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Posted: Tue Aug 21, 2007 5:30 am
by Jim O'Bryan
Shawn
You over read the comments I believe.
Not separate us, as that is impossible. We are all here. But not to tie ourselves to them, aka Regionalism.
As you point out, Lakewood is one of three mentioned. That means 54 were not mentioned, and that also means we go down in everything. It means we help the others to where we are.
The comparison I was hoping to underline and for others to see in quality of life issues, we are right there with the best. In colleges, shopping, jobs, etc. We are but 30 minutes away at best.
It would seem to underline, that we are in a very special and very nice place. No city has everything, so why not take the quality of life, and the short drive.
FWIW
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Posted: Fri Aug 31, 2007 10:25 am
by Stephen Eisel
Clicky here to read the entire article
WASHINGTON (AP) - Offering federal aid for strapped mortgage holders, President Bush is proposing to help hundreds of thousands of borrowers hard hit by the housing slump.
The president on Friday was to talk about several initiatives and reforms to help homeowners with risky mortgages keep their homes, a senior administration official said Thursday. Bush also was to discuss efforts to prevent these kinds of problems from arising in the future.
The official said Bush will direct Treasury Secretary Henry Paulson and Housing Secretary Alphonso Jackson to work on an initiative to help troubled mortgage holders get services and products they need to keep from defaulting on their loans. The official spoke on condition of anonymity to discuss details of the initiatives ahead of the presidential event.
Urge Congress to pass legislation that would give the Federal Housing Administration more flexibility in assisting mortgage holders with subprime mortgages.
- Pledge to work with Congress to reform the tax code to help troubled borrowers rework their loans.
- Call for rigorously enforcing predatory lending laws and strengthening lending practices.
Posted: Wed Sep 05, 2007 10:19 am
by Justine Cooper
The problem with reactive instead of proactive, in this case, is like putting a bucket under Niagra Falls. The government, locally and nationally, should have passed legislation years ago to stop the abuse of predatory lenders! To enact laws to require EDUCATION, ETHICS, ETC. ETC. for these companies!
Now, the outcome is not just decrease property value and a slew of foreclosed homes, BUT ALL of the employment associated with real estate (appraisers, home improvement, contractors, etc. etc. etc) will be facing devastating pay decreases and many of them won't be able to afford their house! The whole economy will be affected by this and the people running this great country who are paid by us, could have, should have seen it coming and done something BEFORE the you-know-what hit the fan!
(Incidentally, I just read that the housing market was booming so big in Las Vegas, every stripper, bartender and waitress had a broker's license. Now you tell me what is wrong with this picture? It is more common there now to have half million dollar homes foreclosed in new communities! Good thing the stripper laws haven't changed in Vegas so they have something to fall back on!)