Getting a loan for your dream home can be easy, especially if you are credit worthy. However, if you have a credit standing that is in the red or less than impressive, getting good deal of a loan can be quite a challenge. However, because more banks and finance corporations do recognize the fact that there are quite a lot of individuals and potential homeowners with bad credit, they began to offer subprime home loans. [Read more…]
FCIC Commission Not Meeting Expectations
The Financial Crisis Inquiry Commission or FCIC, the ten member panel that has been given the task of identifying the main factors which caused the recent economic crisis is not likely to meet expectations. Panel members are believed to be struggling with several differences, leading to stagnation in the investigation process. [Read more…]