Posts Tagged ‘payments’
Hyperinflation is Coming! Weimar Republic of Germany – Obamaflation – Socialist States of America
devastating phenomenon. It wipes out the middle class by destroying the value of cash, savings, bonds and other paper instruments. But, how does it affect stock markets? With the Federal government just having added .2 trillion in Fannie/Freddie liabilities of which about 0 billion will likely default, the Federal Reserve having now polluted its balance sheet by some 0 billion worth of toxic mortgage bonds with a 41.6% default rate (1 billion in likely defaults), an …
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FDIC Insurance Limits and Indymac Bank Loan Modifications
Sheila Bair, FDIC Chairman, explains the many concerns depositors have about their bank accounts due the recent bank failures. Depositors don’t have to worry if they are within the FDIC loan limits. She also talks about the FDIC loan modification program for IndyMac Bank customers. More info at: SCCRealEstateUncensored.com MiCasaMiDinero.com