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Archive for January, 2014

Rule Changes Tighten Reverse Mortgage Eligibility

January 30th, 2014 by

By Around the Web NOTE: PLEASE ALSO POST ON THE FINANCIAL EDUCATION SITE. THANKS! Reverse mortgages have become increasingly popular in recent years, as cash-strapped seniors seek ways to keep pace with rising expenses -- not to ment... [ Read More ]

ABA Applauds Conferees for Removing Uncertainty on USDA Loans

January 28th, 2014 by

By Around the Web Washington, January 27, 2014 -- We applaud the House and Senate conferees for removing term limits on USDA guaranteed farm loans in the 2014 Farm Bill....( [ Read More ]

Buyers of new homes are seeing more barriers

January 27th, 2014 by

By Around the Web Tight credit and more expensive homes are keeping many buyers of new homes out of the market....(read more)

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Are All Subprime Mortgages Predatory Loans?

January 27th, 2014 by

By Around the Web Subprime mortgages are typically loans with tough terms and high rates. So does this mean all subprime loans are examples of predatory financing? In the usual case the answer is no. Subprime mortgages are a form of ... [ Read More ]

To Rent or Buy: Freddie Mac Helps with Both

January 27th, 2014 by

By Around the Web By Corporate Communications & Marketing VP Sharon McHale Most people will move about 12 times in their lifetime. That might sound like a lot, but throughout their lives, individuals fluctuate between renting a h... [ Read More ]

Housing Questions and the Economy

January 24th, 2014 by

By Around the Web The housing recovery in 2012 and 2013, along with the strong stock market performance, were major contributors to the economy and consumer confidence. In the last few weeks everyone has watched investors become more... [ Read More ]

These 10 U.S. Cities Will Be Even LESS Affordable In 2014, Study Finds (PHOTOS)

January 24th, 2014 by

By Around the Web While this certainly isn't the first time we've made the argument for suburban living , this time we're taking a new approach by looking at the cities that haven't drained your pockets in years past, but are making ... [ Read More ]

No bank too big to indict, US attorney general says

January 24th, 2014 by

By Around the Web No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said....( [ Read More ]

Rout in emerging markets may only be in Phase One

January 24th, 2014 by

By Around the Web LONDON (Reuters) - The flight of investors from the once-booming emerging markets they previously favored with $7 trillion-worth of inflows may have only just begun....( [ Read More ]

US stocks start in retreat as emerging-market currencies fall hard

January 24th, 2014 by

By Around the Web Stocks fell Friday, positioning the S&P 500 for a second weekly drop, as a selloff in emerging-market currencies spooked investors....( [ Read More ]

Freddie Mac Issues Monthly Volume Summary for December 2013

January 24th, 2014 by

By Around the Web Freddie Mac Issues Monthly Volume Summary for December 2013...(read more)

Forward this arti... [ Read More ]

Online lender settles New York lawsuit amid crackdown on massive 'payday' loans

January 24th, 2014 by

By Around the Web NEW YORK (Reuters) - U.S. online lender Western Sky Financial LLC has agreed to pay a $1.5 million penalty and provide refunds to New York borrowers on loans for which it charged interest rates as high as 355 percen... [ Read More ]

Gundlach Counting Rotting Homes Makes Subprime Bear: Mortgages - Bloomberg

January 24th, 2014 by

By Around the Web Gundlach Counting Rotting Homes Makes Subprime Bear: Mortgages Bloomberg The founder of $49 billion investment firm DoubleLine Capital LP is largely avoiding the subprime-mortgage bonds that jumped about 17 percent ... [ Read More ]

Rental-Home Bond Issues May Reach $20 Billion-a-Year, Stark Says - Bloomberg

January 24th, 2014 by

By Around the Web Rental-Home Bond Issues May Reach $20 Billion-a-Year, Stark Says Bloomberg Wall Street may sell more than $20 billion a year of bonds backed by rental homes as investors become comfortable buying securities tied to ... [ Read More ]

Central Station: Global Selloff Sweeps Emerging Markets

January 24th, 2014 by

By Around the Web The Wall Street Journal's Daily Report on Global Central Banks for Friday, Jan. 24 HIGHLIGHTS 1) Central Banks Intervene As Emerging Currencies Get Battered; 2) BOE's Carney Signals Rethink On Forward Guidance; 3) C... [ Read More ]