Archive for May, 2009

HUD makes $117 million available to clean up dangerous lead in housing

HUD makes $117 million available to clean up dangerous lead in housing

WASHINGTON – The U.S. Department of Housing and Urban Development today announced that more than $117 million is available to eliminate dangerous lead-based paint hazards from lower income homes and protect young children from lead poisoning. The grants are being offered to States and local governments through HUD’s Lead-Based Paint Hazard Control and Lead Hazard Reduction Demonstration Programs.

Source: http://www.hud.gov/news/release.cfm?content=pr09-066.cfm

Top 5 renovations to sell that house

Top 5 renovations to sell that house

With thousands of homes sitting on the market unsold, it’s critical to understand which improvements really will help get that house sold.

Source: Top 5 renovations to sell that house

7 steps to security after a job loss

7 steps to security after a job loss

Take steps to ensure your financial survival during the tumultuous period following a job loss.

Source: 7 steps to security after a job loss

An upside to Chrysler's plight

An upside to Chrysler’s plight

The government is guaranteeing warranties while incentives lock in a killer car deal for buyers.

Source: An upside to Chrysler’s plight

Pay federal tax on car's sale?

Pay federal tax on car’s sale?

If you make less from a car’s sale than the original price, you aren’t required to pay income tax.

Source: Pay federal tax on car’s sale?

Mortgage rescue: Still more hurdles

Mortgage rescue: Still more hurdles

Loan servicers are overwhelmed by the flood of applications. Mortgage investors are angry about a congressional bill prohibiting them from suing servicers that modify loans. Foreclosures are rising as unemployment soars.

Source: Mortgage rescue: Still more hurdles

Obama's top 10 stocks

Obama’s top 10 stocks

When it comes to policy, President Obama is moving like lightning. But when it comes to his investments, he’s playing it cool.

Source: Obama’s top 10 stocks

Vice President Biden announces nearly $100 million in Recovery Act funds to clean up dangerous lead in housing

Vice President Biden announces nearly $100 million in Recovery Act funds to clean up dangerous lead in housing

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is making nearly than $100 million in Recovery Act funding available to help eliminate dangerous lead-based paint and other health and safety hazards from low-income homes. These grants will help 53 local programs in 20 states and the District of Columbia to protect young children from lead poisoning and create ‘green collar jobs. To view a summary of local programs funded through the Recovery Act, visit HUD’s website.

Source: http://www.hud.gov/news/release.cfm?content=pr09-062.cfm

The financial meltdown's unhappy anniversary

The financial meltdown’s unhappy anniversary

We’re about to mark the second anniversary of the financial meltdown. But don’t expect to see any clinking of champagne glasses, because except for a handful of prescient (or lucky) speculators, it’s been a ghastly two years. The nightmare started June 12, 2007, when news broke that two Bear Stearns hedge funds speculating in mortgage-backed securities were melting down. That was the precursor to the panics and collapses that have led to a worldwide recession and the fall of mighty institutions like Bear, AIG, Lehman Brothers, and Royal Bank of Scotland.

Source: The financial meltdown’s unhappy anniversary

Fewer flyers – but fuller planes

Fewer flyers – but fuller planes

The skies will be considerably less crowded this summer, with the Air Transport Association projecting a 7% decline in air travel compared to last year.

Source: Fewer flyers – but fuller planes