Tag Archives: banks

The Economy

By admin | Published: January 16, 2009
Citibank reported a fourth-quarter net loss of $8.29 billion (its 5th straight quarterly loss.) They also announced they are splitting into 2 seperate businesses. Bank of America Corp (BAC.N) posted its first quarterly loss in 17 years. First, they obtained an additional $20 billion from the government’s Troubled Asset Relief Program (TARP). Then, they reported [...]
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Federal Reserve Board: Resources for Consumers Mortgage Foreclosures

By admin | Published: January 14, 2009
If you are having difficulty making your mortgage payment, one of the most important things you can do is seek assistance. The following resources provide information and links to agencies and organizations that may be able to help you. If you are having difficulty making your mortgage payment, one of the most important things you [...]
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