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Personal Finance News

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

3 hrs ago | WZVN-TV Fort Myers

APNewsBreak: BofA reaches $17B settlement with US

Bank of America has reached a record $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday.

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Related Topix: Home, Mortgage, Foreclosures, Banking, Financial Services, CitiMortgage, Citigroup, JP Morgan Chase

6 hrs ago | KTVN Reno

Bank of America Reaches $17 Billion Settlement With U.S.

Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis.

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Related Topix: Home, Mortgage

8 hrs ago | KCRA-TV Sacramento

90% of hospitals and clinics lose their patients' data

Recent data shows 90 percent of health care organizations have exposed their patients' data -- or had it stolen -- in 2012 and 2013, according to privacy researchers at the Ponemon Institute.

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Related Topix: Social Security, Criminal Defense Law, Law, Healthcare Law, Computer Security, Science / Technology

12 hrs ago | The Raw Story

Many Americans who left labor force want to return to work if economy improves

Mike Yack has left the workforce twice in the last eight years and calls himself retired, yet at age 62 the former General Motors employee does not consider his working life over.

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Related Topix: Social Security, Pension, Howell, MI

16 hrs ago | ABC News

Late-Payment Rate on US Mortgages Declines in 2Q

Fewer U.S. homeowners are falling behind on their mortgage payments, a trend that has reduced the late-payment rate on home loans to the lowest level in six years, according to credit reporting agency TransUnion.

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Related Topix: Home, Mortgage, TransUnion, Housing, Foreclosures

Tue Aug 19, 2014

News Observer

Committee approves higher pension calculations

The committee of the California Public Employees' Retirement System board voted 6-2 in favor of adding nearly 100 types of supplemental pay that can be used for calculating pension benefits for public employees hired after Jan. 1, 2013.

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Related Topix: Pension, Retirement, Jerry Brown, US Governors

PC World

Steve Ballmer steps down from Microsoft's board

About six months after retiring as CEO of Microsoft, Steve Ballmer has relinquished his seat on the company's board of directors effective immediately, citing a busy schedule and confidence in the company's current and future financial performance.

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Related Topix: Microsoft, Startups, Retirement

Tri-cityherald.com

Inflation tame, housing starts jump

Headline inflation, as measured by the Labor Department's Consumer Price Index, rose by 0.1 percent in July and 2 percent year-over-year from July 2013.

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Related Topix: Financial Markets, Mortgage, Home

KXLY-TV Spokane

Workers spend more time planning vacation than retirement

Without a doubt, figuring out how to invest the money in your nest egg can be daunting.

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Related Topix: Retirement, Charles Schwab, Investment Services

KXLY-TV Spokane

Jobs listings classifieds

The economic recovery may be continuing, but small business owners aren't ready to put the rose-colored glasses back on.

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Related Topix: Small Business, Greenwood Village, CO

Key 103

Housebuilder Persimmon Profit Jumps 57%

Revenue in the period was also up 33% to A 1.2bn and it said sale completions in the six months were up 28%.

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Related Topix: Mortgage, Home

News Observer

Colorado high court won't hear pension lawsuit

The court issued its decision Monday. Stapleton had appealed to the state's highest court after two lower courts ruled against him.

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Related Topix: Pension

Mon Aug 18, 2014

MyFoxAtlanta

In new book, Ryan takes on stubborn GOP orthodoxy

As Congress hurtled toward a government shutdown in the fall of 2013, Rep. Paul Ryan looked around at fellow Republicans who were agitating to shutter national parks, federal agencies and Head Start programs.

1 comment

Related Topix: US News, US Politics, Republican, US House of Representatives, Paul Ryan, Barack Obama, Social Security, Senator Ted Cruz, US Senate, Healthcare Law, Law

Hampshire Chronicle

Mortgage lending down at Nationwide

Mortgage lending at Nationwide building society fell 9% to A 5.8 billion in the quarter to the end of June The building society said it had also been affected by new home loan rules as gross mortgage lending fell 9% to A 5.8 billion in the first quarter to the end of June.

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Related Topix: Mortgage, Home

Q95.com

Donald Miller disappeared in the 1980s, was declared dead, returned last year.

Though very much alive, Donald Miller Jr. is still legally a dead man ... and yet now his daughters are being hit up for $47,000 in Social Security benefits they received as teens because of his death, the AP reports.

4 comments

Related Topix: Social Security, Weird

News10.net

Health network reports 4.5 million patients had information hacked

A rural health company with hospitals across the nation said Monday that hackers, possibly from China, had gotten the names, addresses, birth dates, Health network reports 4.5 million patients had information hacked A rural health company with hospitals across the nation said Monday that hackers, possibly from China, had gotten the names, ... (more)

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Related Topix: Computer Security, Science / Technology, Social Security, US Securities and Exchange Commission, Financial Services

SanLuisObispo.com

US homebuilder confidence rises in August

In this photo taken July 22, 2014, a construction worker carries a sheet of plywood at the site of a 36-floor high rise condominium in Miami.

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Related Topix: Home Building, Home, Housing, Mortgage

Lexington Herald-Leader

Community Health details attack on patient records

The Franklin, Tennessee, company said Monday that no medical or credit card records were taken in the attack, which may have happened in April and June.

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Related Topix: Medicine, Community Health Care, Hospital Administration, Healthcare Industry, Franklin, TN, Social Security

The Star Press

A third of people have nothing saved for retirement.

A third of people have nothing saved for retirement The new survey shows that 14% of folks 65 and older have nothing saved for their golden years.

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Related Topix: Retirement

KCRA-TV Sacramento

Average cost to raise a child hits $245,000

New parents be warned: It could cost nearly a quarter of a million dollars to raise your child -- and that's not even including the cost of college.

7 comments

Related Topix: Agriculture, Science, US News, United States Department of Agriculture, Home, Mortgage

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