Welcome!




Expand Your Education with These Courses from
At Home with Diversity.
Bundle 3: CIPS Institute (US Version).
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
Negotiating Skills: Skills for Sales Success: Part Six.
Time Management: Skills for Sales Success: Part Two.

Finance, Economy & Government Issues Archive


Mayors Put Urban Issues Front and Center In Presidential Campaign

RISMEDIA, May 8, 2008-The nation's mayors, led by Conference President and Trenton, NJ Mayor Douglas H. Palmer, will gather in Miami from June 20-24 for the 76th Annual Meeting of The United States Conference of Mayors (USCM), hosted by Miami (FL) Mayor Manny Diaz to debate national policy impacting America's ...


NAR Calls to Stabilize Mortgage Market by Increasing Conforming Loan Limits Permanently

RISMEDIA, May 7, 2008-The National Association of Realtors®, in a letter to members of the U.S. House of Representatives, urged Congress to make the FHA and conforming loan limit increases permanent as part of the 2008 Housing Stimulus bill, which is expected to be marked up this week. ...


Housing Bubble Popped by Spike in Fuel Costs, New Analysis Shows

RISMEDIA, May 6, 2008-While predatory lending and sub-prime mortgages have taken the blame for the dramatic decrease in housing prices and the glut of foreclosures nationwide, a new analysis shows that rising fuel costs played a significant role in the collapse of America's housing bubble. ...


More than 600 Foreclosure Counselors to Be Trained in Foreclosure Intervention

RISMEDIA, May 6, 2008-NeighborWorks(r) America, the nation's leading non-profit organization developing solutions, partnerships and trained counselors to combat the rising level of foreclosure, is hosting a national symposium on neighborhood stabilization at its NeighborWorks Training Institute this week. Speakers include Federal Reserve Board Governor Randall S. Kroszner and FDIC Director ...


Bankrate: Mortgage Rates Nudge Higher

RISMEDIA, May 2, 2008-Fixed mortgage rates inched upward for the third week in a row, with the average conforming 30-year fixed mortgage rate rising to 6.16%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination points. ...


Buyers with Spotty Credit Could Benefit from FHA Loan

By Mathew Padilla ...


Bernardi Highlights Solutions to Save Homeowners from Foreclosure

RISMEDIA, May 1, 2008-The Bush Administration has put in place solutions to help American families stay in their homes and avoid foreclosure, U.S. Department of Housing and Urban Development Deputy Secretary Roy A. Bernardi said this week. Delivering the keynote address at the Federal Home Loan Banks Annual Directors Conference, ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

RISMEDIA, May 1, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending April 25, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 567.0, a decrease of 11.1% on a seasonally adjusted basis from 637.6 one week earlier. On an ...


FTC Testifies on Efforts to Protect Consumers in Subprime Mortgage Market

RISMEDIA, April 30, 2008-The Federal Trade Commission testified before the U.S. Senate Committee on Commerce, Science, and Transportation's Subcommittee on Interstate Commerce, Trade, and Tourism, about the Commission's continuing efforts to protect subprime mortgage borrowers. ...


Bankrate: Mortgage Rates Rise for Second Straight Week

RISMEDIA, April 25, 2008-Fixed mortgage rates moved slightly higher for the second week in a row, with the average conforming 30-year fixed mortgage rate rising to 6.11%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.43 discount and origination points. ...


A Key to Help Congress Solve the Housing and Foreclosure Crisis

RISMEDIA, April 25, 2008-The CMPS Institute has just sent Congress a detailed proposal calling for government-backed loans to homeowners of up to 20% of the homeowner's current mortgage balance."Negative homeowner equity is the one root problem that Congress can help solve," said Gibran Nicholas, Chairman of the CMPS Institute, an ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

RISMEDIA, April 24, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending April 18, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 637.6, a decrease of 14.2% on a seasonally adjusted basis from 743.4 one week earlier. On an ...


Homeowners Call on Congress to Simplify and Reduce Taxes

RISMEDIA, April 15, 2008-As the nation's homeowners struggle to complete their taxes by April 15, the American Homeowners Grassroots Alliance (AHGA) on April 10 urged Congress to simplify and improve the tax code. In testimony to the House Small Business Committee, AHGA suggested a number of reforms that will help ...


Bush Administration to Expand Mortgage Help for Struggling Families

RISMEDIA, April 14, 2008-The Bush Administration announced additional mortgage assistance for subprime borrowers who are at risk of foreclosure. The plan, which is designed to help address the adverse economic conditions affecting many communities across America, will help break the cycle of house price depreciation that is being caused by ...


Housing Bills Will Help Homeowners and Economy

RISMEDIA, April 14, 2008-The National Association of Home Builders (NAHB) applauded House and Senate legislation to address the housing crisis and economic slowdown. ...