Emergency legislation has been passed to help homeowners out of sticky situations by offering government financing options on their home loans. Watch this video now to learn how these changes can help you secure better, cheaper and more reliable financing. Also, learn of the unique benefits only available in 2008.
Duration : 0:7:31
USA
Federal Reserve Bank
The Federal Reserve Act - passed by 3 (THREE) senators in a unanimous voice vote on 23 December 1913 - while everyone else was home for the holidays.
Some people think of the Federal Reserve Banks as United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.
The Fed has followed a consistent policy of flooding the economy with easy money, leading to a missalocation of resources and an artificial “boom” followed by a recession or depression when the Fed-created bubble bursts.
From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble, to the housing market crisis, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy.
Duration : 0:9:55
Analyst Plan to Fix Both Fannie and Freddie Would Effectively Wipe Out Equity and Preferred Shareholders, Sending Shares of Both Down; Meredith Whitney of Oppenheimer Downgrades Wachovia to “Underperform”; Washington Mutual Rises 3% in Premarket Trading;
Duration : 0:1:12
http://investing.meetup.com/21 - New York Investing meetup organizer Daryl Montgomery discusses the U.S. government bailout of Fannie Mae and Freddie Mac. The New York Investing meetup is a group of 1800 independent traders and investors that provides investment education and analysis to the public. We also have an associated blog, “The Helicopter Economics Investing Guide” at: http://nyinvestingmeetup.blogspot.com
Duration : 0:5:17
Analysis by Rep. Barney Frank, (D) Financial Services Committee Chairman; Bernanke, Paulson, Cox to testify to Senate Banking Committee tommorrow; US Treasury Department releases plan to shore up Fannie Mae and Freddie Mac; Paulson puts Treasury behind Fa
Duration : 0:9:42
More than 350 members of ACORN (Association of Community Organizations for Reform Now) stage stop foreclosure rally at West Lawn of U.S. Capitol on March 11, calling on the Senate to pass the Foreclosure Prevention Act of 2008.
Duration : 0:7:46
Lawmakers say Fannie Mae & Freddie Mac unlikely to go under, too large to fail; Analysis by Senator John McCain, (R) Presidential Candidate; Reactions and analysis by Brian Gardner of Keefe Bruyette & Woods; Reaction and analysis by Jaret Seiberg of Stan
Duration : 0:6:42
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Duration : 0:4:0
Housing Bill: $300 in FHA loans; New GSE regulator; FNM/FRE Backstop; House Bill includes rescue plan for Fannie Mae, Freddie Mac; Dodd: Bill is ‘most important piece of Housing Legislation in a generation’; Reaction, insight and analysis by Richard Britn
Duration : 0:6:23
Lawmakers say Fannie Mae & Freddie Mac unlikely to go under, too large to fail; Analysis by Senator John McCain, (R) Presidential Candidate; Together, FNM and FRE own or guarantee about half of $12 trillion US home loans; Treasury’s Paulson says capital i
Duration : 0:6:12
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