FREE MORTGAGE NEWS 4U.COM by Brenda Jarvis

December 16, 2008

"And I love this idea. Congress wants to promote a car czar to oversee the auto industry. You know, even if he's half as successful as Bill Bennett was as the drug czar, oh, our problems will be solved. A car czar. What democracy has a czar?" --Jay Leno "Why is it every time we have a government crisis, we reverse to feudalism? We need a mortgage duke. A duke of mortgages. We need an energy ayatollah in this country." --       Jay Leno "Well, it looks like the automakers are going Read Full Article

November 10, 2008

"And according to a federal report, unemployment claims went up by 300,000. And that's just Republicans in Washington." --Jay Leno "Some of the smaller elections across the country on Tuesday were very close. The election for mayor in a small town in Minnesota was a tie, so they decided to choose a winner with a coin toss. Unfortunately, the economy is so bad, no one had a coin." --Conan O'Brien "Barack Obama promised a new America in which the powerless will have a voice. So, he's Read Full Article

October 3, 2008

White House promises quick enactment for massive Wall Street rescue The House passed a $700 billion bailout of the financial services industry Friday, reversing itself after members who voted to kill the measure earlier in the week came around to a Senate version that offered more protection for individual investors and small businesses. Stocks were up sharply in anticipation that the measure could help thaw frozen credit markets. After a week of reversals and intense lobbying, the Read Full Article

October 1, 2008

WASHINGTON (Oct. 1) - After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, speeding toward passage in the Senate and gaining ground in the House where conservative opposition seemed to soften. Senators loaded the economic rescue bill with tax breaks and other sweeteners for the right and left, hoping to secure approval in the House by Friday, just days after lawmakers there stunningly rejected an earlier version and sent markets plunging Read Full Article

September 28, 2008

$700 billion deal aimed at saving the nation's shaky economy from collapse WASHINGTON - Congressional negotiators and the Bush administration's top Treasury officials go to work Sunday on settling the final details of a historic $700 billion Wall Street bailout aimed at keeping credit flowing and saving the nation's shaky economy from collapsing into a crippling recession. "We've made great progress. We have to get it committed to paper so that we can formally agree," House Speaker Nancy Read Full Article

September 27, 2008

By Sunday we will have an agreement,’ says Rep. Barney Frank WASHINGTON - Lawmakers say they're making progress and hope to reach an agreement over the weekend on a $700 billion government bailout to rescue Wall Street bankers from the bad loans that threaten to derail the economy and send it into a deep and long depression. In a sign of movement, House Republicans dispatched their second-ranking leader, Rep. Roy Blunt of Missouri, to join the talks after their objections to an Read Full Article