Archive for the ‘Lending Mortgage’ Category

August 16th, 2008

Clinton to campaign in New Mexico

This weekend Sen. Hillary Rodham Clinton will be back on the campaign trail as a surrogate for Democratic presidential candidate Barack Obama.
She is scheduled to appear Sunday afternoon as an Obama surrogate at Northern New Mexico College in Espanola, N.M. Clinton also will participate in a campaign fundraiser later the same day with New Mexico [...]

August 16th, 2008

An end in sight to most nurse OT

   Gov. David Paterson announced Friday he signed legislation to end most mandatory overtime for nurses in hospitals and other health-care facilities, something the medical professionals have been trying to accomplish for many years.
   The law will reduce the risk of preventable errors caused by tired and overworked nurses, the governor said in signing the [...]

August 16th, 2008

Mount Vernon news: mayor hires sister

Mayor Clinton Young made a number of appointments yesterday, including
(and former campaign manager) to a ,060-a-year commissioner’s post, Hannan Adely reports.
Meanwhile, his chief of staff, Yolanda Robinson,
if the Urban Renewal Agency agrees today to fund part of what the mayor says was always supposed to be a six-figure salary.
And while all that is happening, a [...]

August 12th, 2008

More groups add voices to protest

   Like many other groups, mental-health advocates are campaigning against Gov. David Paterson’s proposed budget cuts. One of his recommendations, which would have to be approved by the Legislature, would reduce local-assistance programs for the mentally ill by 6 percent. Much of the money goes to community-based providers, according to the Mental Health Association of [...]

August 12th, 2008

Magazine on Hillary Clinton’s “epic meltdown”

The Atlantic Monthly has a much-discussed piece online today based on interviews with various aides de camp to Sen. Hillary Clinton that functions as an attempt to parse out what went wrong with her failed Democratic presidential bid.
Or as the magazine puts it in its teaser: “Hillary Clinton’s campaign was undone by a clash of [...]

August 12th, 2008

Union: cuts would have “devastating toll”

  New York State United Teachers is trying to push back against Gov. David Paterson’s proposed cuts to the State University of New York and the City University of New York, saying they would take a “devastating toll” on the system and could prevent people from attending college.  
   The governor wants a billion mid-year [...]

August 12th, 2008

United Way to Paterson: leave poor, disabled alone

Gov. Paterson should reject his “across the board’’ approach to budget cuts because not all New Yorkers can equally stand the shared pain, officials of United Way of New York said in a letter today.
“While ‘sharing the pain’ appeals to everyone’s sense of fair play, the fact is, not all New Yorkers begin [...]

August 12th, 2008

Here’s new ad against tax cap

The ad against Gov. Paterson’s tax-cap idea can be viewed on YouTube or at www.RealTaxSolutions.org.The groups plan to spend .5 million between now and next Tuesday to air it on stations in Rochester, Syracuse, Buffalo, New York City and Long Island on a variety of on-air and cable stations. They claim the [...]

July 18th, 2008

Mortgage Giant Freddie Mac Considers Major Stock Sale

Mortgage giant Freddie Mac — emboldened by emergency regulatory actions that have triggered a two-day rebound in its battered stock — is considering raising capital by selling as much as $10 billion in new shares to investors, according to people familiar with the matter.
The high-stakes maneuver would have the potential to avoid a full-blown government [...]

July 9th, 2008

Fed To Restrict Mortgage Lending To Weak Borrowers

WASHINGTON: With no end in sight to the turbulence in the American housing and financial markets, the U.S. central bank chief said Tuesday that the Federal Reserve would issue new lending rules next week to restrict exotic mortgages and high-cost loans for people with weak credit.
The chairman, Ben Bernanke, also said that the Fed was [...]