A Common-Sense Plan to Stabilize the Markets, Stop The Death Spiral of Decreasing Property Values, Halt Foreclosures and Keep Americans In Their Homes
Download a PDF of the Plan!
President Bush signed into law the hotly-debated financial bailout plan on October 3, 2008. In doing so, the real problem was not solved. We need to keep homeowners [...]
Filed in The Solution To The Housing Crisis
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Also tagged 30 Year Fixed Mortgage, activism, adjustable rate mortgages, bailout, banking, Credit Crunch, declining markets, Economic Plan, economics, economy, Financial Bailout, Financial Crisis, Financial Rescue, foreclosure, foreclosures, government bailout, home ownership, home values, Housing Crisis, Housing Market, interest-only loans, Mortgage, mortgage prepayment penalty, negative amortization, OARM, Option Arm, property values, Rock Holdings, sub-prime loans, sub-prime mortgages, TARP, Troubled Asset Relief Program
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Tuesday, October 14, 2008
Gilbert Outlines His Housing Rescue Plan for Fox’s Neil Cavuto
Last night, Dan Gilbert was interviewed by Neil Cavuto on Fox Business News’ highly popular “Your World” business news show.
During the interview, Dan Gilbert outlined the root problem that still persists at the center of the current financial crisis: The death spiral of mounting foreclosures, rapidly falling property values and [...]
Filed in Interviews
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Also tagged Bank Bailout, dan gilbert, Dan Gilbert Housing Plan, Dan Gilbert Rescue Plan, Financial Bailout, Financial Crisis, foreclosures, Fox Business News, Housing Crisis, Neil Cavuto, Option ARMS, property values, sub-prime loans, TARP, Trouble Asset Recovery Program
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Thursday, October 9, 2008
White House considering taking over some banks, says AP, anonymous source.
The big news this morning is a rumor that the White House is considering taking over ownership of certain banks — the latest move in the government’s “Whack-a-Mole” approach to dealing with the current financial market crisis.
According to the Associated Press:
An administration official, who spoke on [...]
Filed in Economic News
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Also tagged A Solution That Works, Associated Press, bad debt, Bank Bailout, Financial Bailout, Financial Crisis, foreclosures, Henry Paulson, Housing Market, John McCain, US Treasury Department
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Saturday, October 4, 2008
Will the Government Bailout Plan Work? Financial Markets Are Still Nervous, Should We Be?
Interesting article from Yahoo and the Associated Press around the challenges still ahead, in spite of the $700 billion dollar banking bailout plan signed into law by the President today:
Bailout signed, now it’s wait and see its effects
From the article:
The immediate response to [...]
Filed in Economic News
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Also tagged bailout plan, banking, Congress, Credit Crunch, Economic Plan, Financial Bailout, Financial Crisis, Financial Rescue, Fixing The Mortgage Mess: Interview with CNBC, foreclosure, foreclosure rates, foreclosures, government bailout, home values, Housing Crisis, Housing Market, lending, Mortgage, Senate, stock market
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Saturday, October 4, 2008
A Common-Sense Plan to Stabilize the Markets, Stop The Death Spiral of Decreasing Property Values, Halt Foreclosures and Keep Americans In Their Homes
Download a PDF of the Plan!
President Bush signed into law on October 3, 2008 the hotly-debated financial bailout plan, but in doing so, didn’t solve the real problem. We need to keep homeowners [...]
Filed in Uncategorized
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Also tagged 30 Year Fixed Mortgage, activism, adjustable rate mortgages, bailout, bailout plan, banking, common sense, credit, Credit Crunch, declining markets, Economic Plan, economics, economy, EQUITY, Fannie, FHA, Financial Bailout, Financial Crisis, Financial Rescue, foreclosure, foreclosures, Freddie, government bailout, home ownership, home values, Housing Crisis, Housing Market, incentive, interest-only loans, lending, money, monthly mortgage payments, Mortgage, mortgage prepayment penalty, negative amortization, OARM, Option Arm, property values, ripple effect, Rock Holdings, sub-prime loans, sub-prime mortgages, subprime, TARP, Troubled Asset Relief Program
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America is faced with the biggest housing crisis, and due to the ripple effect, potentially, the biggest overall “financial crisis” in the nation’s history. Giant government bailouts can certainly alleviate the jitters on Wall Street and inject stability into banks and financial markets, but that alone won’t be enough.
The real issue we are dealing with is home [...]
Filed in Uncategorized
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Also tagged activism, bailout, banking, Cleveland Cavaliers, Congress, dan gilbert, declining markets, economics, government bailout, property values, Quicken Loans, Rockbridge Growth Equities, Senate, stock market
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