Thursday, November 3, 2011
NYTimes: Fed Lowers Its Forecast for Growth, but Takes No Steps
The Federal Reserve said it remained concerned about the United States economy over the next two years but announced no new stimulus measures or rate changes.
Wednesday, November 2, 2011
NYTimes: Allied Home Mortgage Is Sued Over Bad Loans
According to the lawsuit, nearly 32 percent of the 112,324 home loans originated by Allied from Jan. 1, 2001, to the end of 2010 have defaulted.
NYTimes: In Retreat, Bank of America Cancels Debit Card Fee
The decision came after three competitors said they were backing away from their plans to levy similar charges.
Tuesday, November 1, 2011
Monday, October 31, 2011
NYTimes: Ever More Homeless Families
Intensive federal effort is needed to help vulnerable families before the homelessness situation gets worse.
NYTimes: Did You Hear the One About the Bankers?
While the world watched the demise of Qaddafi, some unsettling news from Wall Street helped explain why all those protests are resonating.
Sunday, October 30, 2011
NYTimes: A Deal That Wouldn’t Sting
In a foreclosure settlement with the federal government, banks would pay relatively little, proving again that accountability has been mostly A.W.O.L. in the aftermath of the 2008 crisis.
Saturday, October 29, 2011
NYTimes: Handling High Closing Costs
Some lenders will offer borrowers a credit toward closing costs if they accept a mortgage interest rate higher than they would ordinarily qualify for.
NYTimes: Savings Rate Is Dropping, and Experts Are Puzzled
With the latest decline in savings, some are asking whether consumers are returning to their old spending habits, while others wonder if the new data is even true.
Friday, October 28, 2011
NYTimes: U.S. Economy Picks Up Pace, Averting a Stall
Gross domestic product grew at a 2.5 percent annual rate in the third quarter, an improvement but not enough to recover ground lost during the recession.
NYTimes: Economy Alters How Americans Are Moving
Uncertainty about home sales and jobs has kept millions of Americans in place, and upended a decades-long migration from the snowy North to the sunny South.
Subscribe to:
Posts (Atom)