopes for rate cuts on Tuesday at the next Federal Open Market Committee. According to the Labor Department payroll report there were 94000 jobs …The Economy and Federal Reserve… - http://banks.com/blogs/fed […]

]]> http://banks.com/blogs/fed/2007/11/04/the-fed-cuts-interest-rates-yet-again/#comment-22 The Fed cuts interest rates yet again Mon, 05 Nov 2007 00:37:05 +0000 http://banks.com/blogs/fed/2007/11/04/the-fed-cuts-interest-rates-yet-again/#comment-22 [...] The Condo Association wrote an interesting post today onHere’s a quick excerptThe Fed cuts interest rates yet again By Chesley Maldonado | November 4th, 2007 At the latest Federal Open Market Committee meeting, last Wednesday, there was another rate cut.  The target for the federal funds rate was reduced by 25 basis points to 4 ½ percent. This action is supposed to “forestall some of the adverse effects on the broader [...] […] The Condo Association wrote an interesting post today onHere’s a quick excerptThe Fed cuts interest rates yet again By Chesley Maldonado | November 4th, 2007 At the latest Federal Open Market Committee meeting, last Wednesday, there was another rate cut.  The target for the federal funds rate was reduced by 25 basis points to 4 ½ percent. This action is supposed to “forestall some of the adverse effects on the broader […]

]]> http://banks.com/blogs/fed/2007/10/17/chairman-bernanke-on-financial-turmoil/#comment-16 banks » Chairman Bernanke on Financial Turmoil Thu, 18 Oct 2007 07:14:18 +0000 http://banks.com/blogs/fed/2007/10/17/chairman-bernanke-on-financial-turmoil/#comment-16 [...] Read the rest of this great post here [...] […] Read the rest of this great post here […]

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