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Mortgage Debt

Can Debt Be Good For Your Finances?

SaveUp | Posted 02.06.2013 | Money
SaveUp

Is all debt bad? Not necessarily. Certain types of debt are either beneficial or detrimental as we try to improve our finances.

Real Estate's Biggest Myth Runs Into Fiscal Cliff

Ben Hallman | Posted 01.29.2013 | Business
Ben Hallman

The deduction helps some middle-class families to a modest degree, but it is mostly a giant giveaway to the wealthy. Moreover, there's no evidence to suggest home prices would crash or people would suddenly choose renting over buying if it went away.

The Power of the President

Mike Lux | Posted 01.27.2013 | Politics
Mike Lux

It's not just legal action that is important here either: the regulations being written right now under Dodd-Frank will go a long ways toward either helping or hurting our chances of getting back on the path to a strong economy.

One In Three Homeowners Owes Bank More Than Home Is Worth: Study

Loren Berlin | Posted 10.25.2012 | Money

If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim pictur...

The 10 Most Fraudulent States

24/7 Wall St. | Michael B. Sauter | Posted 02.13.2014 | Business

From 24/7 Wall St.: When times are hard, fraud often gets worse. Americans are under great financial pressure, and there is no shortage of criminals w...

Burdened By Debt? Tell Us Your Story

Posted 03.28.2012 | Business

Burdened by debt? You're far from alone. The financial crisis left millions of American families struggling with their own personal debt crises. T...

Home Loans Can Walk, Your Mortgage Nightmare Explained

Ben Hallman | Posted 05.22.2012 | Home
Ben Hallman

These days home loans, especially loans in default or otherwise in distress, get traded around more often than a mid-career relief pitcher.

Six Signs You May Have Too Much Debt

Jennifer Streaks | Posted 05.05.2012 | Money
Jennifer Streaks

We all carry some form of debt. Whether it be a mortgage, car note or student loans. Where you may run into trouble is when your debt starts to overwhelm and this can happen long before the bill collectors start calling.

Moody's Analyst Blows Whistle On Mortgage Debt Ratings, Allegedly Gets Pay Cut

Reuters | Posted 04.29.2012 | Business

* Ilya Eric Kolchinsky may pursue retaliation claim * Moody's wins dismissal of defamation, other claims * Kolchinsky we...

Regulator Mulling Mortgage Debt Reduction For Bankrupt: Report

Posted 12.21.2011 | Business

The regulator for Fannie Mae and Freddie Mac is actively considering a proposal that would allow for a reduction in the outstanding mortgage debt ...

Fannie, Freddie Regulator Eyeing Mortgage Debt Relief Proposal

Posted 12.27.2011 | Business

The regulator for Fannie Mae and Freddie Mac was reviewing a proposal to help troubled homeowners by forgiving a portion of their outstanding mort...

People Don't Imagine The Worst Until It's Upon Them

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

This is a lesson for investors everywhere. Don't deny reality. Deal with painful policy decisions now. No one thought that U.S. subprime mortgages would infect the entire planet.

Fannie, Freddie May Forgive Mortgage Debt For Some Borrowers: Reuters

James Pethokoukis | Posted 05.25.2011 | Business

Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is abou...

Credit Card Or Mortgage: Consumers

businessinsider.com | Vincent Fernando | Posted 05.25.2011 | Business

Credit history company TransUnion has found that Americans are shifting their priorities when it comes to paying down debt. Consumers are paying down...

Outer Boroughs Pinched By Eonomic Recession

Crain's New York Business | Hilary Potkewitz | Posted 05.25.2011 | Home

For more than a year, economists have been saying that the recession hit New York City late in the game, but recent data from TransUnion shows that po...

By the Numbers

Max Fraad Wolff | Posted 05.25.2011 | Business
Max Fraad Wolff

We don't have limitless time or money. Consider the numbers. Remember that averages hide our inequalities. Inequality and imbalance are the true root causes of the US and global meltdown.

Mortgage Debt Snowballing While Congress Debates Home Rescue Bill

New York Times | VIKAS BAJAJ | Posted 05.25.2011 | Business

When Congress started fashioning a sweeping rescue package for struggling homeowners earlier this year, 2.6 million loans were in trouble. But the pro...

Insurer AIG Posts $5.3B Loss in 4Q

AP | DAN SEYMOUR | Posted 05.25.2011 | Business

NEW YORK — American International Group Inc., the largest insurer in the U.S., lost more than $5 billion in the fourth quarter as bad credit ate...