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New Fed Help for jobless homeowners - $3 billion on roll Business Articles | October 14 Derwin James Chargers Jersey , 2010
New Federal help is on its way for the troubled homeowners. The success of this new program from the Congress will be determined by time.

The Fed has come up with a new program to help the Americans. Whether it will be successful or not can only be determined over time. The Obama administration has declared an additional $3 billion of relief funds for those homeowners who are unemployed. These funds will be helping the homeowners to avoid foreclosures and save their homes.

$1 billion will be used for loaning the unemployed homeowners who are at the verge of facing foreclosure. Housing and non-profit agencies will be distributing these loans. With a 0% interest, the unemployed homeowners will be loaned for an amount of $50,000 each, which will be applicable for two years. This program is known as Emergency Homeowner Loan Program.

The remaining 2 billion dollars will be supporting the unemployed homeowners in the states that are hit badly by unemployment. In a previous program for these hard hit states Derrius Guice Redskins Jersey , the government released $2.1 billion. The states were asked by the administration to put forward a proposal on how they will be using the money. This 2 billion dollar addition will be expanding this program to 17 states in total along with the capital state of the country, where the rate of unemployment went skyrocketing and exceeded the national average.

What is there in store for the Americans will be disclosed only after the programs are implemented and only after a significant time has crossed. Until them, it seems that the foreclosure problem will not end so easily and the homeowners will continue to suffer. The main reason for this is the negative equity accruing on their properties, because of the depreciation of the market values of the properties that they currently own and also because of the fact that the US economy is hit badly by the problem of unemployment Deon Cain Jaguars Jersey , which is the major cause of rising foreclosures in the country. However, the prospective homebuyers will be enjoying a reduced pricing for the preoccupied homes which the lenders are trying to dispose off.

?For the most recent news and the most updated listings on foreclosures, visit .




Many people believe that the sole purpose of drinking wine is to relish its taste. Taste is, of course Denzel Ward Browns Jersey , a critical issue. However, at the same time, one cannot overlook the benefits of wine. Did you know that drinking wine in moderation could help you to lose weight, boost immunity system Darius Leonard Colts Jersey , and reduce the risk of heart attack? To know more about this issue, read on.


Protects your heart


Articles published in American Journal of Clinical Nutrition reveal that red wine is full of heart-friendly properties. Doctors agree that two and one glasses of red wine, for men and women respectively, can enhance heart health and reduce high blood pressure.


It can be mentioned here that if you are planning to drink wine for improving your heart-health Dante Pettis 49ers Jersey , opt for red wine. White wines, as compared to red wines, are not loaded with beneficial properties.


All those residing in Calgary can contact Dial a Bottle Calgary. They have a wide range of wines, beers and will deliver the drinks to your home within an hour. Dial a Bottle Calgary can also provide you with tips regarding drinking and storing wine.


Improves memory


Yes Dallas Goedert Eagles Jersey , it is true. Drinking wine in moderation can help you to preserve your memory. A recent study revealed that women who opted for one or drinks of wine every day had better memory, as compared to those who did not drink at all (or drank a little amount).


Tedd Goldfinger, who is associated with University of Arizona School of Medicine, says that wine contributes in reduction of blood vessel inflammation and clots. This in turn Da'Ron Payne Redskins Jersey , minimizes the risk of cognitive decline and heart problems.


Lose weight with wine


Drinking wine in moderation can help you to control or even lose weight. A study conducted by Brigham and Women’s Hospital reveals that light or moderate drinking can help women to lose weight. Some people believe that alcohol enhances temperature of the body and this in turn, burns the calories.


Another theory is that for digesting the drink, the body requires to burn calories. This contributes in weight loss.


Reduces the risk of cancer


In a recent study, Australian researchers compared women affected by ovarian cancer to those who are leading a disease-free life. The comparison prompted them to reveal that drinking only one glass of wine can reduce the risk of ovarian cancer by 50%.


Previous research studies conducted by University of Hawaii highlighted similar results. Researchers believe that presence of antioxidants (that have anti-cancer properties) in wines reduce the risk of ovarian cancer.
Cuts the risk of diabetes


Red wine can help you to lower the risk of diabetes. An article published in Mail Online highlights the fact that red wines contain active ingredients that help the body to control sugar levels in the blood. This study D.J. Moore Panthers Jersey , conducted by researchers at University of Natural Resources and Applied Life Sciences, was published in the journal of the Royal Society of Chemistry.


Wines contain many beneficial properties. However, consider the fact that only moderate consumption allows you to enjoy these benefits. Therefore, opt for a small glass of wine and avoid heavy drinking. Contact Dial a Bottle Calgary to relish drinks at your home.

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