( Blogger’s note: The following is a guest post from Register colleague Mark Eades. This Sunday, and probably sooner online, the Register is running a bigger story I did on loan mod companies taking fees and doing little or nothing to help consumers. And Eades recently reported on a…

This is the third of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover , where this book on debt reduction is teased apart and looked at in detail. This entry covers the fourth chapter, finishing on page 76. The next entry,…

For the last I year I have been writing – on alternate months – a column for Project Syndicate (a syndication service that published such columns in hundreds of newspapers around the world): we alternated one month Bob Shiller and the other month myself. Now this column has become…

A study of 3.5 million mortgages nationwide found that in June loan servicers held 32,000 foreclosure sales, with an average loss of 64.7% of the original loan balance. Alan White, an assistant professor at the Valparaiso University law school in Indiana, looked at subprime and alt-A mortgages written from…

Happy 4th to all! Now back to regularly scheduled programming… Glenn Gray discovered a way for his bank to grow amid the deepest recession in decades. The chief executive of Sunwest Bank in Tustin decided to expand his company by buying the operations of a failed rival. Gray, 55,…

Tony D’Aloisio chairman of ASIC and Paul Clitheroe chairman of the Australian Government Financial Literacy Board , last week launched Thinking of using the equity in your home? A new independent guide to reverse mortgages and other equity release products. ASIC’s new guide is designed to assist people who are…

About a week ago, I challenged my followers on Twitter to give me their best single piece of money advice in ten words or less . I was flooded with responses. After spending quite a bit of time sifting through them, here are the fifty best pieces of advice…

From the WSJ: Ten States Race to Finish Budgets Ten states were scrambling Monday to pass budgets before a Tuesday deadline, with a handful — including Arizona, Indiana and Mississippi — facing the possibility of partial shutdowns if their legislatures don’t act in time. … Personal income-tax collections, which account…

There will be a flood of data released over the next three days, including the June employment numbers on Thursday. Other highlights include Case-Shiller house prices tomorrow and auto sales on Wednesday. Several analysts expect an increase in auto sales in June, compared to May, on a seasonally adjusted annual…

Given all the recent attacks, I’d be remiss if I didn’t write something about Bernanke, but first … I’ve been a regular critic of Ben Bernanke. I thought he missed the housing and credit bubble when he was a member of the Fed Board of Governors from 2002 to 2005.…