Free Credit Report
Reuters has an inside source and says to expect specifics next week.
Britain’s mortgage crisis has ended economic growth and threatens jobs.
It’s not as bad as in America and Ireland…though in some ways, it is worse.
The UK has more unsecured mortgage debt per capita.
Refinance List
Here’s more:
LONDON (Reuters) – British authorities are working on a plan to break a lending squeeze gripping the home loan market and could announce details as early as next week, a source close to the situation said on Thursday.
Refiance
Pressure has been growing on the government and the Bank of England to do more to resolve a mortgage debt crisis that is threatening to slam the brakes on the British economy. News of possible swift action lifted sterling and boosted bank shares.
Banks’ fear that high-risk mortgage debt is lurking on balance sheets has driven the interest rates at which they lend to each other well above the BoE’s 5 percent benchmark, in turn raising borrowing costs for households and companies.
youtube.com/watch?v=gy-_yPFH0TY
The new plan is expected to allow banks to temporarily swap mortgage-backed securities for government bonds to help free up their balance sheets and allow them to lend more to consumers.
The package “could come as early as next week. We’re working closely with the Bank of England on this,” the source told Reuters, on condition of anonymity.
“This is a high priority but the important thing is that we get the details right and we’re focusing on that.”
Finance minister Alistair Darling is due to meet mortgage lenders next week on his return from a visit to China.
How should the government intervene?
What about home owners who told fibs on their mortgage loan applications?
Why should the average tax payer bail them out?
What about those who’ve missed a ton of payments? Those with terrible credit scores? The irresponsible?
Why is the government bailing out those who’ve made bad decisions?
Who’s to decide what are the right decisions? Bureaucrats?
refinancemortgagenow.net/
Where you get your PhD is of the utmost importance. It's absolutely vital. To have the best chance of employment, you want to go to the best reputed program that you can get into. An online PhD will not get you a job at a reputable university, not as a professor.
And you want to apply to the best programs in your particular field, regardless of the reputation of the overall university. This applies to all PhDs, not just business.
To get the best view of this, start by trolling the websites for the universities where you think you may want to work. Notice where their faculty obtained their PhDs, and in what fields. That'll give you an inkling.
Then move on. Scan the faculty pages at the top 20-30 schools in your subject area and check where they obtained their PhDs.
The nice thing about getting a PhD in a business field is that it'll probably be free. You usually get a stipend to cover your tuition.
Thank you for kind comment, watch out for more Alistair Darling singing videos coming up very soon.