Recently, foreclosures seemed to be on the rise as thousands of homeowners were being evicted from their home due to various financial difficulties. However, numerous top banks have stopped foreclosures in various states due to questionable foreclosure practices that have Read more
Everyone knows of the ACORN video scandal by now and with the employees featured in the film being fired and ACORN either being rudely awakened to the goings-on within the organization or called out on known practices (depending on what Read more
The newspaper industry has been on a slippery slope thanks to easier access of news online and advertisers taking their business to the Internet as well. Newspaper profits and stock prices have fallen and, like most industries in the recession, Read more
AIG was chastised for its last attempt to take employees on a retreat that was to cost hundreds of thousands just after they had received a substantial bailout from the government with taxpayer money. Again, AIG, which is based in Read more
Rates on a 30-year mortgage dropped to 4.94%, which is not the lowest we have seen in mortgage rates this year, but it may be enough to entice people into refinancing or even buying.It has been reported that the low Read more
GM was reported to be on the verge of reaching a deal with Penske Automotive Group earlier this week but as it looks now Saturn will be shut down. Some models will continue to be made through 2011, but overall Read more
The Securities and Exchange Commission keeps tabs on the business practices of our nation and basically polices against unfair and sudden gains of wealth at the expense of others or through shady practices. A number of people, even high profile Read more
Economists predicted September unemployment claims to be on the rise again this week but were surprised to find the numbers going down rather than up. The reported number of unemployment claims is said to have fallen by 21,000 last week Read more
The FDIC has swooped in to rescue many failed banks over the past months and has fought to keep the bank runs made on many institutions from driving the economy into a depression. However, the rate at which the banks Read more
Homeowners who have been looking for assistance from HAMP are not always in a position where they have been able to avoid problems that have arisen and successfully take advantage of mortgage payment assistance, which have led some to file Read more