Mortgage rates end year up
Mortgage rates ended the year up slightly, according to Freddie Mac . The 30-year, fixed-rate mortgage averaged 5.14 percent on Dec.
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BofA’s new CEO faces huge loan losses
Brian Moynihan takes over Friday as Bank of America Corp.'s new chief executive.
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Goldfinger strip club faces foreclosure
The Goldfinger strip club in Riviera Beach could be stripped of its property. North Miami Beach-based JC Investment Funding filed a foreclosure action against MCJC Development, IGF Entertainment and managing members Michael Del Percio and Leonard Del Percio.
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Gov’t moves closer on fresh aid to GMAC
GMAC Mortgage Corporate Headquarters is seen March 23, 2006 in Horsham, Pennsylvania.
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Scandals seen sparking zeal in 2010
The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say, as U.S. officials respond to past failures.
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Financial scandals of ‘09
The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say.
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Home prices rise again in October
Home prices rose for the fifth month in a row in October, but the recovery continues to be uneven with only 11 of the 20 metro areas tracked showing gains.
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Mortgage rates jump past 5% in Arizona
Thirty-year fixed mortgage rates jumped over the 5 percent mark in Arizona last week.
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Tax tip this year: Cut your losses
The new year is just around the corner, all the more reason to take steps in the last few days remaining of 2009 to help lower your income taxes.
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Back Porch
Ben Bernanke “These measures are very much out of step with the global consensus on the appropriate role of central banks, and they would seriously impair the prospects for economic and financial stability in the United States.” - Federal Reserve chairman, in a Washington Post op-ed on proposals in Congress that would strip the Fed […]