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Warren Sees Need to Get `Realistic’ on Loan Modification: Video

Randi — Sat, 17 Apr 2010 03:27:58 +0000

April 14 (Bloomberg) — Elizabeth Warren, who chairs the Congressional Oversight Panel for the Troubled Asset Relief Program, talks with Bloomberg’s Betty Liu about the outlook for the Obama administration’s mortgage modification program.
Warren also discusses the impact of foreclosures on the economy and the possibility of her being nominated for the U.S. Supreme Court. (Source: Bloomberg)

Duration : 0:4:19

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Profit for Banks Dimmed by Possible Home-Equity Losses: Video

Randi — Thu, 15 Apr 2010 00:16:56 +0000

April 12 (Bloomberg) — Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. may have to set aside an additional $30 billion to cover possible losses on home-equity loans, an amount almost equal to analysts estimates of profit at the three banks this year. Bloomberg’s Monica Bertran reports. (Source: Bloomberg)

Duration : 0:2:4

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AEI’s Pollock Says WaMu Made Lots of `Risky’ Loans: Video

Randi — Thu, 15 Apr 2010 00:15:51 +0000

April 13 (Bloomberg) — Alex Pollock, a resident fellow at the American Enterprise Institute and former president of the Chicago Federal Home Loan Bank, talks with Bloomberg’s Betty Liu about Washington Mutual Inc.’s collapse.
The Permanent Subcommittee on Investigations, led by Senator Carl Levin, a Michigan Democrat, will begin hearings today on the financial crisis with a case study on Washington Mutual. (Source: Bloomberg)

Duration : 0:3:54

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Bailout, Mortgage Fraud- BB&T Bank, Predatory Lending, Subprime

Randi — Thu, 08 Apr 2010 22:32:40 +0000

Predatory Lending, Mortgage Fraud,Real Estate,Foreclosure,Subprime,FBI,FDIC,Bailout, Judicial Injustice,Value inflated 136%, BB&T Bank,loan, congress, Judicial Injustice, Adjustable Rate,News,CNN, Mortgage

Duration : 0:5:2

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With Loan Guarantees, Obama Looks to Nuclear Energy for Jobs

Randi — Tue, 06 Apr 2010 22:08:11 +0000

This is the VOA Special English Economics Report, from http://voaspecialenglish.com

One year ago, President Obama signed the economic recovery bill aimed at pulling the country out of recession. The bill promised jobs — including many in the nuclear energy industry.

In February, the president announced plans for the government to guarantee more than eight billion dollars in loans for two new nuclear energy centers in the state of Georgia. The Southern Company plans to build the nuclear power centers. The first would start operations in twenty sixteen.

Mister Obama announced the plan at a job training center in Lanham, Maryland. The message was that nuclear energy projects will create jobs. President Obama said: It is a plant that will create thousands of construction jobs in the next few years, and some eight hundred permanent jobs — well paying permanent jobs — in the years to come.

In February, the Federal Reserve predicted that unemployment will remain near current levels through the year. The present rate is nine point seven percent. The central bank said unemployment could remain high for the next two years.

President Obama has received sharp criticism from Republicans over the lack of progress in job creation.

The seven hundred eighty-seven billion dollar American Recovery and Reinvestment Act is also unpopular because of its cost. Critics said the money is being spent too slowly with less than sixty percent being spent so far. But the administration said the measure has saved or created two million jobs.

By supporting nuclear energy, the president may be seeking common ground with Republicans who have called for building as many as one hundred new nuclear power centers.

Mister Obama has linked clean energy with economic growth. He also warned that the United States is falling behind in developing nuclear energy. He said: There are fifty-six nuclear reactors under construction in the world: twenty-one in China alone; six in South Korea and five in India.
The United States has not built a new nuclear power plant in nearly thirty years. American public opinion about nuclear energy has been mixed. In recent years, public opinion studies show more than half of Americans approve of nuclear energy. About one-fifth of the nations electricity is generated by nuclear power.

And that’s the VOA Special English Economics Report.

(Adapted from a radio program broadcast 19Feb2010)

Duration : 0:3:54

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Gahbauer Says London `Outperforming’ U.K. Housing Market

Randi — Sun, 04 Apr 2010 23:11:49 +0000

March 30 (Bloomberg) — Martin Gahbauer, chief economist at Nationwide Building Society, talks with Bloomberg’s Maryam Nemazee about the mortgage lender’s monthly house-price index. (Source: Bloomberg)

Duration : 0:3:11

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How to get a home equity loan

Randi — Fri, 26 Mar 2010 03:01:22 +0000

HELOCs aren’t the bargains they once were but lenders are still extending lines of credit.

Duration : 0:1:28

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Dilweg Says Rehabilitation Will Bring Stability to Ambac: Video

Randi — Fri, 26 Mar 2010 03:01:05 +0000

March 25 (Bloomberg) — Wisconsin Insurance Commissioner Sean Dilweg talks with Bloomberg’s Mark Crumpton and Julie Hyman about his office’s move to take over claims on about $35 billion of home-loan bonds backed by Ambac Financial Group Inc.
Dilweg is taking over a portion of Ambacs policies to protect municipal bondholders who count on the companys guarantees. He halted payments on the policies and other contracts, saving Ambac about $120 million this month. (Source: Bloomberg)

Duration : 0:3:41

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Need a More Affordable Mortgage Payment?

Randi — Mon, 22 Mar 2010 02:57:26 +0000

http://www.AffordableMortgagePayment.com

Attorney Negotiated Home Loan Mortgage Modification, Loss Mitigation Process – Alternative to Foreclosure Fraud and Scams. Our Service will Help you Survive the Mortgage Meltdown Crisis. Avoid Foreclosure and Bankruptcy. Get your Bailout with our Home Loan Mortgage Modification Loss Mitigation Prevention Process Today.

Duration : 0:1:56

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Quicken Loans Refinance – Craig Ruark Mortgage Banker

Randi — Sun, 14 Mar 2010 01:36:24 +0000

Quicken Loans client James from Mississippi talks about how Quicken Loans got him a lower interest mortgage rate. Every question he asked was answered and he was totally satisfied with the customer service he received during his mortgage refinance. He highly recommends Quicken Loans in this video customer testimonial review.

Duration : 0:2:31

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