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Viewer's brother with mortgage rescue problem gets money back   A viewer in Pasco County called to update us about his brother's problem with a mortgage rescue company. Mike Taylor says his brother, Rick, got most of his money back.

Is it safe?  Forgive the average bank account holder and stock market investor for feeling a tad insecure when surveying the government���s trillion-dollar bail-out of financial services companies and mortgage-buying giants Fannie Mae and Freddie Mac, as well as the bankruptcy of investment bank Lehman Brothers and Bank of America���s takeover of once-great broker-dealer Merrill Lynch.

Market's Massive Bailouts Should Signal End Of An Era Of Deregulation  Market forces are great. Until they're not. After nearly three decades of conservatives insisting that government has no business meddling in the private sector, the Bush administration on Friday announced a sweeping plan to spend hundreds of billions of taxpayer dollars bailing out financial institutions that bet wrong on the mortgage market.

US government revises rescue plan  The Bush administration widened the scope of its $700 billion plan to avert a financial meltdown by including assets other than mortgage-related securities. The US Treasury submitted revised guidance to Congress on its plan late on Monday as lawmakers and lobbyists push their own agendas. The department also adjusted its plan to insure money-market funds to limit protection to balances as of ...

Protecting your money  MONTROSE ��� First mortgage companies, then investment lenders and banks, now insurance giants. The ���financial meltdown��� is leading to inquiries, both local and global, of, ���What do I do with my money?���

End is near for America's once vaunted free market economy  After Comrade George W. Bush nationalized the two giants of the U. S. mortgage market, Freddie Mac and Fannie Mae, earlier this month, Anatole Kaletsky [...]

Wasilla, Alaska, market doing well with affordable homes  Wasilla, Alaska's real estate market hasn't suffered very much from the fallout from subprime loans and foreclosures. "We didn't have a big market correction," says Brad Cole, president of the Mat-Su Valley Board of Realtors. "Our prices have been very stable." One reason Wasilla continues to flourish is that homes remain more affordable than in Anchorage. "You can get a lot more for your ...

Local office market could take hit from Lehman Bros. woes  With banks across the country racing to offload commercial mortgage securities before a bankruptcy judge puts Lehman Bros.��� securities on the market, local industry players are trying to gauge the impact of the largest bankruptcy in history on the Washington real estate market.

Spitz: Fast money will not be enough   Anyone with half a brain had a feeling all these mortgage companies with no income verification policies were a little sketchy. You'll give me money without knowing I have a job or what the job pays? Well, OK. Money to move on up to a deluxe apartment in the sky. Who'd be stupid enough to turn that down?

Arkansas Business On THV: Condo Market Slump  Trouble in the mortgage and credit markets is affecting all parts of the economy, including the market for high-end condominiums in Little Rock.

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