Friday, July 8, 2011

NYTimes: Job Growth Falters Badly, Clouding Hope for Recovery

From The New York Times:

Job Growth Falters Badly, Clouding Hope for Recovery

For the second month in a row, employers added a dismally small number of jobs, showing that the United States economy is barely creaking along.

http://nyti.ms/oHlUEy

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For more information, visit: http://www.nytimes.com/services/mobile/apps/

NYTimes: Consumers Borrowed More for 8th Month in May

From The New York Times:

Consumers Borrowed More for 8th Month in May

Americans took on more debt in May and used their credit cards more for only the second time in nearly three years.

http://nyti.ms/paGcK9

Take The New York Times with you on your Android or other mobile device, free of charge.
For more information, visit: http://www.nytimes.com/services/mobile/apps/

NYTimes: Seeking Investment Flexibility In a 401(k)

From The New York Times:

YOUR MONEY: Seeking Investment Flexibility In a 401(k)

Most employees in 401(k) plans dutifully accept the menu of mutual funds chosen by their employers. But adding a self-directed option could improve plans.

http://nyti.ms/ny818A

Take The New York Times with you on your Android or other mobile device, free of charge.
For more information, visit: http://www.nytimes.com/services/mobile/apps/

Article: Banks near deal on foreclosures | Austin Business Journal


Banks near deal on foreclosures | Austin Business Journal
http://www.bizjournals.com/austin/news/2011/07/07/banks-near-deal-on-foreclosures.html

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Article: Unemployed homeowners facing foreclosure may get more time under new federal requirements | MLive.com



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Article: Foreclosures costing neighbors as homeowner associations pay to maintain abandoned houses | ajc.com


Foreclosures costing neighbors as homeowner associations pay to maintain abandoned houses  | ajc.com
http://www.ajc.com/business/foreclosures-costing-neighbors-as-1004335.html?

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NYTimes: New Housing Program Is Aimed at the Unemployed

From The New York Times:

New Housing Program Is Aimed at the Unemployed

An initiative from the Obama administration is meant to allow eligible homeowners to postpone all or part of their mortgage payments for a year or more.

http://nyti.ms/ooyHyH


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NYTimes: Behind the Gentler Approach to Banks by U.S.

From The New York Times:

Behind the Gentler Approach to Banks by U.S.

In recent years, the Justice Department has increased the use of deals like deferred prosecutions, in which banks and others are given leeway if they investigate their own wrongdoing.

http://nyti.ms/oMTKXG


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Monday, July 4, 2011

Article: Going into foreclosure? Get in line



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Article: Banks cutting principal on some mortgages-NYT | Reuters



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NYTimes: Speed Bumps on the Road to Virtual Cash

From The New York Times:

LINK BY LINK: Speed Bumps on the Road to Virtual Cash

The past few weeks have shown that a virtual currency can be just as vulnerable as the paper kind.

http://nyti.ms/kkNvMn


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Sunday, July 3, 2011

Article: More home loans modified, Wells Fargo reports | The Des Moines Register | DesMoinesRegister.com



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The Washington Post: Back-office power brokers of real estate

Back-office power brokers of real estate
http://wapo.st/m2QqPQ



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Putting brakes on foreclosure - chicagotribune.com

http://www.chicagotribune.com/classified/realestate/foreclosure/ct-mre-0703-benny-kass-20110703,0,3059278.column


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NYTimes: Big Banks Easing Terms on Loans Deemed as Risks

From The New York Times:

Big Banks Easing Terms on Loans Deemed as Risks

Two of the nation's biggest lenders are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk.

http://nyti.ms/iQVB0X


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