Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Pressed for Cash, Older Boomers Turn to Reverse Mortgages
By Bill CoffinA new study from the MetLife Mature Market Institute shows that the average age of reverse mortgage users is plummeting, as Boomers increasingly turn to the device as a standard financial planning option.
March 09, 2012
Greece Gets 95% Participation in Debt SwapGreek Finance Minister Evangelos Venizelos was quoted saying, The debt-swap results show that international markets see the prospects the Greek economy has to regain a sustainable fiscal situation.
March 06, 2012
Medical Bills Can Wreck Credit, Even When Paid OffThink paying doctor bills is enough to keep your credit clean? Think again.
March 06, 2012
Medical Bills Can Wreck Credit, Even When Paid OffThink paying doctor bills is enough to keep your credit clean? Think again.
March 05, 2012
The End of Ownership: Why Aren't Young People Buying More Houses? (The Atlantic)Despite richer couples, cheaper mortgages and a lot of unwanted houses, young home owners are on the decline.
March 02, 2012
Fellow Advisors, All Your Models Are ‘Garbage’: John MauldinAfter the developed world, and eventually even the U.S., deleverages, asset allocation models can be brought back. Is France the next Greece, or is it Japan?
February 29, 2012
ECB Offers Cheap Loans AgainThe European Central Bank once again offered cheap three-year loans to banks in the euro region, which quickly soaked up 529.5 billion euros ($712.2 billion) in funding. Analysts had expected the amount to total 470 billion euros.
February 22, 2012
Greece to Force Cuts on BondholdersThe bill, called Collective Action Clauses, will impose the debt swap of existing bonds for new, lower-value debt with lower coupon rates on Greece's creditors.