The Greek financial saga is the tip of an iceberg of problems of public-debt sustainability for many advanced economies, and not only the so-called PIIGS (Portugal, Italy, Ireland, Greece, and Spain). Indeed, the OECD now estimates that public debt-to-GDP ratios in advanced economies will rise to an average of…
Each year, my wife and I give a certain portion of our income to charity. We usually select a few charities to help out at the start of the year and donate a significant amount to that small handful of charities. This helps us budget our charitable giving throughout…
The total number of Orange County homes scheduled for foreclosure auctions, which hit a high of 10,514 as of December 2009, have been nudging downward in the first three months of 2010. Still, there were more than twice as many pending trustee sales last month compared to March 2009. Here’s the past year…
The Department of Transportation (DOT) reported today that vehicle miles driven in February were down from February 2009: Travel on all roads and streets changed by -2.9%(-6.3 billion vehicle miles) for February 2010 as compared with February 2009. Travel for the month is estimated to be 212.9 billion vehicle miles.…
Using out any sort of undesirable credit history finance desires mindful concern and is a thing that surely will need to not be rushed into with no thorough analysis. The terms and disorders of most types of bad credit lending are extremely different to those people of standard large…
An update on Greece: The IMF team was delayed arriving in Greece because of the ash from the Iceland volcano, meanwhile the Bundesbank president was quoted as saying Greece may need more aid. Also the German Finance Minister was quoted in Der Spiegel: “We cannot allow the bankruptcy of a…
There will be no Surefire 2.0 Webinar today, unfortunately . We launched the Early Adopter Version of our new Surefire 2.0 Contact Management System last week – and we got a lot of extremely valuable feedback from those of you who took the time to take it for a…
For quite a while on Facebook, I’ve been following a friend’s attempts at getting into better shape. He’ll post several updates about going to the gym regularly, how great his diet is right now (”I just ate two grapefruits for lunch.”), and so on. Then I’ll see an update…
From Austin Kilgore at HousingWire: Fannie Shortens Wait for Some Distressed Borrowers to Get New Loans Fannie Mae announced it is reducing the wait time for some borrowers between when they complete a short sale or deed-in-lieu of foreclosure transaction and when they can obtain a new mortgage. Previously, a…
Coming up on two years after the federal SAFE Mortgage Licensing Act was passed, many states are still in the process of implementing new laws that more tightly regulate mortgage brokers. To comply with SAFE, states must craft new laws that require licensing, testing, and ongoing broker education. Each state…