Foreclosure Activity Fell 9% in April; Lowest Point in Three Years

Foreclosure Activity Fell 9% in April; Lowest Point in Three Years
http://lite1059.com/rssItem.asp?feedid=114&itemid=29668029

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How eliminating tax breaks would affect the average family’s budget - The Washington Post

http://www.washingtonpost.com/business/how-eliminating-tax-breaks-would-affect-the-average-familys-budget/2011/05/12/AF5Guo2G_story.html

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Government Aid on a Debit Card? There's a Fee for That - WSJ.com

http://online.wsj.com/article/SB10001424052748704681904576321542133726346.html?mod=WSJ_business_whatsNews

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Consumer sentiment in May brighter than expected | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110513/BUSINESS/305130097/Consumer-sentiment-May-brighter-than-expected

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Another housing boom? Don’t count on it | Derby City Cents

http://blogs.courier-journal.com/derbycitycents/2011/05/13/another-housing-boom-dont-count-on-it/

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NYTimes: Slow Recovery Worsens Financial State of Medicare

From The New York Times:

Slow Recovery Worsens Financial State of Medicare

The estimates, in the annual report by the Medicare trustees, were immediately swept up into the already inflamed political battle over federal spending, debt and the future of entitlement programs.

http://nyti.ms/ls5U0y

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Survey reveals consumer confusion on mortgages - chicagotribune.com

http://www.chicagotribune.com/classified/realestate/sc-cons-0512-umberger-zillow-20110513,0,7991861.column

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Beware of timeshare maintenance fees - chicagotribune.com

http://www.chicagotribune.com/business/yourmoney/ct-home-0515-benny-kass-20110513,0,1725766.column

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Bernanke says new regulations make a financial crisis less likely - MarksJarvis on Money

http://newsblogs.chicagotribune.com/marksjarvis_on_money/2011/05/bernanke-says-new-regulations-make-a-financial-crisis-less-likely.html

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Growing number of consumers pay credit card debt before mortgage - The Washington Post

http://www.washingtonpost.com/business/economy/growing-number-of-consumers-pay-credit-card-debt-before-mortgage/2011/05/02/AFN5OV2G_story.html

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Mortgage Bill Favors Private Firms - WSJ.com

http://online.wsj.com/article/SB10001424052748704681904576317524068112278.html?mod=WSJ_RealEstate_LeftTopNews

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Rising food, gas costs push up US consumer prices | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110513/BUSINESS/305130090/Rising-food-gas-costs-push-up-US-consumer-prices

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NYTimes: Gloom and Doom, and How to Profit From It

From The New York Times:

DEALBOOK: Gloom and Doom, and How to Profit From It

Big investors gathered at the Bellagio Hotel in Las Vegas to hear how "the West is bankrupt and failing, and it's just a matter of when," as one panelist put it.

http://nyti.ms/iNkYXv

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NYTimes: A Jobs Recovery Faster for Some Than Others

From The New York Times:

OFF THE CHARTS: A Jobs Recovery Faster for Some Than Others

While much of Europe has been struggling to bounce back from the financial crisis, German unemployment has declined to a level lower than it was in September 2008.

http://nyti.ms/mgl2ks

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NYTimes: In Minnesota, Above-Average Economy Hides Familiar Pains

From The New York Times:

In Minnesota, Above-Average Economy Hides Familiar Pains

Although Minnesota's unemployment rate is relatively low at 6.6 percent, businesses large and small are reluctant to hire, and the depressed real estate market remains a drag on the economy.

http://nyti.ms/mDRvvm

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Article: Fixed mortgage rates hit lowest levels for 2011 | KVAL CBS 13 - News, Weather and Sports - Eugene, OR - Eugene, Oregon | Business

Fixed mortgage rates hit lowest levels for 2011 | KVAL CBS 13 - News, Weather and Sports - Eugene, OR - Eugene, Oregon | Business
http://www.kval.com/news/business/121707639.html

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NYTimes: How Lowering the Cap for U.S.-Backed Mortgages Will Affect Home Buyers

From The New York Times:

BUCKS BLOG: How Lowering the Cap for U.S.-Backed Mortgages Will Affect Home Buyers

How lower limits on federally backed loans may affect a borrower's payments.

http://nyti.ms/mHUm6v

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NYTimes: Uncertain Leadership Strains Financial Overhaul

From The New York Times:

Uncertain Leadership Strains Financial Overhaul

As temporary leaders overhaul regulations, concerns are rising about their vulnerability to political pressure.

http://nyti.ms/jCS5fS

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BofA May Pay as Much as $3.7 Billion to Resolve Mortgage Probe

http://washpost.bloomberg.com/Story?docId=1376-LL1LWF0YHQ0X01-35SDRCD0D7SH4M5EPHTH48MK0U

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Article: Banks and states meeting on foreclosure probe - KRCW

Banks and states meeting on foreclosure probe - KRCW
http://www.nw32.com/news/politics/sns-rt-politics-us-financitre74a6zy-20110511,0,2276506.story

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Article: BofA, Wells part of $5B settlement offer in mortgage probe | The Business Journal

BofA, Wells part of $5B settlement offer in mortgage probe | The Business Journal
http://www.bizjournals.com/triad/news/2011/05/11/report-bofa-wells-part-of-5b.html

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Article: Foreclosures fall in April amid paperwork issues - International Business Times

Foreclosures fall in April amid paperwork issues - International Business Times
http://hken.ibtimes.com/articles/144407/20110512/foreclosures-fall-in-april-amid-paperwork-issues.htm

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NYTimes: Is Another Housing Crash Coming?

From The New York Times:

ECONOMIX BLOG: Is Another Housing Crash Coming?

An economist says no, despite the still sky-high prices in New York, San Francisco and a few other places.

http://nyti.ms/j8izQv

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BofA May Pay as Much as $3.7 Billion to Resolve Mortgage Probe

http://washpost.bloomberg.com/Story?docId=1376-LL1LWF0YHQ0X01-35SDRCD0D7SH4M5EPHTH48MK0U

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Pay state fee to get loan off records - chicagotribune.com

http://www.chicagotribune.com/business/yourmoney/ct-mre-0508-benny-kass-20110506,0,4310414.column

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NYTimes: Is Another Housing Crash Coming?

From The New York Times:

ECONOMIX BLOG: Is Another Housing Crash Coming?

An economist says no, despite the still sky-high prices in New York, San Francisco and a few other places.

http://nyti.ms/j8izQv

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NYTimes: Prepaid Cards Subject Jobless to Host of Fees

From The New York Times:

BUCKS BLOG: Prepaid Cards Subject Jobless to Host of Fees

Some banks are charging a variety of fees to people who receive their jobless benefits on prepaid debit cards.

http://nyti.ms/msSsqq

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Article: 'Underwater' homeowners jump to 28 percent in first quarter - Pittsburgh Tribune-Review

'Underwater' homeowners jump to 28 percent in first quarter - Pittsburgh Tribune-Review
http://www.pittsburghlive.com/x/pittsburghtrib/business/s_736207.html

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2 accused of running real estate Ponzi scheme - Chicago Breaking Business

http://www.chicagobreakingbusiness.com/business/chibrkbus-2-accused-of-running-real-estate-ponzi-scheme-20110510,0,4833011.story

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Fannie Mae Falls Back Into the Loss Column - WSJ.com

http://online.wsj.com/article/SB10001424052748704810504576307551540613850.html?mod=WSJ_RealEstate_LeftTopNews

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Reports of Mortgage Fraud Reach Record Level - WSJ.com

http://online.wsj.com/article/SB10001424052748704681904576313591278154546.html?mod=WSJ_business_IndustryNews_DLW

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HSBC to Cut Costs, Review U.S. Cards - WSJ.com

http://online.wsj.com/article/SB10001424052748703864204576316291205184516.html?mod=WSJ_business_whatsNews

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NYTimes: Rent or Buy, a Matter of Lifestyle

From The New York Times:

ECONOMIC SCENE: Rent or Buy, a Matter of Lifestyle

The relative merits are closer than they have been since the housing bubble began inflating almost a decade ago.

http://nyti.ms/js0m4f

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NYTimes: Federal Retreat on Bigger Loans Rattles Housing

From The New York Times:

Federal Retreat on Bigger Loans Rattles Housing

Planned cuts in the size of a mortgage that can be backed by the federal government may hurt upscale housing markets in high-cost states like New York and California.

http://nyti.ms/jAP1gr

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Article: No end in sight to foreclosure quagmire | 11alive.com

No end in sight to foreclosure quagmire | 11alive.com
http://www.11alive.com/news/article/190391/24/No-end-in-sight-to-foreclosure-quagmire

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Article: H&R Block tumbles on fears regarding mortgages - WTXL ABC 27

H&R Block tumbles on fears regarding mortgages - WTXL ABC 27
http://www.wtxl.com/business/story/H-R-Block-tumbles-on-fears-regarding-mortgages/7Hq6xG50t0-56Zt4c8TB6w.cspx

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State attorneys general in D.C. for talks on fund to aid homeowners - The Washington Post

http://www.washingtonpost.com/business/economy/state-attorneys-general-in-dc-for-talks-on-fund-to-aid-homeowners/2011/05/09/AFUMzpcG_story.html

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HSBC Cautions on U.S. Recovery - WSJ.com

http://online.wsj.com/article/SB10001424052748703864204576312561186615534.html?mod=WSJ_business_MoreArticles

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Reports of Mortgage Fraud Reach Record Level - WSJ.com

http://online.wsj.com/article/SB10001424052748704681904576313591278154546.html?mod=WSJ_business_whatsNews

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Republic Bancorp will increase its quarterly dividend | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110509/BUSINESS/305090087/Republic-Bancorp-will-increase-its-quarterly-dividend

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Sheila Bair will leave FDIC in July | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110509/BUSINESS/305090089/Sheila-Bair-will-leave-FDIC-July

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'U.S. Adds Jobs, But Unemployment Inches Up' on Slate

U.S. Adds Jobs, But Unemployment Inches Up
By
http://slatest.slate.com/posts/2011/05/06/april_jobs_report_244_000_news_jobs_not_enough_to_keep_unemploym.html?wpisrc=sl_ipad

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NYTimes: HSBC Says Profit Up 58 Percent

From The New York Times:

DEALBOOK: HSBC Says Profit Up 58 Percent

HSBC said Monday that profit rose 58 percent in the first quarter after the quality of its loan portfolio improved.

http://nyti.ms/j6z9tT

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Article: Fannie Mae seeks $8.5 billion from taxpayers - KRCW

Fannie Mae seeks $8.5 billion from taxpayers - KRCW
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Article: Three Kentuckians plead guilty to fraud charges involving mortgage applications | Public Safety | Kentucky.com

Three Kentuckians plead guilty to fraud charges involving mortgage applications | Public Safety | Kentucky.com
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Michelle Singletary | Finding financial salvation after loss | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110507/BUSINESS/305080037/Michelle-Singletary-Finding-financial-salvation-after-loss

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