The new housing rescue bill signed Wednesday takes aim to bolster Fannie Mae and Freddie Mac. In a late additon to the bill, the law allows authority for the Treasury to lend a financial hand to Fannie Mae and Freddie Mac if it deems it necessary to help stabilize markets.
For starters, a more strict regulator will be [...]
The Bush administration’s top housing official is under a criminal investigation and announced Monday he is quitting. Housing and Urban Development Secretary Alphonso Jackson said his resignation will take effect on April 18. For a couple of years now, Jackson has been fending off allegations of cronyism and favoritism involving HUD contractors. The FBI has [...]
Would you believe that Office of the General Tresurer is holding more than $124 million in unclaimed property and assets? These are properties, bank accounts, etc. which have simply been forgotten about. This records can go back decades for you or a family member. RI State law requires businesses to turn over inactive financial accounts [...]