| Iraq vet ensnared in mortgage mess
Ouch. This veteran is in financial trouble. I tell everyone I can to run, don't walk, away from any lender telling you to go with an ARM. Unforunately he's already in the boat that's taking on water. Being the success story in his family doesn't help either. I didn't hear of any significant consumer debt after he wisely dumped his expensive consumer items, so unless he can swing a fixed rate refinance with a lower payment I don't see a consolidation loan helping much. If it were a year or two ago I'd say sell the house, hopefully they're not upside down in it.Sounds like a second job is the way to get you over the hump. Rebuild that credit and refinance into something with managable payments or sell down to something more affordable. And yes Mr. Fleming, start now and never stop living within your means.I think the moral of the story for this story, is when the government gives out the ever bigger golden egg to convince young people to enlist, that they should invest that money and use it wisely instead of buying the new car or stereo, etc.
Boston nonprofit buys Greater Miami Neighborhoods' properties
Greater Miami Neighborhoods files Ch. 11 [South Florida] Commissioners seek crackdown on trailer park evictions [South Florida] Miami-Dade moves affordable housing loans [South Florida] Troubled affordable housing developer to transfer units [South Florida] .
Blackboard Announces Acquisition of NTI Group
As of the third quarter of 2007, NTI had more than 1,200 contracts for the Connect-ED system in the U.S. K-12 market covering more than 14,000 schools and districts. NTI had 130 contracts in the U.S. higher education market covering approximately 200 colleges and universities. Additionally, the Connect-CTY, Connect-GOV and Connect-MIL services provide mass notification functionality to a fast growing number of municipal, government and military customers. The company's mass notification systems are designed to allow users to quickly and easily record and send time-sensitive notifications to thousands of people in minutes using just a computer or telephone. The NTI service operates as a fully hosted, fully managed Application Service Provider (ASP) / Software as a Service (SaaS); users are able to deploy a complete messaging and notification system without investing in, or maintaining, hardware, software, or additional phone lines.
|
