Archive for the 'Finance' Category

Fannie Mae To Allow Renters To Stay

Tuesday, December 16th, 2008

Fannie Mae, the large mortgage backing entity recently bailed out by the government, has made a smart financial move.  They announced that they will be allowing the tenants living in foreclosed properties owned by fiscally irresponsible landlords to remain in place, as long as their rent remains current.  Freddie Mac has not yet announced a [...]

Halloween Is Going To Suck This Year!

Monday, October 6th, 2008

This was forwarded to me by my boss, so I don’t know who to credit.

The $700 Billion Bailout

Saturday, October 4th, 2008

This is a topic that I’ve been struggling to try and write about, because it is simply over my head.  Actually, it’s probably over many people’s heads.  However, I FINALLY found an article over at Blueprint for Financial Prosperity that will help explain everything.  You can take a look at that article [here].  In addition, [...]

FDIC Seeks To Raise Deposit Insurance Limits

Tuesday, September 30th, 2008

The FDIC (Federal Deposit Insurance Corporation), the organization that protects the money in your bank accounts, is currently seeking to raise the limit on the amount of money that will be protected in the event of a bank failure from $100,000.  Shelia Blair, Chairman of the FDIC, did not specify an amount she would like [...]