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.
Germany Continues to Balk at Increasing Europe Rescue Fund
By Marlene Y. SatterGermany’s Foreign Minister Guido Westerwelle said Sunday that comments by Jose Manuel Barroso, president of the European Union’s commission, that the amount of the European rescue fund should be increased were “not helpful.”
January 13, 2011
ECB, England Leave Rates Unchanged Despite Inflation PickupThe European Central Bank left its main interest rate unchanged on Thursday then warned that inflation may remain above its target for months to come.
January 06, 2011
French Bonds Sell Well; China to Buy Spanish DebtClosing out a week of AAA-rated government debt offerings in Europe, France on Thursday placed nearly 9 billion euros ($11.786 billion) of bonds to strong demand, while China would reportedly buy approximately 6 billion euros of Spanish debt.
January 05, 2011
20 Counties Achieve 'AAA' Debt Rating Despite RecessionNew report from Standard & Poor’s finds size, location not a factor.
January 03, 2011
BofA Settles Home Loan Buyback Claims With Fannie, FreddieBank of America Corp. is settling some buyback claims on bad home loans sold to Fannie Mae and Freddie Mac as it attempts to separate itself further from one of the of the housing downturn's biggest headaches.
January 02, 2011
GOP Push Cuts, No Raising of Debt Ceiling; Goolsbee Warns of DefaultAs Republicans on the Sunday talk shows talked of repeal of the health care law and drastic spending cuts, Austan Goolsbee, the chairman of the Council of Economic Advisers, warned against a failure to raise the country’s debt ceiling.
December 22, 2010
Twas an Advisor’s Night Before ChristmasIn a reworking of Clement Clark Moore’s classic, tis the season to be jolly, and to hold off worry about 2011.
December 21, 2010
Mortgage Default Rate Rises in NovemberThe month of November saw the first increase in mortgage defaults since December of 2009, according to data released on Tuesday by Standard & Poor’s and Experian.