Rick Knotts's (rickknotts) Blog

Split Over Economic Fix As Ministers Meet   World leaders are at odds over how to fix the world economy with no nation in a position of strength as talks continue about the global economic crisis.  The U.S. wants more worldwide stimulus while Europe wants world leaders to focus on much tougher ov...

Subprime Loans Problems   It comes to no shock that 48% of the nation's homeowners that have subprime, adjustable rate mortgages are behind on their obligations or in foreclosure as been reported by local and national media outlets unless you have your head in the sand! States such has Florida, C...

Government Mortgage Aid Program   The program has two key elements: a refinancing program for borrowers with little equity in their homes but current on their loans, and a $75 billion program to help reduce mortgage payments for struggling borrowers. Who qualifies:                                ...