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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

2 hrs ago | KION 46

Stocks end mixed after pops and drops

Despite strong economic growth and no major surprises from the Federal Reserve, the bulls couldn't quite get it together Wednesday.

Comment?

Related Topix: Financial Markets, Home, Mortgage

6 hrs ago | Business Journal

Bank of America ordered to pay $1.3B fine in mortgage 'Hustle' case

Bank of America Corp. has been fined $1.3 billion after being found guilty of a Countrywide scheme to sell suspect mortgages to Fannie Mae and Freddie Mac.

Comment?

Related Topix: Home, Mortgage, Banking, Bank of America, Financial Services

7 hrs ago | KMIZ

Federal Reserve stays on cruise control

The central bank has been gradually reducing, or tapering, its monthly bond purchases since January.

Comment?

Related Topix: Financial Markets, Mortgage, Home

7 hrs ago | WSFA-TV Montgomery

Correction: Debt Study story

In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file.

Comment?

Related Topix: Urban Institute, Technical Services, Home, Mortgage, Credit Card Debt, Texas

7 hrs ago | The Washington Post

Text of the Federal Reserve's statement Wednesday

Information received since the Federal Open Market Committee met in June indicates that growth in economic activity rebounded in the second quarter.

Comment?

Related Topix: Financial Markets, Home, Mortgage, US Politics, US News

11 hrs ago | WTOC-TV Savannah

Adoptive parents of Erica Parsons arrested, face 76 charges

The adoptive parents of Erica Parsons have been arrested exactly one year after the missing Rowan County teenager was reported missing.

Comment?

Related Topix: Rowan County, NC, Social Security

16 hrs ago | National Mortgage News

Homeownership Falls to 19-Year Low Amid Credit Crunch

The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market.

Comment?

Related Topix: Mortgage, Home

20 hrs ago | KRVN-AM Lexington

YouTube Comedy Star Pays Off Parents' $340,000 Mortgage

Timothy DeLaGhetto typically entertains his 2.5 million subscribers with sex jokes and television parodies.

Comment?

Related Topix: Home, Mortgage, Paramount, CA

Tue Jul 29, 2014

West Australian

Genworth flags up to $250m FY profit

SYDNEY, July 30 AAP - Mortgage insurer Genworth has flagged a full year profit of up to $250 million amid higher premiums as a strong property market leads to fewer claims.

Comment?

Related Topix: Mortgage, Home

Times Herald

YouTube celeb thanks parents by paying off their mortgage

Timothy DeLaGhetto posted a YouTube video Monday as he presented his parents with a check of $210,000 to pay off their mortgage.

Comment?

Related Topix: Home, Mortgage, Long Beach, CA

Tri-cityherald.com

Appeals court rejects tax challenge to Obamacare

The Pacific Legal Foundation and a small-business owner, Matt Sissel, argued that the Affordable Care Act is a bill for raising revenue and that it violated the Origination Clause of the Constitution because it began in the Senate, not the House.

Comment?

Related Topix: Small Business, District of Columbia Circuit Court of Appeals, US News

Vallejo Times-Herald

Fed is weighing key issues but may reveal little

This much is clear: The Federal Reserve will make another cut this week in its monthly bond purchases, which have been aimed at keeping long-term loan rates low.

Comment?

Related Topix: Home, Mortgage, Ben Bernanke

KMIZ

Home price increases continue at slower pace

The S&P/Case-Shiller home price index, a closely watched measure of home values.

Comment?

Related Topix: Housing, Home, Mortgage, Foreclosures

The Modesto Bee

US home price gains slow for 6th straight month

The Standard & Poor's/Case-Shiller 20-city home price index, released Tuesday, increased 9.3 percent in May from 12 months earlier.

Comment?

Related Topix: Housing, Tampa, FL, Home, Mortgage, Business News

West Australian

UBS says books 254 million euros against second quarter to settle one German tax probe

The Zurich-based lender's offices in Germany were searched last year as part of an investigation of 750 cases involving foundations, a probe sparked by a CD with details of UBS clients that was purchased by the German state of North Rhine-Westphalia .

Comment?

Related Topix: Home, Mortgage

MyFoxAtlanta

Despite good news, benefit programs face problems

Acting Social Security Commissioner Carolyn Colvin, right, speaks at a news conference at the Treasury Department in Washington, Monday, July 28, 2014, to discuss the release of the annual Trustees Reports.

Comment?

Related Topix: Social Security, US News, US Treasury, Medicare, Health, Retirement, US Politics, Dave Camp, Republican, US House of Representatives

Mon Jul 28, 2014

Bellingham Herald

Study: 35 percent in US facing debt collectors

These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid.

Comment?

Related Topix: Urban Institute, Technical Services, Home, Mortgage, Texas, San Jose (Jacksonville, FL)

This Is Lancashire

Cancer cash fraud woman faces jail

An NHS worker is facing jail over a fraud that saw hundreds of thousands of pounds meant for vital cancer drugs fleeced from a world renowned hospital and used on shopping sprees and mortgage payments.

Comment?

Related Topix: Home, Mortgage, Greater London County, England

News Observer

Business Highlights

Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.

Comment?

Related Topix: Home Listing, Home, Real Estate, Vladimir Putin, Mortgage, Housing

Bellingham Herald

Lloyds bank settles with US, UK over market fixing

Lloyds, one of the world's largest banks, on Monday became the sixth financial firm sanctioned in the international rate-rigging scandal.

Comment?

Related Topix: Lloyds TSB Group, Financial Services, Home, Mortgage

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