Debt Consolidation Financing - Stocks Continue Three-Day Slump
Stocks Continue Three-Day Slump
Already off to a weak start, stocks dropped further after Treasury Secretary Henry Paulson said the government will expand its $700 billion bailout program beyond buying banks’ troubled mortgage assets. That news, coupled with more evidence of a severe slump in consumer spending, sent the three major indexes falling more than 2 percent–the market’s third straight day of losses.
Source: www.washingtonpost.com
Citigroup to help at-risk borrowers stay in homes
NEW YORK — Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes _ making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages.
Source: www.washingtonpost.com
Stocks Continue Three-Day Slump
Already off to a weak start, stocks dropped further after Treasury Secretary Henry Paulson said the government will expand its $700 billion bailout program beyond buying banks’ troubled mortgage assets. That news, coupled with more evidence of a severe slump in consumer spending, sent the three major indexes falling more than 2 percent–the market’s third straight day of losses.
Source: www.washingtonpost.com
Citigroup to help at-risk borrowers stay in homes
NEW YORK — Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes _ making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages.
Source: www.washingtonpost.com
