I’ve seen several houses in my area go into foreclosure over the last 12 months. The economy and over-inflated housing prices, coupled with predatory lenders and some very bad deci
Many people have put their vacation on hold with the current economic downturn, or are searching for alternative ways to travel on the cheap. Other people yet are looking to earn s
I started out the home buying process by scouring the internet for information and hitting up the local library. I read 8 or 9 books and countless blogs and websites and still cou
I've recently heard from several people who want to buy a house and are thinking that now may be the time. In particular, they're worried that waiting might cause them to "miss th
This week the United States Treasury announced the Legacy Loans Program. The program is meant to be a partnership between the government and private investors to clear "toxic" ass
Drive down one of the many residential streets in the nation and it is likely you will find one with multiple listings. It may look like a lot of possibilities if you are in the ma
Today the Obama administration officially released the final details of the mortgage plan that was announced a few weeks ago. Here is a quick summary on what is in the plan and h
A few weeks ago I wrote an article about checking your mortgage statement, and interestingly enough my family was recently confronted with an erroneous mortgage statement. This is
Today President Obama announced a new $75 billion Homeowner Affordability and Stability Plan to the world. It is touted as a plan that helps responsible homeowners who have not
This week the Federal Trade Commission sent out around $28 million in redress checks to more than 86,000 customers of Bear Stearns and EMC Mortgage Corporation. Apparently EMC Mor
Any institution that wants to fund mortgages has a problem. They want to lend the money out for thirty years, but the money they have to lend comes from deposits that can be withdr
Recently I read an enlightening story in the New York Times about the Pu'er tea bubble in Yunan, China. The burgundy fermented teas fetched prices of $150 a pound at the peak, but
The borrow-at-a-low-interest-rate-and-invest-to-get-greater-returns mentality was so embedded in our belief system that there almost seemed to be a stigma attached to not carrying
It seems like new variations of the Nigerian 419 scam pop up every week. The one that caught my attention recently involved renting a home, and it’s a nasty trick that could take a
Lately many tenants across the United States who faithfully paid their rents on time were surprised to find eviction notices tacked on their doors because their landlords have not
It seems like everyday the folks in Washington are rolling out a new plan to fix our economy. The Federal Reserve is running out of room to cut their federal funds rate, so now th
With the economy tanking, more and more people will be not just losing their job, but will be finding themselves without one for an extended period. When that happens it's not goo
While this might be the biggest economic disaster of our generation, it might not be the big bad wolf that we all think it is. Quite the contrary, this little financial lesson migh
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