“The Credit Cardholders’ Bill of Rights Act”

Credit Card Bill Passes One Obstacle
Rep. Carolyn Maloney’s bill proposing a crackdown on the credit card industry was doomed. For a while last night, it seemed so.

Rep. Mike Castle (R-Del.) was pushing an amendment that would kill the bill and substitute a congressional resolution in support of the Federal [...]

5 Solar Stocks That Can Triple in Value
The growth in the solar sector is still in the early innings of what should be a very long game. Investors who find the gems in this sector have the potential to be awarded with large gains. James Altucher spotlights five he likes. they include Hoku Scientific, LDK [...]

Student Loans Backed by ACS Education
ACS Education Services will back student loans from an educational financing program by Universal Technical Institute. UTI will back those student loans, assuring repayment.

ACS Education, in the field of Higher Education, provides outsourcing solutions to nearly 1000 college and university financial aid offices, the largest lenders in the country, being [...]

Fannie Mae and Freddie Mac mortgage giants
Fannie Mae and Freddie Mac mortgages may default on their debt or face a takeover by the US Government, authorities said.
The anxiety over Fannie Mae and Freddie Mac, the mortgage giants that support $5 trillion in home loans, reached fever pitch today. CNNMoney.com reports the two firms play a central role in the [...]

FRE Freddie Mac and FNM Fannie Mae Mortgages
The Bush Administration and US Congress have improved efforts to save Fannie Mae (FNM) and Freddie Mac (FRE), the WSJ Wall Stree Journal says. Failure of the two government-charted mortgage giants is not seen as imminent, but stocks of both mortgage companies plummeted again yesterday and are now back to levels [...]

Prospect Mortgage to acquire majority of IndyMac retail mortgage business
Prospect Mortgage late Tuesday said it has agreed to acquire a majority of IndyMac Bancorp Inc.’s retail mortgage branches. Financial terms weren’t disclosed. The deal includes 750 employees and more than 60 branch offices all around the United States.

Indymac to become Prospect Mortgage (MetroCities). The Indymac Loan [...]