Lenders Shift Some Loan Costs to Big Borrowers
For more: http://bit.ly/eFwivZ
Some banks have begun passing along costs triggered by the Dodd-Frank financial-overhaul law.
Tuesday, January 4, 2011
Bankruptcy Filings Leapt 9% Last Year
For more: http://bit.ly/ewAWPm
The number of Americans filing for personal bankruptcy topped 1.5 million last year, as high long-term jobless rates and depressed home prices drove more households to seek court protection.
For more: http://bit.ly/ewAWPm
The number of Americans filing for personal bankruptcy topped 1.5 million last year, as high long-term jobless rates and depressed home prices drove more households to seek court protection.
Bank of America Buys Back $2.5 Billion in Mortgage Debt
For more: http://nyti.ms/enwXMa
Bank of America announced Monday that it had paid more than $2.5 billion to buy back troubled mortgages and resolve related claims from Fannie Mae and Freddie Mac — deals that may prompt a wave of such settlements by big banks.
For more: http://nyti.ms/enwXMa
Bank of America announced Monday that it had paid more than $2.5 billion to buy back troubled mortgages and resolve related claims from Fannie Mae and Freddie Mac — deals that may prompt a wave of such settlements by big banks.
Ending Federal Subsidies for Mortgages
For more: http://nyti.ms/i2WlcW
Could the government stop subsidizing mortgages altogether? Probably not in real life. But that is where the debate over reforming Fannie Mae and Freddie Mac, as well as righting the public-private sector balance in housing, should begin.
For more: http://nyti.ms/i2WlcW
Could the government stop subsidizing mortgages altogether? Probably not in real life. But that is where the debate over reforming Fannie Mae and Freddie Mac, as well as righting the public-private sector balance in housing, should begin.
Monday, January 3, 2011
A new year brings a new chance to reach your financial goals
For more: http://bit.ly/fnvEB2
What are your financial goals? How will you achieve them? Without this blueprint, you'll be chasing your tail, worrying about which stock or mutual fund to invest in. Having no real plan could result in higher risk than you need, scattered and duplicate investments, and high fees.
For more: http://bit.ly/fnvEB2
What are your financial goals? How will you achieve them? Without this blueprint, you'll be chasing your tail, worrying about which stock or mutual fund to invest in. Having no real plan could result in higher risk than you need, scattered and duplicate investments, and high fees.
Sunday, January 2, 2011
Slow and Steady Saving Still Pays
For more: http://bit.ly/eHAMCd
The path toward having enough money to enjoy a comfortable retirement is a long one. And as the recent decade in the U.S. stock market shows, it's one where patience pays off.
For more: http://bit.ly/eHAMCd
The path toward having enough money to enjoy a comfortable retirement is a long one. And as the recent decade in the U.S. stock market shows, it's one where patience pays off.
Kentucky tax credit ends for homebuyers
For more: http://bit.ly/9qWTDa
About 2,400 Kentuckians have been approved to claim $5,000 off their state income tax bill for buying a newly constructed home in the last year and a half.
For more: http://bit.ly/9qWTDa
About 2,400 Kentuckians have been approved to claim $5,000 off their state income tax bill for buying a newly constructed home in the last year and a half.
A Little-Known Strategy for Cutting Mortgage Payments
For more: http://nyti.ms/gqCujn
Homeowners looking to lower their monthly mortgage payments and also save some on interest may be able to do so without all the hefty fees and daunting credit requirements of refinancing. A little-known strategy, called “recasting,” or “re-amortization,” is available through some mortgage lenders and servicers.
For more: http://nyti.ms/gqCujn
Homeowners looking to lower their monthly mortgage payments and also save some on interest may be able to do so without all the hefty fees and daunting credit requirements of refinancing. A little-known strategy, called “recasting,” or “re-amortization,” is available through some mortgage lenders and servicers.
Deciding Whether to Buy or Rent
For more: http://nyti.ms/erjauw
IN today’s market, with uncertainty the sole certainty up ahead, the age-old question — rent or buy? — becomes increasingly perplexing.
For more: http://nyti.ms/erjauw
IN today’s market, with uncertainty the sole certainty up ahead, the age-old question — rent or buy? — becomes increasingly perplexing.
SUSTAINABLE MONEY: Why a Budget Is Like a Diet — Ineffective
For more: http://nyti.ms/fTJqC4
What would you do if your wallet became harder to open as your spending approached or exceeded your budget? Would you think twice about where your money was going?
For more: http://nyti.ms/fTJqC4
What would you do if your wallet became harder to open as your spending approached or exceeded your budget? Would you think twice about where your money was going?
OFF THE SHELF: Prosperity, Real or Imagined
For more: http://nyti.ms/evsyUA
The author sees a conflict at the heart of Americans’ attitudes toward money and debt. We tend to view ourselves “as reasonably prudent and sober people,” he writes, while “the choices we make at the ballot box seem to be at odds with that self-image.”
For more: http://nyti.ms/evsyUA
The author sees a conflict at the heart of Americans’ attitudes toward money and debt. We tend to view ourselves “as reasonably prudent and sober people,” he writes, while “the choices we make at the ballot box seem to be at odds with that self-image.”
Real Estate Developers Prosper Despite Defaults
For more: http://nyti.ms/eLGe1s
Hedge funds and private equity funds are still offering backing for deals, believing that the real estate market will warm up again this year. There are also new investors looking to get into real estate, including funds based in China, and Norwegian pension funds.
For more: http://nyti.ms/eLGe1s
Hedge funds and private equity funds are still offering backing for deals, believing that the real estate market will warm up again this year. There are also new investors looking to get into real estate, including funds based in China, and Norwegian pension funds.
Saturday, January 1, 2011
Ailing housing market hits former Treasury chief where he lives
For more: http://wapo.st/e9Y7m9
Few know better than former Treasury Secretary Henry M. Paulson Jr. how the struggling U.S. economy has battered home prices. As former President George W. Bush's top economic adviser, Paulson played a lead role battling the U.S. housing downturn and deep financial crisis it sparked. But last week it got personal.
For more: http://wapo.st/e9Y7m9
Few know better than former Treasury Secretary Henry M. Paulson Jr. how the struggling U.S. economy has battered home prices. As former President George W. Bush's top economic adviser, Paulson played a lead role battling the U.S. housing downturn and deep financial crisis it sparked. But last week it got personal.
States Try to Force Mortgage Workouts
For more: http://bit.ly/fj6zqf
A few states are forcing banks to sit down with borrowers facing foreclosure and attempt to hammer out a settlement face to face rather than going to court.
For more: http://bit.ly/fj6zqf
A few states are forcing banks to sit down with borrowers facing foreclosure and attempt to hammer out a settlement face to face rather than going to court.
Career Shift Often Means Drop in Living Standards
For more: http://nyti.ms/eB4uRz
Even the lucky ones are not so lucky, it seems. A new study of American workers displaced by the recession sheds light on the sacrifices a large number have made to find work. Many, it turns out, had to switch careers and significantly reduce their living standards.
For more: http://nyti.ms/eB4uRz
Even the lucky ones are not so lucky, it seems. A new study of American workers displaced by the recession sheds light on the sacrifices a large number have made to find work. Many, it turns out, had to switch careers and significantly reduce their living standards.
Subscribe to:
Posts (Atom)