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Contents contributed and discussions participated by hannah brooklyn

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Victim warns others to watch out for loan scams - News Center - Springhill Group Home L... - 0 views

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    "A personal loan scam victim warns residents to be vigilant of phone calls from fraudsters. LISA (not her real name), from West Suffolk resident, lost £110 after sending over a code for an online voucher as a fee for someone who contacted her by phone promising a loan. They agreed over the phone that she will be receiving the money within 15 minutes; the money was supposedly for Lisa's new furniture. But instead of receiving the said money, she was asked to pay an additional £295 in voucher form Good thing is that she refused.  She rather contacted the police and is now warning residents not to fall prey to such schemes.She said: "I feel absolutely gutted and stupid that I fell for it. They're very crafty and I just don't want anyone else to fall for it. "The company has been harassing me with over 20 calls a day, emptied my bank account and left me nervous of borrowing from other providers." She added. This incident isn't new to Suffolk Police.  They have been receiving details of similar occurrences from residents and are also urging people not to provide personal information to cold callers. Ukash was the code given by Lisa, which can be bought from high street shops with cash and spent online using the code rather than providing bank or credit card details. A police spokesman said: "They are never genuinely used as advance fee payment for loans or other similar products. They are simply designed for the purchase of goods from the internet or other retailers. "Anyone offering a genuine loan will not ask for a cash payment up front for the service. "Fraudsters will try anything to get you to part with your cash so if you receive any unsolicited calls from people asking you for cash or voucher details then please do not give it to them." This is a great example that anyone can be a victim of these scams.  We must be very watchful and on guard of ourselves in all time. We will never know when fraudsters will attack in any form o
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Real Estate Scam Used Fake Adoption To Buy Rights - The-looser-it-s-me - Zimbio - 0 views

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    South Korean Police said yesterday they have Busted ares fifteen-Member Group that faked the Adoption of Children to pull off ares Real-Estate Scam. The ring earned about four hundred eighty million Won ($ four hundred and seventy-nine thousand five hundred twenty) abusing are housing Law that Gives preference to are private Home Buyer Children are healthy and child or with an. The ringleader while WAS 14 Others Arrested, Including Real Estate Brokers and loan shark are, Were charged but not detained, said spokesman for the Seoul Metropolitan Police Agency are. Government Regulations FIX anti-speculation the price of some Apartments built privately and Reserve ares are seen as what percentage of homes for deserving applicants. Officials are trying to Overcome Traditional reluctance in South Korea are, which places stress on Great Family Bloodlines, to Adopt Children. Police said the loan shark visited ares Street vendor last July and received 10 million won. Return to rights he waived in HIS HIS Daughters are let and Street Cleaner "Adopt" them. The Street Cleaner used to the Adoption Document to Secure rights are Buy Luxury Condominium but are resold the rights to high School Teacher. Using fake Adoption Documents, the Obtained the right ring to Buy Apartments in Seoul and nearby Cities twenty-one. Police also charged 20 biological and nineteen "adoptive parents" for accepting up to 10 million Won in Each Case. AFP see more details : http://newscenter.springhillgrouphome.com/
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Loan Against Properties | Springhill Group Home Loans, fraud and scam watch loans -NEWS... - 0 views

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    Loan Against Properties Springhill Group Home Equity Loans helps you encash the present market value of the property by taking a loan by mortgaging the property. Features of Loan Against Property Purpose Loan can be for any purpose. However, the funds should not be used for speculation or any illegal purposes. Customers have benefited by taking loans to meet the following funding requirements Education Marriage Expenses Medical Expenses Property Residential Non Residential - Should be Fully Constructed - Should be a Freehold property having a clear and marketable title. Adjustable Rate Home Loan Conditions apply on this kind of loan, please contact us directly to inquire see more details : http://springhillgrouphome.com/
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SPRINGHILL GROUP - group of springhill south korea | Tumblr | Edublogs - 0 views

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    Group of Springhill Group Korea| Tumblr Mechanical & Boiler Room Floors & Walls Cracks and leaks in both mechanical room and boiler room concrete floors can lead to equipment damage and failure and leaking into condos below. Zera can have everything patched up before you can say "new boiler" or "screaming tenant." ZERA GETS IT DONE Whether you need cracks… Cracks and leaks in both mechanical room and boiler room concrete floors can lead to equipment damage and failure and leaking into condos below. Zera can have everything patched up before you can say "new boiler" or "screaming tenant." ZERA GETS IT DONEWhether you need cracks routed & sealed, epoxy injection, or waterproofing, Zera can do the floor & wall repairs to prevent equipment problems and leaks. If your floor looks like the picture below, give us a call. Contact us to learn more about mechanical & boiler room repairs to floors & walls Please note: Zera Construction does not repair boilers.
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SPRINGHILL GROUP Fulton Steam Thermal Fluid Boilers | Edublogs - 0 views

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    Electric - Steam & Thermal Fluid Boilers - Packaged Plant Rooms Fulton Ltd specialises in the design and manufacture of steam, hot water, thermal fluid boilers, packaged plant rooms and skid-mounted systems for industrial, commercial and medical applications. It is part of the Fulton Group of Companies, which as well as in the UK, has manufacturing plants in the USA, China, and operates on five continents, reinforcing Fulton's reputation as a worldwide leader in the development of heat transfer products. Fulton Ltd has over 60 years of experience globally, with over 45 years in the UK. The company's standard range of products is backed up by bespoke turnkey capabilities. Fulton take responsibility for the turnkey package from concept, to commissioning on site and back it up with excellent aftersales support. Range of Products Electric steam boilers: 14 kg/h - 2393 kg/h Fuel fired steam boilers: 96 kg/h - 10400 kg/h Thermal fluid heaters: 22kW - 5.9MW Full range of ancillary equipment Customised Skid-Mounted Systems & Prefabricated Plant Rooms Fulton offer a complete service for the design, manufacture, assembly and commissioning of prefabricated skid-mounted systems and packaged boiler plant rooms. All steam and hot water boilers in the Fulton range can be incorporated onto skids or into plant rooms, bespoke plant rooms are designed to customer specifications. A typical plant room package will include: boiler blowdown separator, feed water and condensate return tank, water treatment and control system with interconnecting mechanical and electrical services. These systems are especially beneficial for projects where on-site work is difficult or limited by time, where access is remote or restricted, or where security is an important consideration. Services Manufacture Fabrication Repair of boilers, ancillaries & pipework Commission Water treatment & chemical supply Training Steam plant operation & routines Steam system awareness & mo
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News Headlines | News Center - Springhill Group Home Loans, fraud and scam watch loans ... - 0 views

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    News Corp Splitting Into 2 Companies Posted On Saturday, July 7, 2012 By Springhillhome. Under News Headlines Tags: News Center - Springhill Group Home Loans, News Corp Splitting Into 2 Companies, Springhill Group, Springhill Group Home, Springhill Group Home Loans, Springhill Group Home Loans And Deposits Embattled Rupert Murdoch's empire, News Corp. appears to be planning a spin-off of its core businesses. Its own flagship newspaper, The Wall Street Journal, has reported this week that the company's board is considering a proposal that will make its publishing arm into a separate company. Springhill Group Home analysts expect such separation of assets would appease regulators and could help it to avoid selling a USD 6.9 billion stake. Fortunately, the same became true for investors as the announcement was met with the rallying of News Corp's stock to 8.3% high - the highest level it has reached since 2007. "News Corp. has one of the best TV businesses, but some people like musty, dusty publishing companies that pay great dividends. It's a good thing for shareholders." said an analyst from Lazard Capital. The media conglomerate has not yet specified which business units would be grouped together but the company is reportedly mulling to separate the entertainment operations from the book and newspaper publishing one. News Corp's publishing business brought in USD 8.8 billion in profit last year, accounting for about 7% of the company's enterprise value or 24% of the revenues. This division includes a number of prominent newspapers (Times of London, The Wall Street Journal, New York Post, The Australian and the Sun) and HarperCollins book publisher, all of which are valued for around USD 5 billion. Meanwhile, its entertainment business is more profitable with revenues of USD 23.5 billion last year, accounting for around 75% of the firm's profit and almost all of the operating revenue in the first half of the fiscal year. News Co
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Loan Against Properties | Springhill Group Home Loans, fraud and scam watch loans -NEWS... - 0 views

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    Loan Against Properties Springhill Group Home Equity Loans helps you encash the present market value of the property by taking a loan by mortgaging the property. Features of Loan Against Property Purpose Loan can be for any purpose. However, the funds should not be used for speculation or any illegal purposes. Customers have benefited by taking loans to meet the following funding requirements Education Marriage Expenses Medical Expenses Property Residential Non Residential - Should be Fully Constructed - Should be a Freehold property having a clear and marketable title. Adjustable Rate Home Loan Conditions apply on this kind of loan, please contact us directly to inquire.
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News Center - Springhill Group Home Loan - West Mids - 0 views

  • Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services.
  • 1. Springhill Group Home Spring Hill BirminghamBirmingham B18UK +44 121 464 7423
  • Springhill Group Home Loan's unrelenting aim on Corporate Governance, superior standards of ethics and focus of perspective - Confidence, Reliability, Transparency and Expert Service are the essential attitude of SGH. Customer satisfaction is the…More »
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  • Recently updated lists from Bethany R. News Center - Springhill Group Home Loan (1) Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services.
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Spring Hill Group Home - foursquare - 0 views

  • News Center – Springhill Group Home Loans Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services. show more...
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Springhill Group - Begin with the Basics: Creating a Solid Investment Policy Spring Hil... - 0 views

  • stock investingBuy & Sell Stocks with Plus500™. No Fees, Free Demo, 200€ Bonus!www.Plus500.comStill Investing Stocks?Try the Forex Market. Guaranteed Stop-Loss & Freeze Rate!www.easy-forex.comAsk an Investment Advisor Online Now 4 Investment Advisors Are Online. Ask a Question, Get an Answer ASAP.JustAnswer.com/Investment-Advisor
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springhill group counselling | Tumblr - 0 views

  • Springhill Group - Begin with the Basics: Creating a Solid Investment Policy Spring Hill FL http://springhillgroup.livejournal.com/19220.html Most builders understand that laying a strong foundation is the key to constructing a good home. Do the job right and the structure will be stable. Do it wrong and it could collapse in Spring Hill.
  • Springhill Group Counselling | Tumblr http://www.tumblr.com/tagged/springhill-group-counselling New Zeus Malware Scam Promises Rebates, Security CSO — A new Zeus P2P malware variant discovered last week by security vendor Trusteer is attempting to scam users of some of the Internet’s most popular and trusted brands — Facebook, Google Mail, Hotmail and Yahoo — with promises of rebates and new security measures.
  • New Zeus Malware Scam Promises Rebates, Security CSO — A new Zeus P2P malware variant discovered last week by security vendor Trusteer is attempting to scam users of some of the Internet’s most popular and trusted brands — Facebook, Google Mail, Hotmail and Yahoo — with promises of rebates and new security measures. Slideshow: The Future of Malware
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  • Apple’s Calls for Repatriation Tax Holiday Gain No Traction with White House – In The News - Springhill Group Counselling   With some two-thirds of its cash hoard housed overseas, Apple would like a tax holiday to allow it to move that money back to the U.S., but its pleas have fallen on deaf ears at the White House.   With $64 billion in cash remaining offshore, Apple executives said during a conference call on Monday that they have no plans to bring that money back to the U.S. because of taxes.
  • New Zeus Malware Scam Promises Rebates, Security CSO — A new Zeus P2P malware variant discovered last week by security vendor Trusteer is attempting to scam users of some of the Internet’s most popular and trusted brands — Facebook, Google Mail, Hotmail and Yahoo — with promises of rebates and new security measures.
  • SOUTH GROUP SPRINGHILL KOREA: China, Korea linked to pill scam | Bangkok Post: news | Dropjack SOUTH GROUP SPRINGHILL KOREA: China, Korea linked to pill scam | Bangkok Post: news Posted by honeybunny 7 hours ago (http://www.bangkokpost.com) Thailand is seeking help from China and South Korea to support its efforts to crack down on the smuggling of pseudoephedrine-based cold pills. 
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Begin with the Basics: Creating a Solid Investment Policy Spring Hill FL - Spring Hill ... - 0 views

  • Most builders understand that laying a strong foundation is the key to constructing a good home. Do the job right and the structure will be stable. Do it wrong and it could collapse in Spring Hill. Local Companies Edward Jones - Financial Advisor: Manny Tsesmelis352-686-03385173 Mariner BlvdSpring Hill, FL 34609Edward Jones - Financial Advisor: Paul Conrad352-688-07313296 Commercial WaySpring Hill, FL 34606Bauer Financial Group Inc352-597-77176142 Dorset RdSpring Hill, FL 34608Edward Jones - Financial Advisor: Brande K Sanders352-796-88197 N Main StBrooksville, FL 34601 stock investingTrade Stocks Online at Plus500™ - Bonus! Free Analysis & Demo Account!www.Plus500.comStill Investing Stocks?Guaranteed Stop-Loss & Freeze Rate. Try it now,You Will Never Look Backwww.easy-forex.com Ask an Investment Advisor Online Now 4 Investment Advisors Are Online. Ask a Question, Get an Answer ASAP. JustAnswer.com/Investment-Advisor
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Irish J1 students scammed out of $5,000 in US online fraud | Irish News and Politics sp... - 0 views

  • An Irish student has warned her fellow J1 travelers (those on summer working visas) to beware of a rental scam in the US that cost her and her friends almost $5,000. Leah Hughes (21), from Clonskeagh in Dublin, had been planning the trip of a lifetime - a summer in Los Angeles with four of her friends. The group wired $4,750 to a man claiming to own a property in Santa Monica on a reputable rental website, but he pocketed the money and left them with nothing. Leah, a journalism student from Dublin Business School, said: "Half of our accommodation money is gone. We've lost 750 euro each, which is half of what we were able to spend so we've decided we don't want to go to LA. I don't want to even think that I'm living in the same area as this guy who did this. “But we still want to go because we've paid for our flights and for our J1 visa but we're going to go to San Francisco instead. We don't have a house yet to stay in because we haven't been able to find anywhere that we can afford." Unfortunately, this kind of scam which cost Leah and her friends is common in the US. Celine Kennelly of the Irish Immigration and Pastoral Center in San Francisco said, "Our advice is, if someone asks you to wire money ahead of arriving here, don't do it. We've had this situation before and many students get scammed this way every year. We want to get the message out there to people that wiring money over to someone you don't know just isn't safe." Instead, students are urged to find a cheap hostel for the first few nights in their city of choice and use that as a base to look for accommodation when they arrive.
  • Irish J1 students robbed of $5,000 by online fraudulent house rental deal Photo by Google Images 1diggdigg
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Springhill Group Home : Facebook buys 650 AOL patents | News Center - Springhill Group ... - 0 views

  • Facebook is set to pay Microsoft USD 550 million for 650 patents recently auctioned by AOL in its effort to boost its IP for the looming litigation against Yahoo.   Under pressure from its stockholders to make changes to prevent further revenue fall, AOL was obliged to sell and license over 800 patents to Microsoft on April 9. It would retain over 300 applications and patents after the auction.   Aside from the 800 patents bought by Microsoft, AOL will also give them license to 300 patents it has retained for a tag of USD 1.056 billion. Thus, Microsoft ultimately acquired 925 AOL patent applications and patents, 650 of which will go to Facebook. The 2 firms has also agreed to license their patent holdings to each other.   It is not yet clear what technologies Facebook has acquired rights to or those that has remained with Microsoft. But considering that the legal battle with Yahoo concerns messaging, social networking, etc, it looks like Facebook would want to have ammunition of its own.   According to a statement from Springhill Group Home, the deal with Facebook has allowed Microsoft to at least recoup more than half of its costs while accomplishing its goals from the auction of AOL. However, it cannot be readily said that Microsoft has really profited from the agreement as patent valuing is a complicated process.   Microsoft has a relatively long history of close relationship with the social network giant. In 2007, it has invested USD 240 million in  Facebook, giving it a 1.6% stake. Since then, the 2 firms have had collaborations like Microsoft’s Bing search and search ad technologies being used on Facebook. Its video chat technology also comes from Microsoft as it has acquire
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NAB distributes Rs 32.2m among `Double Shah' scam victims - 0 views

  • LAHORE: The Punjab National Accountability Bureau (NAB) Thursday distributed Rs 32.2 million among 250 victims of Tasawar Hussain Gillani involved in `Double Shah' scam.NAB Director General Khurshid Anwar Bhindar distributed cheques in a ceremony held here.He said, accused Tasawar Hussain Gillani initially worked as a partner of Double Shah, but subsequently he formed a seperate group and looted Rs 1932.74 million directly from people through agents. "NAB Punjab after taking the cognizance of Double Shah scam arrested all members of five groups active in the scam including Tasawar Hussian Gilani group and recovered Rs 1193.5 million," said Bhinder.He said, accused Tasawar Hussain Gilani and his accompliances had been convicted by the accountability court.Bhindar said that the scandal mastermind, Syed Sibtul Hassan Gilani too, had been convicted by the accountability court and sentenced to 14 years jail along with a fine of Rs 5.43 billion and confiscation of his all properties.He said that Rs 486.38 million have so far been distributed include 100 percent payment to 3218 claimants and 50 percent to 3241 claimants while disbursement of the balance amount was in progress.DG NAB further said that huge deposits, which Double Shah had shifted to Dubai, were likely to be recovered as talks with UAE Governments were under way in this connection.Copyright APP (Associated Press of Pakistan), 2012
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Optimist Lake now completely empty | Fox10tv.com - 0 views

  • Matt Barrentine MOBILE, Ala. (WALA) - A lake in West Mobile has disappeared. Ironically it's vanishing act was the result of record rainfall that drained Optimist's lake and flooded two homes in the process. Now neighbors off Cody road want the lake back and the drainage problem, caused by an undermined dam, solved for good. Completely empty...? Before last week's heavy rains, Optimist Lake was a pretty little lake surrounded by homes off Cody road. Now it is a brown, muddy bog filled with trash and dead fish. Marlon Brooks was looking over the damaged dam that traps the water in the lake. He said, "It looks like the water has undermined the dam out there and pretty much flooded out the woods out back out here." The Bamboo Steakhouse restaurant sits on the lake. They just started having live music on their deck on Monday nights, but owner John Nguyen is worried if folks will show up tonight. He told us, "It's going to hurt my business if I don't get this back. It's the biggest asset to our restaurant."
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South Korea Springhill Group :Jeteye.Com - 0 views

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    http://www.jeteye.com/jetpak/f3f754c0-9122-449b-a365-01861c9e34e6/ http://www.thenational.ae/business/energy/oft-tested-routine-for-nuclear-reactor-vips Oft-tested routine for nuclear reactor VIPs KORI, SOUTH Korea // Visitors to the construction site of Korea's latest model in nuclear reactor technology are first treated to a video about its many safety advantages. As the film about the APR-1400 reactors ends in the darkened room, automated shades draw back from floor-to-ceiling windows to reveal the immense concrete domes and construction cranes at the edge of the blue sea. Steam floats from a boiler undergoing tests, and workers in blue hard-hats confer at the base of the reactor buildings that seem as vast as a mall in Abu Dhabi.The design of Shin-Kori 3 and 4, as the reactors are called, is to be nearly identical to the four a South Korean consortium is building in the UAE. Adjustments for the Gulf's climate, from larger pumps to more air-conditioning units, are undergoing review, along with the rest of the design, by the UAE regulator. On a recent day at Kori, visitors representing some of the highest levels of the nuclear industry, from Japan to the Czech Republic, crowded towards the irresistible view. South Korea has a well-rehearsed routine for international visitors to the world's newest nuclear exporter, from photo ops to specialearphones for listening to engineers in the noisy interior of functioning plants nearby. The first reactor is scheduled to come online next year, five years after the first spadefuls of earth were dug from this spot on Korea's south-east coast. The second reactor is due to follow in 2014. Another four are planned at the same site. "The construction schedule is going well," said Lee Young-il, a vice president at Korea Hydro & Nuclear Power, the company hosting the visit. ayee@thenational.ae
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News Center - Springhill Group Home Loan - A Scam - Review of Springhill Suites Housto... - 0 views

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    Source : http://www.valueinvestingnews.com/scam-review-springhill-suites-houston-medical-center http://springhillgrouphome.multiply.com/journal/item/61/A_Scam_-_Review_of_Springhill_Suites_Houston_Medical_Center Springhill Suites Houston Medical Center/Reliant Park: Traveler Reviews Ranked #91 of 425 hotels in Houston 50 Reviews 50 reviews from our community Trip type Family reviews (16) Couples reviews (6) Business reviews (17) Solo travel reviews (5) Friends reviews (3) "A Scam!" - While this hotel is clean, I would NOT recommend staying here, especially if you need to rely on taxis for transportation. First, we asked for three days in a row for the drain in the bath/shower to be unclogged, which was never done. Standing in inches of water while taking a shower is not my idea of fun. Much worse however, was the scam the hotel seems to be running regarding taxis and car service. The last night of my stay, I requested an early morning cab to go to the airport. I was told it would be taken care of. Shortly after, the front desk called my room, asking if I wouldn't prefer a town car. I was told this was suggested because the cab drivers had been adding extra distance to rides to drive up the cost of the fare. Since I had taken a cab from the airport to the hotel, I had a sense of the cost, and felt confident that I could be firm with the cab driver, especially since the cost of the town car was quoted at $10 more. The next morning, I showed up in the lobby at 4:45 am for my cab. The person at the desk informed me that no cab had been called, that 'cabs don't work that way' here, and strongly suggested (again) that a town car be called, since that was the only way to be sure of a quick arrival. The price this person quoted me was now $5 more than a cab ride, and feeling desperate, I agreed. Once in the town car, I asked the driver if there was any arrangement with the hotel to pass along part of the fare to the hotel. He acknowledged that there
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News Center - Springhill Group Home: Top 10 Fraud Schemes - 0 views

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    Source : http://newscenter.springhillgrouphome.com/ http://springhillgrouphome.multiply.com/journal/item/59/Springhill_Group_Home_Top_10_Fraud_Schemes Springhill Group Home: Top 10 Fraud Schemes http://newscenter.springhillgrouphome.com/2012/03/springhill-group-home-top-10-fraud-schemes/ For the twelfth successive year, identity theft topped the consumer complaint database of the Federal Trade Commission with the largest number of complaints, perhaps owing to the rampant use (and misuse) of online services such as social networking and e-commerce websites. From the 1.8 million complaints the FTC got in 2011, almost 300,000 are about identity theft. The information of FTC has included complaints filed to them or from other states and federal consumer protection groups. Most of the complaints of identity theft are coming from consumers saying that their personal details are used in government documents without their knowledge, with scammers aiming to collect benefits. Last year, government-related identity theft was 27% of the total complaints in that category, increasing by 11% since 2009. Accounting for the 14% of identity theft complaints is credit card fraud, with the rest consisting of complaints of bank, utilities and phone fraud. More than half of all the complaints last year were related to fraud and taxpayers reportedly paid a total of over USD 1.5 billion in fraudulent schemes, with the average amount paid being USD 537. Moreover, 43% of the victims acknowledged that scammers reached them through email messages. The top three states that have the most per capita rate of fraud reported are Colorado, Delaware and Maryland as first, second and third, respectively. Generally, FTC discovered that people are either more willing to file complaints or they simply have more complaints now. The total amount of complaints they have received has increased by over 20% -- from 1.5 million to 1.8 million in 2011 -- that includes both identity theft and fraud compl
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News Center - Springhill Group Home Loan | Impact of Budget Cuts on Rural Housing and A... - 0 views

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    Source : http://newscenter.springhillgrouphome.com/ http://springhillgrouphome.multiply.com/journal/item/58/Springhill_Group_Home_Impact_of_Budget_Cuts_on_Rural_Housing_and_Availability_of_Mortgage Springhill Group Home: Impact of Budget Cuts on Rural Housing and Availability of Mortgage http://newscenter.springhillgrouphome.com/2012/03/springhill-group-home-impact-of-budget-cuts-on-rural-housing-and-availability-of-mortgage/ The budget cuts on rural housing finance are raising many significant questions. In the present economic situation, where federal funding for the rural housing projects is much needed, the budget cut is really distressing. According to the rural market experts, Section 538 Rural Rental Loan Guarantee Program has offered the most effective service in this regard. However, the recent budget cut is much likely to affect the proceeding of this program and home loan rate for buying a rural property. Rural economics - Demand vs. supply Only about 19% Americans live in rural areas. The average yearly income of a rural household is lower than an urban one. The poverty rate in the rural America is about 15%, whereas the rate is almost 13% in urban America. Section 538 by United States Department of Agriculture (USDA) is the largest mortgage lender in rural America. Till the end of 2011, the program funded about 700 rural housing projects. Unfortunately, this program has become the primary victim of budget cut. It received 130 million USD in FY 2010; while in FY 2011, the Congress appropriated only 30 million USD. The appropriation for FY 2012 is zero. If Section 538 does not get any funding in this year, the prospect of the program is going to be doomed. Difficulties faced by rural housing development Considering budget deficit, one can say that it is difficult to construct affordable housing units in rural areas and thereby the obvious option of rental housing comes into play. Interested banks to offer mortgage loans in less developed rural ar
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