Posts Tagged ‘President’

Chelsea Groton president enjoys seeing customers as the bank’s owners

Chelsea Groton president enjoys seeing customers as the bank’s owners
B. Michael Rauh Jr. likes that his bank’s customers are also his bank’s owners. As the new president of Chelsea Groton Bank, Rauh says he remains committed to the bank’s mutual ownership, which means it’s owned by its depositors.

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Does govt o INDIA and President APJ should act?

Pls read the ariticle and see if you agree with me avoid modern day slavery by US,UK & Europe in General India needs to have laws similar to France where working late hours and weekends is done only as an EXCEPTION …
read this ey opener…

http://www.hindustantimes.com/news/181_1887738,0008.htm?headline=’Nearly~half~of~India~suffers~from~anxiety’

Otherwise we will have Anxiety/Dipression and suicides of Indian Software engineers and call center workers as happend in Japan after over work…and happening in US now….

This applies to US workers as well
I am not sure US legislators can do anything AT ALL as they are sold to the lobbists and so they don’t care for their own people otherwise there woukld be laws in US …

Is there any action being taken on this at grass root level? In India and USA? if not how do we go abt solving this long nites and weekends work without even paying overtime in most cases?
abenezer… get a life…your only aim in life seems to be getting points by answering with silly one liners….

Loan Modification Help Center ? President Obama Continues to Pass Legislation

The Wall Street Journal reported in July, 2009 that President Obama is now expanding the plan to help the number of borrowers who can refinance their homes.  The administration said that borrowers with mortgages worth up to 125 percent of their home’s value will now be eligible to refinance under its program, up from a 105 percent limit.

According to the new plan, borrowers must be current on their mortgages and have loans owned or backed by government controlled mortgage companies Fannie Mae or Freddie Mac.  One of the challenges with the government plan is that it does not help those who are in severe circumstances, either behind on payments or facing foreclosure.  The plan does expand the opportunities for those not facing foreclosure to get help, but if you are in the midst of a foreclosure proceeding or if you just received a foreclosure notice, you need some other form of assistance.

The government is hoping that by raising the percentage, many more Americans will be assisted in getting the help they need to stay in their homes.  Recent statistics state that almost 30 percent of American homeowners with mortgages owe more than their homes are worth (according to Economy.com).  The government’s initial plan seems to have fallen short of expectations as only 20,000 people were able to participate in the program, well short of the 4 million it was projected to help.  In fact, as late as April the government was denying there was any need to expand the program.

Interest rates have actually been rising of late, making things even more difficult for Americans.  Rates on 30 year fixed rate loans currently average 5.49 percent, up from a recent low of 4.84 percent in April.  Government agents hope that this plan will also lower the overall risk for Fannie Mae and Freddie Mac by allowing more people to stick with their mortgages and not default.

Loan modification attorneys are still working tirelessly, throughout California, to help people renegotiate the terms of their loans and get a better mortgage payment.  While the government is having a hard time with their refinancing program, California loan modification attorneys are spending morning, noon and night keeping people in their homes through California loan modifications.

A loan modification renegotiates the terms of your home loan, helping you get lower payments that you can actually pay.  Rather than see your home go through foreclosure and having to move, you can enjoy a new level of financial freedom as well as a renewed outlook on life.  With the unemployment rate in America continuing to rise and the financial future in doubt for many Americans, now may be the time to take advantage of a loan modification.  A loan modification attorney can work with you to get the best deal possible, and make sure that your interests are focused upon.  Lender driven loan modifications focus on the lender’s needs, and even some government programs focus on the government’s bottom line.  A loan modification attorney can represent you and you alone.

Stanford’s “geek president” Hennessy enters 10th year with high-tech global vision

Stanford’s “geek president” Hennessy enters 10th year with high-tech global vision
Stanford University’s first “geek president” enters his 10th year this fall having established what many academic observers call a new model for American college leadership, once the province of tweedy scholars.

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New UNGA president opens session with call for fulfilling obligations to tackle challenges

New UNGA president opens session with call for fulfilling obligations to tackle challenges
At the opening of the 65th session of the UN General Assembly (GA) on Tuesday, new president Joseph Deiss said that the assembly has an “obligation to deliver results” on solving major global challenges.

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Feldman Law Center ? The Specifics of President Obama?s Plan

President Obama’s historic presidency began in the midst of possibly the worst financial crisis since the Great Depression.  The housing and real estate markets seemingly jumped off of a cliff, taking with it the financial stability of every other industry.  Obama passed sweeping legislation to help homeowners make payments and deal with the financial crisis while staying in their homes.  This plan in turn helps lenders who need homeowners to continue making their mortgage payments.  A key part of this plan is the loan modification process, which now helps homeowners even more.

The federal government is relying heavily on loan modifications with the Helping Families Save Their Homes Act of 2009 and Making Home Affordable Program.  Under these programs, current borrowers who are at imminent risk of default may qualify for a loan modification as long as the immanency of the default is tied to a specific event.  By specific event, they mean a pending interest rate increase in your mortgage loan or a demonstrable change in economic situation such as your spouse losing his/her job or a severe medical condition.

Ultimately, the plan centers around the thought that struggling borrowers can stay in their homes as long as they make their monthly payments (regardless of the sharp decline in value).  The plan has many backers, including billionaire Warrant Buffet.  In a recent letter to shareholders, Buffet wrote “Commentary about the current housing crisis often ignores the crucial fact that more foreclosures do not occur because a house is worth less than its mortgage (so-called ‘upside-down’ loans).  Rather, foreclosures take place because borrowers can’t pay the monthly payment that they agreed to pay.”

In the end, regardless of what the cause is for the foreclosures, homeowners are looking for ways to stay in their homes and everyone is hoping that Obama’s plan is the path toward that reality.  For homeowners facing foreclosure, struggling to make payments, and overwhelmed by creditor and lender phone calls, having someone they can trust by their side could make a huge difference.  During these difficult financial times, California loan modification attorneys are doing their best to be more than just an attorney; they are trying to be a confidante.  

A California loan modification attorney can sit down with you and discuss your options and if any new options were opened up under the Obama plan.  At the Feldman Law Center, our California loan modification attorney team is up to date with all federal and state laws governing loan modifications.  FDIC loan modifications, California loan modifications and more all fall under our jurisdiction.  We can help you find the program that’s right for you and your financial situation.

Millions of California residents are investigating California loan modifications as a possible solution to their financial troubles and as a way to avoid foreclosure.  If you find yourself in this situation, you should contact a loan modification attorney and get as informed as you can about all the state and federal loan modification programs available to you.

Visit Feldman Law Center at feldmanlawcenter.com or call 800-588-0425.

DepEd: Teachers can’t call President Aquino P-Noy

DepEd: Teachers can’t call President Aquino P-Noy
No, teachers cannot call President Benigno Aquino III “P-Noy” in official documents, even if he preferred the moniker shortly after he was proclaimed president.

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