January, 2010
Homeowner Wants To Walk, Despite New Loan Terms
Thad Salter's home is now worth less than half of its 2006 purchase price of $300,000. Even after his bank modified his mortgage, Salter wondered whether it would be better to walk away from the loan. At least one law professor says he should do just that.» E-Mail This » Add to Del.icio.us
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Saving Money from College Days
Start Right Away
Saving money is an important aspect of life. When it is picked up early it works best in life. Starting to save money is at its best when you do it from college. This is a time when we are taking on more responsibility and leaving childhood behind. The responsibility needs to be ...
The Finanical Effects of Transitioning To Parenthood
When we sit down and think about it, our transition to parenthood has really had a snowball affect on our finances. While before our child I would have easily recognized the expenses of a hospital birth, diapers, formula etc, with a baby there have been a lot less obvious effects on our finances.
Loss of ...
The Volcker Rule: Obama Proposes New Banking Regulations
If President Obama is able to enact the new plan for banks called “The Volcker Rule,” the era of banks too big to fail should be over. Obama has been speaking with former head of the Federal Reserve, Paul Volcker, who is advising the President to adopt a plan different than those suggested by Treasury ...
How to Save Money for Emergencies
A Savings Need
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Saving money in anticipation of life’s difficulties is as old as the concept of money itself. Throughout history, since money was first invented, people have been putting it away in case they needed it. It is realistic to save money. You should have enough money in a savings ...