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Finance, Economy & Government Issues Archive


Economists Predict Recession Will Persist until Midyear

By Diane Stafford ...


Retirement Experts Share Year-End Tax Tips for Senior Citizens

RISMEDIA, Dec. 31, 2008-As the end of a challenging financial year comes to a close, many senior citizens are searching for new ways to save money during their retirement. Retirement expert Eric Bachman and Certified Public Accountant Jeanne Duhe share six year-end tax tips that are simple yet intelligent ways ...


Foreclosure Activity Decreases 7% in November, Still up 28% from 2007

RISMEDIA, Dec. 11, 2008-RealtyTrac®, an online marketplace for foreclosure properties, released its November 2008 U.S. Foreclosure Market ReportTM, which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 259,085 U.S. properties during the month, a 7 percent decrease from the previous month but ...


Fannie Mae Provides New Servicer Flexibility to Help Borrowers Avoid Foreclosure

RISMEDIA, Dec. 10, 2008-Fannie Mae announced a series of actions designed to help borrowers and loan servicers address potential mortgage problems and prevent unnecessary home foreclosures among the more than 18 million single-family loans owned or guaranteed by Fannie Mae. ...


HUD Launches Website to Increase Financial Literacy, Healthy Homeownership

RISMEDIA, Dec. 5, 2008-The U.S. Department of Housing and Urban Development launched a new, comprehensive website to assist Americans with improving financial literacy, sustaining healthy homeownership and achieving financial security. The My Money, My Home, My Future website provides a range of interactive resources to inform users about the importance ...


Can the Government Keep Spending? Most Economists Say Yes

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HUD Issues Guidance on the Fair Housing Act and Sexual Harassment

RISMEDIA, Nov. 26, 2008-The U.S. Department of Housing and Urban Development issued guidance under the Fair Housing Act clarifying what constitutes sexual harassment and the legal remedies available to victims of sexual harassment in housing. HUD's guidance makes clear that as long as an individual demonstrates that the harassment was ...


RealtyBid.com Reports Good News in the Housing Market

Leader in online home auctions received 6,000+ bids during one six-hour period on its way to largest sales month ever ...


For Buyers, Mortgages Harder to Get as Banks Require More

By Michelle Koetters ...


How the Fed’s Lower Rate Affects Consumers

By Vicki Lee Parker ...


Almost 2.5 Million Monthly Foreclosures Prevented by Mortgage Industry

RISMEDIA, Oct. 29, 2008-HOPE NOW, the private sector alliance of mortgage servicers, counselors, and investors that has been working aggressively to prevent foreclosures and keep homeowners in their homes, announced that, due to the continuing efforts of HOPE NOW and the broader mortgage industry, nearly 2.5 million homeowners have avoided ...


Tips for Finding a Financial Adviser

By John Austin ...


How Women are Drastically Affected by the Current Economy

RISMEDIA, Oct. 10, 2008-Anxiety, insomnia, fear-women are being drastically affected by the economic downturn both in their spending habits and their psychological well being, according to a survey by BettyConfidential.com. In the survey of more than 100 women, 75% of respondents indicated that on a scale of 1 to 10 ...


Chase Opens Mortgage Office in Boston’s South End

RISMEDIA, Oct. 6, 2008-Chase, one of the nation's leading residential housing lenders, announced the opening of its second mortgage office in Boston's South End, this one at 1313 Washington Street. ...


Mortgages 101 – Tips to Help Clients Avoid Pitfalls

By Vicki Lee Parker ...


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