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H&R Block tumbles on fears regarding mortgages
01:23:44 | 10/05/2011 - Source: KIVI
Shares of H&R Block Inc. lost nearly 8 percent Monday on renewed fears that the company will be dragged back into the subprime mortgage mess.
Bair to leave FDIC in July, ending 5-year term
23:14:10 | 09/05/2011 - Source: Cleveland.com
Sheila Bair is stepping down as chairman of the Federal Deposit Insurance Corp. this summer, ending a five-year term in which she helped craft the government's response to the 2008 financial crisis.
Banks Lending, Consumers Slowly Borrowing
16:59:42 | 09/05/2011 - Source: KETV-TV
Consumers are slowly starting to borrow again and banks are more willing to extend them credit, according to a report from the New York Federal Reserve.
The upside of the housing bust
16:59:41 | 09/05/2011 - Source: OregonLive.com
By Robert J. Samuelson WASHINGTON -- If you're a 20-something or even younger, your economic future is at best clouded.
Why June is too soon for an RBA rate rise
12:50:00 | 09/05/2011 - Source: Stawell Times News
One little Reserve Bank monetary statement and suddenly it seems everyone is tipping that Glenn Stevens will lift interest rates next month - but the RBA shouldn't and quite possibly won't. It's easy to talk about "tighter monetary policy" restraining inflation, but few pause to think how it actually works.
Barclays takes hit as banks drop mis-selling fight
08:35:19 | 09/05/2011 - Source: WOZZ-FM Appleton
Barclays put aside 1 billion pounds to compensate people who were wrongly sold insurance and other UK banks backed down in their fight against accusations of mis-selling. The banks said on Monday they would drop a planned appeal against a court ruling which had made them liable to compensation claims over the mis-selling of payment protection ...
Bankrupt homeowners shed second mortgages
04:30:41 | 09/05/2011 - Source: Contra Costa Times
Stung by the crash of the housing market, some struggling homeowners are using a little known but increasingly popular provision of the bankruptcy code to eliminate second mortgages and avoid foreclosure.
Don't be tempted by U.S. fire sale
00:26:04 | 09/05/2011 - Source: Canada.com
Patricia Lovett-Reid knows the numbers don't add up but she decided to buy a second home in Florida anyway.
Minnesota foreclosures down 21% from 2010
20:16:38 | 08/05/2011 - Source: TwinCities.com
Is the housing bust turning around? Foreclosures in Minnesota fell 21 percent during the first quarter from a year earlier, according to a HousingLink report released Friday.
Without flood insurance, Vermonters left high and 'dry'
16:02:01 | 08/05/2011 - Source: Burlington Free Press
Without flood insurance, Vermonters left high and 'dry' Comments Written by Ali Kenney takes cover from wind-driven high water from Lake Champlain as she places sandbags outside her parents' home on Appletree Point Road in Burlington on Monday.
Mortgage backers Fannie Mae, Freddie Mac reach historic crossroads
07:42:53 | 08/05/2011 - Source: San Gabriel Valley Tribune
The days of Fannie Mae and Freddie Mac, which back up the mortgage loans that prop up many American homes, could be coming to an end under a proposal by the federal government.
Who pays no income tax? It is the wrong question.
03:28:14 | 08/05/2011 - Source: Christian Science Monitor
Who pays no income tax? It is the wrong question. The real question is: Who benefits most from more than $1 trillion in tax preferences? The co-chairmen of the president's deficit reduction commission, Erskine Bowles and Alan Simpson talk to reporters outside the White House in Washington April 14, 2011, after meeting with President Obama.
Yonkers IDA may give Raceway tax break amid budget crisis
23:18:42 | 07/05/2011 - Source: The Journal News
As Mayor Phil Amicone calls on school unions to make concessions to avert about 700 layoffs, he's considering giving Yonkers Raceway another tax break.
Three Kentuckians plead guilty to fraud charges involving mortgage applications
19:14:05 | 07/05/2011 - Source: Lexington Herald-Leader
Three Kentucky residents pleaded guilty Friday in federal court in Lexington to wire fraud charges that involved false mortgage applications, according to the U.S. Attorney's Office for the Eastern District of Kentucky.
Typical nuclear family, but one paycheque missing
15:04:30 | 07/05/2011 - Source: Canada.com
Bruce and Tanis's family income has been greatly reduced since he lost his middle-management job in the fall of 2008.