Consumer News and Advice Archive


Op-ed: Mortgage Securitization—A Web of Lies

Monday, October 12th, 2009
RISMEDIA, October 13, 2009—Somebody had to say it. I have been literally begging the question for over two years. Except for some academics and some wild-eyed


Bankruptcies’ Slowdown a Good Sign, But is it Good Enough?

Monday, October 12th, 2009
RISMEDIA, October 13, 2009—(MCT)-In another promising sign of economic recovery, the torrid pace of personal and business bankruptcies slowed


Equity Financing – A Solution to Today’s Housing Crisis?

Sunday, October 11th, 2009
RISMEDIA, October 12, 2009—As the housing market continues to struggle its way toward stabilization, Steve Cinelli, founder and chief strategy officer at PRIMARQ, discusses the notion of equity financing and how he and his team are working with leaders in Washington, D.C., to change the face of real estate. “As the housing market began to crumble and financial institutions began to fail,


Home Price Reduction Levels Stay Above 25% for Fourth Consecutive Month

Sunday, October 11th, 2009
RISMEDIA, October 12, 2009—Trulia, Inc announced that 25.6% of homes currently on the market in the U.S. as of October 1, 2009 have experienced at least one


Foreclosures Move Up-Market

Sunday, October 11th, 2009
RISMEDIA, October 12, 2009—Recently, there’s been a fair bit of anecdotal discussion around the assertion that foreclosures, once a problem just for the sub-prime


Bad Economy Turns Renters into Roommates

Saturday, October 10th, 2009
RISMEDIA, October 10, 2009—Faced with uncertain economic times, renters around the nation are saving money on their monthly housing costs by opting to split a 3-bedroom apartment rather than living alone in more expensive 1-bedroom apartments. MyNewPlace, one of the largest online apartment listing sites, recently conducted a survey of ...


Residents’ Passions About Community Go Beyond Economy

Saturday, October 10th, 2009
RISMEDIA, October 10, 2009—(MCT)-People like where they live for any number of reasons, but there are several stand-out qualities that ignite residents' passion for their communities—and how the area is dealing with the recession isn't one of them, according to a report recently released by Gallup and the Knight Foundation. ...


Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery

Thursday, October 8th, 2009
RISMEDIA, October 9, 2009—The best available tool for sustaining the still-fragile housing market is the $8,000 home buyer tax credit, and it is essential that Congress extend the credit into 2010, the National Association of Realtors® testified at a hearing of the U.S. House Small Business Committee recently.  ...


AAG Announces Legendary Actor Peter Graves as Reverse Mortgage Spokesperson

Thursday, October 8th, 2009
RISMEDIA, October 9, 2009—American Advisors Group (AAG) has selected veteran film and television actor Peter Graves as its spokesperson for a national media campaign beginning Oct. 12. The new television commercials on national cable and broadcast networks will further promote the value and benefits of reverse mortgages for American seniors ...


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