| Nehemiah Corporation of America Reaches $1 Billion Milestone in ...
SACRAMENTO, Calif., Jan. 24 /PRNewswire-USNewswire/ -- Nehemiah Corporation of America, the oldest and largest provider of private downpayment assistance in the United States, today announced that the non-profit has provided more than $1 billion in mortgage downpayment assistance through The Nehemiah Program(R). Initiated in 1997, The Nehemiah Program(R) has helped over 250,000 minority and low to moderate income families become homeowners to date. The Program reported substantial growth in 2007 as banks and mortgage lenders abandoned risky products once promoted to low and moderate income families and returned to the stability and affordability of mortgage products offered in conjunction with FHA loan insurance. The Nehemiah Program provides private downpayment assistance to homebuyers who qualify for FHA-insured mortgages but are not able to make the downpayment necessary to secure the mortgage.
How McCain Can "Get Right"
That won't cut it. "I've decided to take time out to learn the Web so I can compete in future campaigns" and "I'm entering rehab at an undisclosed location to recover from my vicious Ibogaine habit. I make no excuses" are too trendy. ... Let's harness the power of the Web and help Kerry adviser/speechwriter Robert Shrum with the dirty job that lies ahead for him. A copy of John Glenn: A Memoir to the reader who submits the best cover excuse that will let Sen. Kerry drop out of the presidential race before the voting actually starts while preserving his viability within the system. ... Void where prohibited.... My entry: "Because Howard Dean chose not to abide by the campaign finance law's limits, it's now clear to me that in order to compete I would have to spend unconscionable amounts of my own money and jeapordize my family's and my children's future.
Market Follies and US Dollar Index Update
Old man winter definitely arrived last night (for the second time this year, dumping around 6 inches of snow on the Peg. Each snowflake by itself is nothing in weight, but collectively represent a significant amount of weight that can pack down and form glaciers that may not move mountains, but definitely carve a path. Think of each USD as a snowflake, which by itself is nothing. Collectively though, the trillions of USD similar to the snowflakes blanketing a city are instead blanketing the globe. This creates a real slippery situation that causes accidents left and right, even for those that are conservative drivers. Snowploughs (AKA Central Bankers) can clean up and move the snow, but it merely is removed. Allow for a strong wind and the snowflakes are blown all over the place, creating huge drifts in areas where there once was nothing.
Local Financial Services Industry Laying Off By The Hundreds
Financial services, a growth industry for the local economy in recent years, has been cutting staff at a faster rate this year as the upheaval in the mortgage-lending sector continues. On top of cuts inflicted at mortgage banks and brokerages, the student loan industry is cutting staff in reaction to changes in the federal subsidies granted to private lenders. Through the end of September, 1,500 jobs have been pared from the payrolls of San Diego financial services employers over the previous 12 months, according to the most recent report from the state Employment Development Department. Most are related to the national slowdown in the housing market. For example, Accredited Home Lenders Holding Co. cut about three-fourths of its staff starting this year, to 1,000 from 4,000 at the end of last year.
Lifeline to Low-Income Students
White acknowledges, though, that a company benefits any time it can “provide an additional service or product to a client," and that it is in H&R Block's longterm interest if it can help its customers find their way to college. “The more educated anyone is, the higher their income, and the higher their income, the more freedom they have to start a savings program, and to be on the road to asset building." Like many research projects, it might be some time before the FAFSA research project produces the sort of verifiable results that can shape public policy. But Case Western's Bettinger says he hopes that early results might give researchers some estimate of whether increased likelihood of filling out that FAFSA influenced whether participants were more likely to enroll in college next fall, or the amount of financial aid they received once there.
May trial date set for man accused of attempted murder
PARKERSBURG — A May trial date was set Friday for a Wood County man charged with attempted murder and wanton endangerment from an incident in April 2007. Johnny Cecil Workman Jr., 58, 45 Wakefield Place, Washington, W.Va., entered an innocent plea to an indictment on a count of attempted murder and four counts of wanton endangerment involving a firearm. According to police reports, Workman allegedly entered the The Last Stop Tavern on Camden Avenue carrying a .22-caliber revolver and held it to the heard of Dolores Dinnin. Police said patrons in the bar were able to subdue Workman and held him until police arrived. Workman was arraigned in Wood County Magistrate Court and was released on a $7,500 bond. His trial date was set for May 6 before Judge Jeffrey Reed. An arraignment for William Ryan Johnson, 30, in custody at the North Central Regional Jail, was continued to next week.
Analysis: SC Strategy Focused on Race
Poll Manager Brittany Coleman, left, assists Elizabeth Jenkins, right, and Craig Williams, center, as they prepare to cast their votes in the South Carolina Democratic Presidential Primary at Joseph Floyd Manor in Charleston, S.C., on Saturday, Jan. 26, 2008. (AP Photo/Alice Keeney) (Alice Keeney - AP) .
|
