Fannie Mae offers additional loan for those with illness or job loss, not people who simply fall behind

By THE ASSOCIATED PRESS Published: March 16, 2008 Filed at 8:45 p.m. ET WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said new steps announced by the central bank Sunday should help squeezed financial institutions get cash infusions– a fresh effort to provide relief to a spreading credit crisis that threatens to plunge the economy into recession. The central bank approved a cut in its lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately,

When the Buyers Come Back to Capistrano…

We live in Southern California, not too far from the Mission San Juan Capistrano. According to tradition, the swallows that live in the area leave the mission every Winter on October 23 and return in the Spring to the ringing of the church bells on St. Joseph’s Day on March 19. There is a sad and beautiful song written by Leon René based on the swallows legend — When the Swallows Come Back to Capistrano: All the mission bells will ring The chapel choir will sing The happiness you’ll bring

HUD to host info meeting for those facing foreclosure

The U.S. Department of Housing and Urban Development will host an informational meeting Tuesday for homeowners facing foreclosure. City officials and HUD Secretary Alphonso Jackson are expected to address area homeowners. "His message is going to be that there is help out there. People need to get in touch with their lenders and counselors," said John Carson, HUD's regional director. Read Full News Resources proper-t-help.com