AP - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
AP - A 53-year-old wife and mother fatally shot herself shortly after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead.
Reuters - San Diego’s city attorney said on
Wednesday he filed a lawsuit against Bank of America Corp and
its Countrywide unit to prevent the mortgage lenders from
foreclosing on homes in the city, which he aims to make a
“foreclosure sanctuary.”
Investor’s Business Daily - The Mortgage Bankers Assoc.’s mortgage applications index fell 6.2% in the week ended July 18 to 489.6 as 30-year mortgage rates rose 0.37 point 15 6.59%, the highest in a year. The purchase index fell 6.7% to 335.6 and the refi index fell 5.6% to 1392.7. Financial turmoil has caused interest rates to rise while soaring home-loan defaults have forced banks to curb credit, deepening the housing slump.
AP - The 272-152 roll call Wednesday by which the House passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage giants Fannie Mae and Freddie Mac from collapsing.
Reuters - Fidelity National Financial Inc
, which controls one of the largest U.S. title insurers,
said on Wednesday second-quarter profit tumbled 92 percent as
the housing slump cut into home sales and refinancings.
Reuters - The House of Representatives passed
a massive housing rescue bill on Wednesday while the White
House dropped a threat to veto it, paving the way for measures
aimed at shoring up the worst U.S. housing market since the
Great Depression.
AFP - General Motors on Wednesday posted a five percent drop in global sales in the second quarter as a sharp drop in its home market offset strong gains overseas.
Bloomberg - July 23 (Bloomberg) — The U.S. Congress may vote today on a
rescue plan for Fannie Mae and Freddie Mac after lawmakers
reached a deal on legislation aimed at alleviating the worst
housing recession in a quarter century.
Reuters - President George W. Bush has an
explanation for the housing market meltdown that has thrown the
global economy into turmoil: Wall Street got drunk.
Bloomberg - July 23 (Bloomberg) — The U.S. House of Representatives
is set to vote today on a rescue plan for Fannie Mae and
Freddie Mac after lawmakers reached a deal on legislation aimed
at alleviating the worst housing recession in a quarter century.
Reuters - President George W. Bush will sign
into law a housing rescue package, despite objections about a
provision to provide grants to communities to buy and repair
foreclosed homes, because the legislation was needed promptly
to address the crisis, the White House said on Wednesday.
Reuters - President George W. Bush on
Wednesday dropped a threat to veto a housing rescue bill,
clearing the way for measures meant to shore up the worst U.S.
home market since the Great Depression.
AP - President Bush dropped his opposition Wednesday to a broad housing package aimed at bolstering the sagging economy, despite his objections to including $3.9 billion for neighborhoods hit hardest by foreclosures. The House was expected to vote on the bill Wednesday, and it could become law as early as this week.
Bloomberg - July 23 (Bloomberg) — The U.S. Congress may vote today on a
rescue plan for Fannie Mae and Freddie Mac after lawmakers
reached a deal on legislation aimed at alleviating the worst
housing recession in a quarter century.
Reuters - President George W. Bush has an
explanation for the housing market meltdown that has thrown the
global economy into turmoil: Wall Street got drunk.
First, make sure you’ve got the basics. You’ll need nail polish remover for taking off old polish and prepping the nails for color. Nail polish remover is not only used to take off polish, but also to remove moisturizer from the nail surface. Most everyone uses lotion as part of their manicure to moisturize the hands and nails. However, moisturizer can ruin your polish job. A quick swipe of polish remover takes care of that problem and prepares your nails for the base coat. Tags: Manicure Stories
One of the most creative trends in manicures these days is the use of an airbrush to paint designs on the nail. This is most often done with acrylic nails. You can have perfect French manicures featuring special designs and shapes, or tiny paintings of most anything you can think of. You can have flowers, palm trees, symbols, letters and more airbrushed onto your acrylic nails. Nails are becoming works of art thanks to today’s creative manicurists. Tags: Dubuque Manicure
When buying beauty supplies on Ebay, make sure you only deal with sellers who have a high feedback rating. And, make sure you read the item description very carefully. Some sellers offer decants or sample sizes of popular full-size products. This is perfectly acceptable, but you want to make sure you’re clear about whether or not you’re getting a full size or a sample size product. Ebay does not allow used cosmetics to be sold, so you can be assured the product you are buying is new and unused. If this is not the case, you should report t… Tags: Manicure Cups
Do the Canandian Brass… read on.
The beautiful music video for Quintet (Rhombus Media, of The Red Violin), as seen on the Magic Horn CD enhanced feature! For more information about the piece, the composer Michael Kamen (Mr. Holland’s Opus, X-Men), the CD, or Canadian Brass, visit canadianbrass.com
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DO THE CANADIAN BRASS
1. Make a video of you or an ensemble…
Subtle eye makeup is fine for some women, but others prefer a more dramatic eye makeup look. It’s so easy to create a glamorous eye look that can take you from day to night. Let’s say you’ve got a busy day planned. Perhaps you are going to the office all day, then to a party directly after work. For your all-business look, do a neutral eye using soft brown shadow and a thin line of black liner on the top lids only. In your makeup bag, pack a charcoal shadow, shadow brush, black mascara and opal… Tags: Dramatic Eye Makeup
After applying a generous layer of foundation to your entire face, you may want to do some contouring. Stick foundation in a shade or two darker than your regular foundation is perfect for this. Apply contouring stripes in the hollows of cheeks, at the jawline, on the sides of the nose and on the sides of the forehead. Blend your contour makeup gently with a damp makeup sponge. Now it’s time for blush. Choose a bright pink shade and apply to the apples of cheeks and in a diagonal stripe up to t… Tags: 80s Makeup
Neutral colors look fabulous on every woman, regardless of skin tone or eye color. Shades of earthy brown, taupe and beige are examples of neutral tones. For a neutral look you will need three coordinating shades in the same color family. One should be dark, one should be medium and one should be light. You could use dark brown, light brown and white or cream. For best results, use a shadow brush rather than the sponge-tip applicator that came with the shadow. Sweep the medium color all over th… Tags: How To Apply Eye Makeup
You will need white clown makeup, which comes in several varieties. You will find grease paint, liquid makeup and pancake style makeup for sale from theatrical cosmetics companies. Then you will need black eyeliner, red lipstick, white setting powder and a fluffy powder puff or brush. If you’ve got a photo to go by this can help you achieve the best look. First, make sure your face is clean and dry. If your skin is on the dry side, use a moisturizer to help the makeup go on more easily. Allow t… Tags: Mime Makeup
Reuters - Wachovia Corp , the
fourth-largest U.S. bank, on Monday said its main mortgage unit
will stop offering home loans through brokers this week,
joining a growing number of lenders to curb wholesale lending.
Reuters - Bank of America Corp reported
quarterly profit on Monday that fell less than expected on
record revenue, boosting shares of the largest U.S. retail bank
and mortgage lender despite a surge in bad loans.
Reuters - The White House on Monday said it
hoped for progress on a sweeping housing rescue plan by the end
of this week, but reiterated a veto threat over a provision
that Congress looks likely to include in the bill.
Reuters - Demand for debt sold by mortgage
finance company Freddie Mac weakened on Monday while a
prominent analyst estimated Freddie and Fannie Mae, the largest
U.S. home funding sources, each need to raise up to $15 billion
in fresh capital.
AFP - Europe’s main stock markets fell on Monday when the financial services sector was dampened by news of a disappointing rights issue from British home loan provider HBOS, dealers said.
AFP - British lender HBOS failed on Monday to raise almost eight billion dollars from shareholders to boost finances hit by the global credit crisis, forcing the underwriting banks to step in.
AP - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
Reuters - San Diego’s city attorney said on
Reuters - The House of Representatives passed
AFP - General Motors on Wednesday posted a five percent drop in global sales in the second quarter as a sharp drop in its home market offset strong gains overseas.
