Interesting Personal Debt News Links (April 26, 2009)

April 26, 2009

* Moffett Returns to Freddie (James R. Hagerty, Barron’s)

David Moffett, who resigned as chief executive officer of Freddie Mac in March, will temporarily return to the company as a consultant on financial management.

* Sacramento region’s repossessed home sales boom hits lull (Jim Wasserman, Sacramento Bee)

Months of foreclosure moratoriums, stepped-up loan modifications and bank decisions to keep repossessed homes off the market are biting hard into a slice of the economy that has come to depend on sales of distressed homes.

* New pet food pantry to aid Northlanders (Meagan O’Donnell, The Smithville Herald)

The economic crunch has forced many people to make tough choices as they cut the household budget including decisions about family pets.


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