Obama's Mortgage Relief Efforts Aren't Good Enough

10,000 applications for 90 factory jobs

Job seekers filed 10,000 applications over three days with General Electric for 90 openings paying about $27,000 a year building washing machines, General Electric spokeswoman Kim Freeman said Thursday.

//snipurl.com/sfgg2



Watchdog: Obama's Mortgage Relief Efforts Aren't Good Enough

The Obama administration's efforts to force the modifications of distressed mortgages, while laudable, is likely to fall far short because the foreclosure crisis has grown and threatens to dwarf government efforts to relieve it, a special congressional watchdog panel warned in a report released Friday.

//www.mcclatchydc.com/227/story/76829.html



F.H.A. Problems Raising Concern of Policy Makers

A year after Fannie Mae and Freddie Mac teetered, industry executives and Washington policy makers are worrying that another government mortgage giant could be the next housing domino.
//www.nytimes.com/2009/10/09/business/09fha.html?_r=1



400,000 jobless out of luck

A move in Congress to extend benefits for the unemployed has been slowed as lawmakers debate who should qualify.

//money.cnn.com/2009/10/08/news/economy/extending_unemployment_benefits/?postversion=2009100819


From Information Clearing House



//freepage.twoday.net/search?q=Obama
//freepage.twoday.net/search?q=mortgage
//freepage.twoday.net/search?q=foreclosure
//freepage.twoday.net/search?q=Fannie+Mae
//freepage.twoday.net/search?q=Freddie+Mac
//freepage.twoday.net/search?q=unemploy
//freepage.twoday.net/search?q=jobless

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