October 31, 2011

Catawba County NC Hazardous Waste Collection Day - November 5, 2011


Catawba County NC Hazardous Waste Collection Day - November 5, 2011

Looking for the most current day?  Click HERE

This Saturday, November 5, 2011, Catawba County will be holding their
Bi-Annual hazardous waste collection day.

October 17, 2011

Will Refinancing Underwater Loans Help Ease the Foreclosure Crisis?

Will Refinancing Underwater Loans Help Ease the Foreclosure Crisis?


This morning, I read an article on RISMEDIA, Executive Action to Ease Foreclosure Crisis?  The basic summary of the post is that the President has the authority to change the rules to allow "responsible" homeowners to refinance their homes at today's low interest rates and also to basically compel the lenders to do the refinance.  It would only help homeowners that aren't currently behind on their payments and the premise is that it would help stem the tide of foreclosures by stopping those considering strategic defaults.  By reducing their monthly payments, it would also increase their spendable money, thereby helping the economy.  Unfortunately, it's far too short-sighted in it's approach.

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