Personal Finance and Investing

So this woman faces up to 20 years in prison:

Former B of A employee pleads guilty to providing false VOD’s

Wednesday, December 9, 2009 at 9:04PM

A former Bank of America employee was convicted of wire fraud today in federal court for creating false documents to secure approval of mortgage loan applications.

United States Attorney Carmen M. Ortiz; Warren T. Bamford, Special Agent in Charge of the Federal Bureau of Investigation – Boston Field Division; and Susan Dukes, Special Agent in Charge of the Internal Revenue Service, Criminal Investigation – Boston Field Office, announced today that CLARISTA BRAMBLE, age 59, of Randolph, MA, pled guilty before Senior U.S. D

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Man has evolved from the humble background of a gatherer of food, from the early ages, through the rennaisance period and finally the industrial revolution, that ushered in the era of working in factories for paid rates. The industrial era ushered in an era, where men began to work for salaries, hence a departure from the former norm, where man was essentially an entrepreneur.

But, as we progress through different economic clime, it became very difficult for man to sustain his self from the wages earned from paid employment. It therefore, became neccessary that man embrace the concept of multiple stream of income.

Multiple stream of income means, earning income from two or more stream.

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Everyone over indulges at Christmas. The bad news is that we can do nothing to help you with your hangovers and tight trousers. The good? We can help with the financial woes you might be facing come January.

Clearly, it is a little late in the day for us to suggest that you put away a little each month to cover the cost of Christmas (although it would be a really good thing for all of us to think about come next summer). But even now, there are bad ways and good ways to pay for your festivities. The bad ways will leave you with a frightening pile of debt and an interest rate that would shame the average doorstep lender.

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A housing correction appears to be underway but don’t be fooled into thinking that lenders would get excited about the possibility of beginning to lend again. In spite of home prices and pending home sales increasing for many of the past several months, most lenders are still treading very cautiously when it comes to new loan approvals and expanding their loan portfolios. There have been eager buyers looking for opportunities to take advantage of home prices while they’re low who have simply been unable to obtain financing. Now

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