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Families Reduce 1st-quarter Debt Load To 2006 Level
American families reduced their debt load in the first three months of the year by 1 percent, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said Tuesday. Outstanding household debt, including...Tags: Consumers, Financial and Business Services, Social Issues, Credit and Debt, Loans
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Flagstar to pay $110 mln to settle MBIA mortgage lawsuit
ReutersBy Nate Raymond NEW YORK, May 2 (Reuters) - Flagstar Bancorp Inc said Thursday it would pay $110 million to settle a lawsuit by MBIA Inc accusing the bank of misrepresenting the quality of loans underlying $1.1 billion in mortgage-backed securities....Tags: Economy, Business and Finance, Manhattan (New York City), Finance, Assured Guaranty Limited, Trials
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American Capital's profit falls 65 pct on derivative losses
ReutersMay 2 (Reuters) - American Capital Agency Corp's first-quarter net profit fell about 65 percent due to a loss on the sale of agency mortgage-backed securities (MBS) and derivatives. The real estate investment trust's (REIT) shares were down 8 percent in...Tags: Derivative Securities, NYSE Euronext, Inc., Stock Market, Securities, Federal Reserve
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Developer Notes
Model homes open in Island Lake The public is invited to the VIP grand opening of an elegant model home at William Ryan Homes at Walnut Glen in Island Lake, 4 to 6 p.m. May 9. The festivities continue May 11 and 12. This scenic, secluded enclave...
Tags: Human Interest, Walnuts, Southbury, Homes, Marketing
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First-time buyers learn compromise
After about six months of looking, Richard Mallek and his wife, Susan, are ready to close on their first home, a three-bedroom sanctuary with old Florida charm in Boynton Beach, Fla. Before the couple began their search last summer, they paged through...
Tags: Real Estate Buyers, Real Estate Sellers, Fort Lauderdale, Federal Housing Administration, Real Estate
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Deeds for May 12, 2013
BOYLE Deeds filed recently in the office of Boyle County Clerk Trille Bottom include: Mabel Anderson to Roger and Sharon E. Anderson, three parcels on Stewarts Lane, Junction City, $98,400. Lucien G. and Joyce H. Strevels to Vicki Adkins, John G....Tags: Sports, Financial and Business Services, Bank of America Corp., Bowling, Loans
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FHA financing attracts larger pool of buyers
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...Tags: Real Estate Buyers, Federal Housing Administration, Real Estate, Services and Shopping, Condos
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Redfin's valuation tool puts homeowners in driver's seat
For the past six years, the question "what's my home worth" caused homeowners to wince. With some optimism now in the real estate market and more transactions occurring than have in years, Redfin thinks homeowners and potential homebuyers are ready to...Tags: Economy, Business and Finance, Finance, Real Estate, Science and Technology, Bank of America Corp.
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Many Americans have misconceptions about credit scores
Tribune reporterNearly everyone knows that timely loan payments help raise your credit score, but a large number of Americans know little else about how creditworthiness is determined, a new survey shows. About two-fifths wrongly believe that personal characteristics...Tags: Consumers
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How useful (and free) are those free credit scores?
Reuters(The author is a Reuters contributor. The opinions expressed are his own.) By Mitch Lipka May 13 (Reuters) - Credit scores were long something that lenders got to see and consumers only found out about later. Now, pretty much anyone can take a look at...Tags: Economy, Business and Finance, Equifax Incorporated, Finance, Money and Monetary Policy, Consumers
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Two EM trades make for blockbuster day in US high-grade market
ReutersBy Shankar Ramakrishnan NEW YORK, May 13 (IFR) - Two emerging market trades transformed what looked like a relatively sedate day into a blockbuster Monday as they collectively raised USD14.25bn, or the bulk of the total USD16.325bn of high-grade paper...Tags: Consumers Energy Company, Bank of America Corp., Banking, Morgan Stanley Dean Witter & Company, Goldman Sachs Group, Inc.
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Woman fights to keep house
South Bend TribuneA series of setbacks led to a Mishawaka woman's home being sold at a county tax sale, and a St. Joseph County judge is weighing whether she was adequately warned that her house was in jeopardy. Meanwhile, attorneys and judges around the state are...Tags: Accounting and Auditing, Newspaper and Magazine, Car Repair and Maintenance Tips, Financial and Business Services, Unemployment Benefits
May 14, 2013
|Story| Los Angeles Times
May 2, 2013
|Story| Reuters
May 2, 2013
|Story| Reuters
May 2, 2013
|Story| Chicago Tribune
May 2, 2013
|Story| Chicago Tribune
May 13, 2013
|Story| AM News
May 10, 2013
|Column| Chicago Tribune
May 10, 2013
|Column| Chicago Tribune
May 13, 2013
|Story| Chicago Tribune
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 12, 2013
|Story| South Bend Tribune
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