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Mortgage rescue: Still more hurdles |
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Loan servicers are overwhelmed by the flood of applications. Mortgage investors are angry about a congressional bill prohibiting them from suing servicers that modify loans. Foreclosures are rising as unemployment soars.
Original post by Technology news - Business 2.0 Magazine
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What stimulus cash buys |
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When the first stimulus-funded infrastructure contract from the Rhode Island branch of Transportation went up for bid in February, Michael D’Ambra jumped at the opportunity to score a job for his shrinking company.
Original post by Technology news - Business 2.0 Magazine
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Treasury Dept. is giving ?cash-for-keys? |
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When all else fails, the Treasury office is now willing to cough up cash to get homeowners to move on and to get loan servicers to forgive mortgage debt.
Original post by Technology news - Business 2.0 Magazine
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Why small businesses fail |
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Last month I wrote about Debbie Dusenberry, owner of Curious Sofa, a home-furnishings boutique in Kansas City, Kans. The store has a reputation for great products and imaginative display, and its revenue had been growing nicely for eight years.
Original post by Technology news - Business 2.0 Magazine
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