Petraeus: Loans force families apart

Many military homeowners who saw their homes plummet in value in the financial crisis still can’t get relief from “under water” mortgages that leave families owing more to loan servicers than their homes are worth. The situation is especially difficult for the military where families must move every two to four years. Some affected members, […]

Businesses eligible for disaster loans

Small, non-farm businesses in Curry, Roosevelt and Quay counties can apply for low-interest disaster loans from the U.S. Small Business Administration, according to a news release from the SBA. Small non-farm businesses, small agricultural cooperatives and most private, non-profit organizations may qualify for Economic Injury Disaster Loans of up to $2 million. The loans aim […]

Habitat for Humanity seeks executive director

Freedom New Mexico Habitat for Humanity, which serves Curry and Roosevelt counties, is seeking a new executive director. Longtime director Joyce Davis has informed the board of directors she plans to step down from the role and remain on in a volunteer role, effected July 1. The executive director is the chief operating officer of […]

Opinions mixed on new student loan law

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By Clarence Plank: PNT staff writer A new law was signed Tuesday gives students a break with more money for Pell grants and only having to deal with one lender when it comes to student loans. President Barack Obama signed the new law this week. The law, tacked on to the health care bill, eliminates […]

Readers weigh in on coming elections

Obama campaign damaging to America I am a proud American. I believe in God, family and country. Our country was founded on these principles and provided us with freedom and the liberty to choose the path we desire to follow. Here in our area we have wonderful people who love and care for each other […]

Water group seeks $3.5M in grants, loans

By Kevin Wilson: Freedom New Mexico MELROSE — The Eastern New Mexico Rural Water Authority took steps to secure funding before an April trip to Washington, D.C., to seek authorization for its primary purpose

Government can’t soften blow to U.S. economy

Editorial No one can now deny the obvious: The housing bubble, especially in high-priced real estate markets, has popped. New home sales are projected to fall nationwide to 805,000 this year, down 23 percent from 1.05 million last year, the National Association of Realtors has reported. If that happens, it would be the worst year […]

Tornado assistance

Freedom Newspapers A summary of key federal disaster aid programs that can be made available as needed and warranted under President Bush’s major disaster declaration for New Mexico. Assistance for affected individuals and families can include: • Rental payments for temporary housing for those whose homes are unlivable. Initial assistance may be provided for up […]

Military looks to change laws regarding payday loans

By Sharna Johnson: Freedom Newspapers Concerns over payday loans have military leaders looking for legal changes in the lending system. Charles Brown, a former airman at Cannon Air Force Base, said he found himself in financial trouble when using payday loans became a vicious cycle in his life. Brown entered the military with bills, and […]

Small business seminars offered

By Tony Parra Members of ACCION and West Corp. are targeting Portales small business owners and entrepreneurs in an effort to help them with their businesses from 4 p.m. to 7 p.m. during a Thursday workshop in the Portales City Hall. There is no charge for the workshop and it is designed to inform business […]