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.
Deciphering the Fed's Stress Tests
By Kate McBrideThe Fed outlined methodology and resulting need for more capital at the 19 largest U.S. bank holding companies.
February 28, 2009
Beware unlicensed "specialists"Millions of Americans have lost their homes in the current foreclosure crisis. Millions more stand to do so in the future. But they should think twice before doing business with so-called mortgage modification specialists. Such entities, regulators
February 24, 2009
Stimulus bill raises reverse mortgage limitPresident Obama's recent economic stimulus bill will give older Americans access to greater equity in their homes. The bill will raise the Home Equity Conversion...
February 17, 2009
My Poor Rich Uncle: College Loan Company BankruptThe private loan company files Chapter 7
February 02, 2009
Lending in a recession100%: Percentage of survey respondents in the Federal Reserve's October survey who said they applied more rigorous standards to subprime loans. 90%: Percentage who said they had tightened standards on nontraditional mortgages like alt-A lo
February 01, 2009
Too Small To Compete, Too Big To FailAs I write this, we have a new president who is promising initiatives to cure the current economic crisis.
January 16, 2009
Housing Data Show Reverse Mortgage IncreaseThe number of federally insured reverse mortgages closed in 2008 grew to 115,176 loans, up 6.4% over the 2007 total.
December 23, 2008
Liddy: 70% Of AIG Must Be Sold To Pay Back LoanAmerican International Group Inc.'s top executive says 70% of the company must be sold off to repay its federal loan.