Is all debt bad? Not necessarily. Certain types of debt are either beneficial or detrimental as we try to improve our finances.
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.
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.
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...
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? You're far from alone. The financial crisis left millions of American families struggling with their own personal debt crises. T...
These days home loans, especially loans in default or otherwise in distress, get traded around more often than a mid-career relief pitcher.
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.
* Ilya Eric Kolchinsky may pursue retaliation claim * Moody's wins dismissal of defamation, other claims * Kolchinsky we...
The regulator for Fannie Mae and Freddie Mac is actively considering a proposal that would allow for a reduction in the outstanding mortgage debt ...
The regulator for Fannie Mae and Freddie Mac was reviewing a proposal to help troubled homeowners by forgiving a portion of their outstanding mort...
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.
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 history company TransUnion has found that Americans are shifting their priorities when it comes to paying down debt. Consumers are paying down...
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...
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.
When Congress started fashioning a sweeping rescue package for struggling homeowners earlier this year, 2.6 million loans were in trouble. But the pro...
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...
