The Latest Debt & Finance Blog
Sandy the Superstorm is still winding its way through the Northeast – it’s the biggest and baddest tempest the heavens have unleashed in a generation. But scientists warn that it…
What if the federal government nationalized the mortgage industry and became the sole originator, servicer, guarantor and holder of all home loans across the country? You know, sort of a…
As Hurricane Sandy creeps toward the Eastern Seaboard at 14 mph, millions of people living in coastal states – especially New York, New Jersey, Delaware and Connecticut – are preparing…
The Consumer Financial Protection Bureau (CEPB) continues to flex its administrative muscles. Beginning in January, the year-old federal agency created in the wake of the recent financial crisis will begin…
The United States Department of Justice sued Bank of America today for more than $1 billion, accusing the company of deliberately generating substandard home loans and selling them to Fannie…
The final presidential debate was supposed to be about foreign policy, but President Barack Obama and challenger Mitt Romney preferred to talk about domestic issues, including a slow-to-recover U.S. economy.
Earlier this year, the federal government, the District of Columbia and 49 state attorneys general negotiated a financial agreement with five of the country’s largest banks: Ally (formerly GMAC), Bank…
As the countdown to Election Day continues, President Barack Obama and Republican candidate Mitt Romney diligently prepare to duel in their final televised debate tonight. Millions of Americans plan to…
The price of an education has risen once again, along with the amount of debt students take on by the time they reach graduation. According to The Institute for College…
With only three weeks left until Election Day, President Barack Obama and Republican challenger Mitt Romney went head-to-head Tuesday night in the second of three planned presidential debates. Held at Hofstra…