Archive for July 26th, 2008
How the Housing Rescue Bill Will Help You
Posted by: Chris Luzader on: July 26, 2008
The Senate on Saturday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.
President Bush is likely to sign the bill into law within days. After the law kicks in on Oct. 1, thousands of at-risk borrowers will be able to refinance [...]
Senate Passes Landmark Housing Bill
Posted by: Chris Luzader on: July 26, 2008
The Senate on Saturday overwhelmingly passed a landmark housing bill that will offer up to $300 billion in loans for troubled homeowners and establish a government rescue plan for mortgage finance giants Fannie Mae and Freddie Mac.
The House passed the bill on Wednesday just hours after President Bush reversed his long-standing vow to veto the [...]
FCC OKs Satellite Radio Merger Between XM and Sirius
Posted by: Chris Luzader on: July 26, 2008
- In: America| Blogging| Community| News
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Sirius Satellite Radio Inc.’s $3.3 billion buyout of rival XM Satellite Radio Holdings Inc. will mean millions of subscribers will be able to receive programming from both services, while executives say it will create huge cost savings for the industry.
Federal regulators formally approved the merger of the nation’s only two satellite radio operators Friday.
“I think [...]
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