Joseph & Cheryl Melendez's (melendezteam) Blog

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Real Estate Agent - Coldwell Banker Excellence - CalBre#01517694/ 01429652

ARCHIVED BLOG POSTS

2009 

The government is looking into creating a "bad bank" that would buy bad or illiquid assets from banks thus freeing up money they can then lend out and get the money supply flowing again.  This is another plan designed to get the TARP funds the government is giving the banks loaned out to help sti...
01/28/2009
  On a Fed NoteSpeaking to the Massachusetts Mortgage Bankers Association recently, Boston Federal Reserve President Eric Rosengren acknowledged that the economy is in a deeper recession than previously thought. He said that there are signs that conditions will improve in the second half of 2009....
01/27/2009
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Joseph & Cheryl Melendez

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