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New Hope for Mortgage Relief

Because of the complexity of the mortgage market and the agreement, which will be executed over a three-year period, borrowers will not know right away if they are eligible for relief, Cummings says. Homeowners who need manageable mortgage payments should contact their bank directly to see if they qualify, Cummings suggests, since the settlement requires banks to provide up to $17 billion in principal reductions on first and second mortgages and other forms of loan modifications.

  • Magazine

Tapping The Global Markets

Home Style Foods, an Atlanta-based processor and distributor of turkey, pork, and chicken sausages, has had a local following since the business opened in the mid-1990s, but Martin felt the best way to take the business to the next stage was to look beyond U.S. shores. Home Style Foods’ products are sold mostly in the Southeast and can be found in chain grocers, including certain Kroger, Food Lion, Giant, and Walmart stores, as well as independent grocers. Best known for its Southern Style Premium Smoked Sausage, the company posted revenues around the $2 million mark in 2009. But Martin believes he can do better. “I looked at the [revenues], and looked at the number of people who are meat eaters and looking for quality products beyond our borders,” he says.

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