Loans

Mortgage servicers reach compromise decree on foreclosure fiasco Thu, 04/14/2011 - 15:25 by Anter Prakash Singh The officials from the Department of Housing and Urban Development, Justice Department and 10 state attorneys general met with representatives of 14 largest mortgagers of the U.S. and reached a settlement to compensate house owners who incurred losses due to faulty foreclosures. Comments Read more	Basics of Borrowing from Buddies Thu, 12/09/2010 - 14:58 by Gunjan Mehra Friendship and money, they say, should be kept poles apart to maintain the relationship’s sanctity. The Money Times explores ways of asking your friend to lend you some money in dire situations. Comments Read more	Foreclosure delay may hurt housing market--Caldwell Thu, 10/28/2010 - 12:15 by Anter Prakash Singh Phyllis Caldwell, chief of the Homeownership Preservation Office has warned that any delay in the sale of mortgaged properties caused by investigations and revaluation of allegedly faulty foreclosure documents could initiate a downward trend in the housing market. Comments Read more
Fannie, Freddie may require less federal aid if recovery continues Fri, 10/22/2010 - 15:20 by Anter Prakash Singh The government studies made public on Thursday revealed that the two mortgage companies Fannie Mae and Freddie Mac may require moderately less federal aid if the economy continues to recover at the same pace but any slowdown in the economy could mean that the government will have to shell out nearly double the amount. Comments Read more	The Next 2 Dividend Burnouts? Tue, 09/14/2010 - 23:41 by Ilan Moscovitz With the economy still shaky, many wary investors have been turning to the safety of dividend-paying stocks. Comments Read more	Protect Your Assets From This Looming Risk Thu, 01/21/2010 - 12:47 by Alex Dumortier The U.S. Treasury is ramping up its issuance of inflation-protected securities (TIPS) this year, in order to address foreign investors' concerns about soaring fiscal deficits and the inflation risk they create. TIPS issuance for 2010 is expected to increase by approximately 40% over the amount sold in 2009. Should you be following China's and Japan's impetus and raising your exposure to TIPS? Comments Read more
3 Stocks Springing Back Thu, 12/24/2009 - 11:27 by Dave Mock With all the volatility in the markets today, there's no shortage of market seers trying to call a bottom. Man of the Year Ben Bernanke called a bottom not once, but twice. Heck, even Keanu Reeves laid out what a world-ending market bottom looks like. Comments Read more	Are You Ready to Make Real Money? Fri, 12/18/2009 - 10:43 by Tim Hanson The recent rally may have you feeling pretty good about yourself. After all, Dow members such as Coca-Cola (NYSE: KO), United Technologies (NYSE: UTX), and 3M (NYSE: MMM) are all up big this year. If you're new to the market, you may be thinking that this stock-picking stuff is easy money. Comments Read more	Will Gold Go to $6,300? Wed, 12/02/2009 - 14:24 by Alex Dumortier That is the gold valuation iconoclastic Societe Generale analyst Dylan Grice proposes in a recent issue of his regular client note, Popular Delusions. Surely, if he is correct, it's time to take a seat next to central banks -- who look set to be net purchasers of gold in the second half of 2009 for the first time since 1988 -- and ride this train for a potential quintupling in price. Comments Read more
Economic Outlook: The new bad Tue, 09/22/2009 - 10:40 by harsheeb President Barack Obama at a college near Albany, N.Y., assailed large banks for protecting a student loan subsidy Congress has voted to discontinue. The bill, which is headed to the Senate, would save $80 billion in federal subsidies given to banks each year to provide loans to students, Obama said. "The thing is the government also guarantees the loans in case the students don't repay. So, we're subsidizing banks to take on the risk of lending money to students even though the taxpayers are absorbing the risk, anyway," Obama said at the Hudson Valley Community College in Troy, N.Y. Comments Read more	Consumer credit tumbles by a record amount in July Wed, 09/09/2009 - 16:24 by Jamie Anderson Washington, September 9 -- Indicating that a recovery from the unrelenting economic recession may still be a distant dream, Federal Reserve’s data revealed that consumers in the United States borrowed a record $21.6 billion less from financial institutions in the month of July. Comments Read more	Giving China the Silent Treatment Wed, 09/09/2009 - 11:35 by David Lee Smith Things continue to worsen in the relationship between Anglo-Australian mining giant Rio Tinto (NYSE: RTP) and the big Chinese steelmakers. The relationship has descended to a cessation of negotiations concerning prices for iron ore -- a key element in the manufacture of steel. The round of negotiations began months ago and now appears to have been brought to a screeching halt. Comments Read more