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U.S. to take control of Fannie and Freddie: reports
WASHINGTON/NEW YORK (Reuters) - The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history.

McCain and Obama clash on economy
CEDARBURG, Wisconsin (Reuters) - Presidential rivals John McCain and Barack Obama, back on the campaign trail after their party conventions, clashed over the ailing U.S. economy on Friday as unemployment hit its highest monthly rate in nearly five years.


 

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in Disaster Situations
Tax Relief for Hurricane Katrina, Rita and Wilma Victims The IRS offers tax assistance to victims of the 2005 Gulf Coast hurricanes. ...
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Topics - Topic 515 Casualty, Disaster, and Theft Losses
Renters qualify to choose relief under these rules if the rented residence is ... The IRS may postpone for up to one year certain tax deadlines of taxpayers ...
Topics - Topic 515 Casualty, Disaster, and Theft Losses

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Debt consolidation is a process whereby debtors can gain freedom from debts through an arrangement suggested by a loan provider, known as debt consolidation agency. Before allowing the debt consolidation agency to take larger credit for the freedom from debts, many borrowers will question the role they play in the process. Do borrowers actually play
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