Tag Archives: Subprime mortgage crisis

$9.3B BofA Settlement

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It’s been an expensive road to recovery for Bank of America as the company settles yet another multi-billion mortgage case. The nation’s second largest bank agreed to pay a whopping $9.3 billion to...

Can Apple, Fed, Calm Stocks Amid Perfect Storm?

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Many stock market investors have been looking for an excuse to take some profits off the table after the 30% gains of 2013 — and my, oh my, did the markets provide excuses in the past few days. And...

Week Ahead: Fasten Seatbelts For Earnings, Indicators & Budget Fight

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Stock markets shrugged off Friday’s confusingly low U.S. job creation numbers – so let’s see how they cope with an onslaught of news this coming week in the shape of big company earnings, economic...
    






New York Times Attacks Expert Who Opposes `Speculation’ Lawsuits

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The New York Times had an expose Friday about academics who — stop the presses! — supplement their university salaries by doing consulting work on the side. The problems with this story by reporter...
    






Tax Break Ending For Underwater Homeowners: Is It The Right Time?

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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...
    






Housing Outlook 2014: 10 Predictions From The Experts

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In 2013, the housing recovery was a welcome bright spot on the economic pages: prices were shooting up, fewer homeowners were underwater, and builder confidence was finally on the upswing. It’s...
    






Entrepreneur-in-Residence Program is Launched in San Francisco

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San Francisco has just got what is needed most in these days. Even President Obama demands for it. Yes a very first Entrepreneur-in-Residence program is launched in San Francisco. The motto of this...