Viewing Posts for December 2008. 4 Posts Found.
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Signet Solar to Build Production Facility in Belen New Mexico Creating 600 Jobs!

SANTA FE-Governor Bill Richardson announced Signet Solar will build the company's first North American solar panel production facility in Belen. The first phase of the plant will bring 200 high-wage jobs to the state and is scheduled to begin operations in 2010. Signet's long-term plans call for expansion and the creation of a total of 600 jobs."As Governor, I've been dedicated to making New Mexico ...

Fed Takes Historic Rate Cut Action

Fed Cuts Rates Near Zero to Battle Slump - Wall Street Journal The Federal Reserve cut its target interest rate Tuesday to historic lows between zero and a quarter percentage point and said it could expand a program of unorthodox lending and securities purchases. "The Federal Reserve will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability," ...

Loan Modification Offers Alternatives to Foreclosure

Loan Modification is another "voluntary" program designed to help homeowners facing foreclosure. A favorite of the media, this program seeks to change the terms of a mortgage, including a reduction in the interest rate (permanently and temporarily), an extension in the term of the loan, a reduction in the principal balance, or some combination of the three. There are two ways a consumer can approach ...

Mortgage Rates Plummet Thanks to the Fed

In late November, an announcement that the Federal Reserve and US Treasury would purchase up to $600 billion in asset-backed securities over the next year or so sent mortgage rates on many programs plunging below 6%. This is a bold step by our federal regulators towards a more stable economy. Not only will this increase the availability of credit, but it should help support the housing and financial ...
Viewing Posts for December 2008. 4 Posts Found.
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