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Affordable Seconds Defined

Subsidized secondary financing or other financial assistance provided under an established, documented secondary financing or financial assistance program that has formal procedures in place to provide applicant qualification, loan processing, and loan program administration on an ongoing basis.

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Realty Q&A: Using homestead laws to protect you from creditors

Published July 3, 2009, 5:17 am, Market Watch

A friend of mine asked me about homesteading as a way to keep credit-card companies and other creditors from placing liens against someone's home.

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Tesla Gets Loan Approval from US Department of Energy

Published July 2, 2009, 12:55 pm, Business Wire via Yahoo! Finance

SAN CARLOS, Calif.----Tesla Motors has received approval for about $465 million in low-interest loans from the US Department of Energy to accelerate the production of affordable, fuel-efficient electric vehicles.

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Support for Tesla

Published June 30, 2009, 9:12 am, Knowledge at Wharton

The Department of Energy wants to speed the electric car company's more-affordable sedan to market.

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Protesters Demand Mortgage Help From Loan Firms

Published June 30, 2009, 9:10 am, CBS 11 Dallas - Fort Worth

Protesters in more than a dozen cities, including Dallas, are demanding that a group of mortgage companies who benefited from federal bailout money participate in a government program designed to prevent foreclosures. They say the companies should sign on to the Obama administration initiative called "Making Home Affordable."

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