BREAKING NEWS
«Housing Delinquencies Down, Apartments Up»
According to Freddie Mac, the rates for delinquent apartment buildings has risen, while the rates of past due loans on single family homes has somehow managed to fall slightly. Having late home loans of 90 days or greater improve over June and July is a great thing for the economy, but is it enough to...
August 26 2010 / No comment / Read More »Mortgage Rates Hit All-time Low
Mortgages are starting to see more refinancing as rates drop lower than they have in 50 years. Although interest...
August 12 2010 / No comment / Read More »Homeowners Unlikely to Repay Home Loans
The last housing boom saw homeowners borrowing trillions of dollars from lenders, and using their own homes as security...
August 11 2010 / No comment / Read More »Student Loan Debt Higher then Credit Card Debt
The Federal Reserve announced that more Americans owe on student loans, private and federal, than on typical revolving loans...
August 9 2010 / No comment / Read More »
Bankruptcy News
Trapped Chile Miners, Company Bankrupt
Thirty three miners in Chile are clinging to hope as the company that owns the mine that they are stuck in is in preparations to file for bankruptcy. The San Esteban mining company...
Aug 27, 2010 / More »
Financial News
Lehman Brothers Blame Government
The former chief to Lehman Brothers announced that the lack of government assistance was a leading cause in why the lending institution failed during the financial crisis in 2007, unlike other banks that...
Sep 1, 2010 / More »
Finance Videos
Man uses fake credit card at Tampa Macy’s
TAMPA – Greg Baxter knew something was wrong when he started receiving credit cards in the mail that he hadn’t ordered. ...
Jul 29, 2010 / More »
Loans News
Housing Delinquencies Down, Apartments Up
According to Freddie Mac, the rates for delinquent apartment buildings has risen, while the rates of past due loans on single family homes has somehow managed to fall slightly. Having late home loans...
Aug 26, 2010 / More »