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Congress rejects $700 Billion bailout package
September 29th, 2008 5:29 PM

With Congress rejecting President Bush's financial bailout the stock markets have reacted by selling off and sending the Dow on a 777 point point dive. A record one day fall. This along with the take overs and forced sales by the FDIC of Indymac Bank, Washington Mutual,  Fannie Mae and Freddie Mac  are creating a sense of panic in the financial markets. With wild interest rate swings, rapidly changing underwriting guidelines by the lenders which are left in the market,  it is imperative to keep in contact with a professional mortgage planner who is on the ball. Receiving expert advise in these challenging times is more important than ever. I believe that by my company's partnering with other professionals in Financial Planning, Accounting, Law and Real Estate brokerage a client will  benefit from leveraging off a range of expert advise tailored to their unique circumstances.


Posted by Gregory Jewett on September 29th, 2008 5:29 PMPost a Comment (0)

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