Many in the US weren't happy at all when the federal government had to bail out the bank and automotive industry when things went south. Homeowners have been given many ways during the economic...
Interbank lending benchmark Libor needs a large technical overhaul in which banks introduce automated calculations based on real market data, according to experts, in order to avoid the continued...
The recession that took place a few years ago almost put the kibosh on housing equity loans. But now with the economy recovering from the shock waves of that crisis, lending for residential purposes...
US Senator Kirsten Gillibrand is pressing a new legislation that could help millions of people in the US struggling under student loan debit. The Federal Student Loan Refinancing Act would allow...
One of the first historically recorded speculative bubbles happened with tulip bulbs in the Netherlands in the 1630s, when intense speculation caused an investor mania for the flower. ...
The Royal Bank of Canada is a source of lending and an asset builder for most Canadians. They rely on its value in their daily lives as a trustworthy enterprise. The large-scale bank cut its half-...
SolarCity bets on new kind of financing _ selling bond-like securities to retail investors NEW YORK (AP) — Solar panel installer SolarCity is turning to retail investors for cash. The...
On paper, Energy Upgrade California looks like a sure winner. Under the program, California utilities have been offering qualified homeowners $4,500 in matching funds to make their homes more energy...
Many people, including myself, dream of having a “mortgage burning” party the week they retire. The very thought of making my last mortgage payment makes me jump for joy. No mortgage payment means...
Here’s a startling statistic: the number of homeowners who owe more on their mortgage than their home is worth is greater than the number of residents in most states. According to the latest report...