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Photo by Spencer Platt/Getty Images
Photo by Spencer Platt/Getty Images
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Mortgage Settlement Could Bring Billions In Relief

Time will tell how big an impact this will have, but it certainly can't hurt.

 
In the largest deal to date aimed at addressing the housing meltdown, federal and state officials on Thursday announced a $26 billion foreclosure settlement with five of the largest home lenders.

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Photo by Alex Wong/Getty Images
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White House, Congressional Leaders Reach Debt Deal

While still not a 100% done deal at this moment, it is encouraging news.  Just like we did under George W. Bush,  we again appeared poised to raise the debt ceiling under Barack Obama as part of a last minute deal.

 
Two days before the deadline for a possible U.S. government default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit-reduction steps.

The proposed deal, which still requires congressional approval

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