Thursday, February 9th, 2012
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Grand Oaks IL Debt Consolidation Services



Grand Oaks Illinois Information

The debt consolidation services with Debt-Central.com can typically reduce Grand Oaks IL clients monthly payment by up to 50%, while reducing their interest rates, and saving consumers hundred of dollars in interest fees. We can assist any Grand Oaks resident, whether past due or current, even if you are not a home owner.

To discover a new way for you to become financially free, simply fill out the online form for a completely free consultation with a qualified counselor


Here is some interesting news for Grand Oaks Illinois residents...



U.S. bank regulators roll fines into mortgage pact (Reuters)
Reuters - The Federal Reserve announced on Thursday it has reached an agreement with five U.S. banks on penalties totaling $766.5 million over problems in their mortgage servicing businesses as part of a larger $25 billion foreclosure deal struck between the banks and state and federal agencies.
 
U.S. banks agree to $25 billion in homeowner help (Reuters)
Reuters - Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement that may help roughly one million borrowers but is no magic bullet for the ailing housing market.
 
IRS to business owners: Did you file your 1099s? (AP)
AP - Business owners will find two new questions on their income tax forms this year:
 
Obama: Mortgage deal turns page on reckless era (AP)
AP - President Barack Obama says a $25 billion settlement between mortgage lenders and states over foreclosure abuses "will begin to turn the page on an era of recklessness that has left so much damage in its wake."
 
Timeline of events of nationwide mortgage deal (AP)
AP - On Thursday, 49 states reached a $25 billion deal with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.
 
Housing regulator acted on "ideology": lawmakers (Reuters)

A foreclosure notice is taped onto the front door of an empty house in Fairfax, Virginia, outside Washington in this May 5, 2011 file photo. Five big U.S. banks accused of abusive mortgage practices have agreed to a $25 billion government settlement on February 9, 2012 that may help roughly one million borrowers but is no magic bullet for the ailing housing market. Picture taken May 5, 2011. REUTERS/Larry Downing/Files     (UNITED STATES - Tags: BUSINESS REAL ESTATE)Reuters - Two Democratic lawmakers on Wednesday accused the regulator of Fannie Mae and Freddie Mac from blocking the firms from reducing principal on the mortgages they back for reasons of "ideology."


 
May 5th, 2008

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