5 hot mortgage trends for late summer
As the sun sets on summer, these five mortgage trends are likely to remain hot this autumn.
Read more on Bankrate.com via Yahoo! Finance
Man charged in alleged loan refinancing scam
DENVER – A mortgage company employee was formally charged with multiple…
Along with summer comes changes to student loans
Among this year’s changes is a big one: All federal student loans will come directly from the government.
Read more on Minneapolis-St. Paul Star Tribune
Student Lenders Cited For Violating Federal Inducement Rules
Student Lenders Cited For Violating Federal Inducement Rules…
Note: earlier Employment post: Employment Report: 247K Jobs Lost, 9.4% Unemployment Rate . The earlier post includes a comparison to previous recessions. Stress Test Scenarios Click on graph for larger image in new window. This graph shows the unemployment rate compared to the stress test economic scenarios on a quarterly…
From Costar: Post Office Looking at Consolidation of 3,243 of its 4,851 Largest Branches and Stations (ht John) The Postal Service sent a notice to American Postal Workers Union executives this summer that it was considering consolidation options in every major metro market in the country and would consider closing…
The FDIC closed five more banks on Friday, and that brings the total FDIC bank failures to 69 in 2009. The following graph shows bank failures by week in 2009. Click on graph for larger image in new window. Note: Week 1 on graph ends Jan 9th. The pace has…
In April and May, National Public Radio featured a series on inexpensive gourmet dishes entitled “How Low Can You Go?” Although many of the dishes looked quite tasty, most of the dishes weren’t actually all that inexpensive, often narrowly getting below $10 to feed a family of four, and…
From The New York Times : LAST week Ben Bernanke appeared before Congress, setting off a discussion over whether the president should reappoint him as chairman of the Federal Reserve when his term ends next January. Mr. Bernanke deserves to be reappointed. Both the conventional and unconventional decisions made…
In April and May, National Public Radio featured a series on inexpensive gourmet dishes entitled “How Low Can You Go?” Although many of the dishes looked quite tasty, most of the dishes weren’t actually all that inexpensive, often narrowly getting below $10 to feed a family of four, and…
NOTE: The seasonally adjusted weekly claims numbers is being impacted by the layoffs in the automobile industry. Usually auto companies cut back production in the summer, and the numbers are adjusted for that pattern – but this year the companies cut back much earlier. This distortion appears much smaller this…
Since I’ve been dropping little hints for a while now that I’m deeply engrossed in my second book, several folks have emailed and Twittered me asking for more details. Here’s what I’ll say about it (for now). This book is complicated. It’s the hardest thing I’ve ever written in…