Many feel the foreclosure epidemic is showing no signs of slowing down. As millions of Americans find themselves under water with their mortgages, some organizations and leaders are trying to help. Facing foreclosure is stressful, but there are ways to avoid it. There are several free seminars planned … [Read more...]
Billionaire Developer Revealing truth About Bankruptcy
October 25, 2011 By Leave a Comment
Developer and founder of the prestigious Yellowstone Club in Montana is speaking out about his resort's bankruptcy. Tim Blixseth detailed his life story in an article called "A Billionaire in Big Sky" including his humble beginning living on welfare in Oregon. Blixseth is working on an autobiography … [Read more...]
Study Links Housing Crisis and Health Crisis
October 21, 2011 By Leave a Comment
The housing crisis is creating a health crisis, according to a new study released by the American Journal of Public Health. It's the first long-term survey of the impact the housing crisis is having on older Americans. The study found high rates of depression among those who are behind on their mortgage … [Read more...]
Holidays Already Causing Financial Headaches for Some Consumers
October 20, 2011 By Leave a Comment
Christmas may be a couple of months away, but it's already starting to worry some consumers. A poll conducted by Moneysupermarket.com asked residents in the UK how they're feeling about the impending holidays. Almost two-thirds of those polled say they're worried about how they'll pay for presents and … [Read more...]
Poll: Americans Eliminating Personal Debt and Expect Government To Do the Same
October 19, 2011 By Leave a Comment
Eight in ten Americans believe the federal debt and deficit have a powerful play on their personal finances. The new poll found that Americans are increasingly developing strong feelings about reducing the deficit and stimulus spending. The 10th quarterly Allstate-National Journal Heartland Monitor Poll … [Read more...]
Abandoned Detroit Homes Get Attention
October 14, 2011 By Leave a Comment
Artist Kevin Bauman started photographing abandoned homes in the Detroit area about a decade ago. He saw it as a creative outlet. Photographing these once beautiful homes, left to crumble and burn was amazing, depressing and perplexing to Kevin. Kevin writes that once Detroit was home to more than two … [Read more...]
Home Ownership Rates Second Highest in History
October 7, 2011 By Leave a Comment
The US Census Bureau just released new data showing that the home ownership rate for 2010 is the second highest on record, behind 2000. That's since the collection of this data began in 1890. But home ownership has experienced the largest decline since the period between 1930-1940. In the last ten years … [Read more...]
Are Bank Fees Less at Credit Unions?
October 4, 2011 By Leave a Comment
Bank of America just announced that 38.7 million of its customers will soon receive a $5 fee for swiping their debit cards. The Credit Union National Association is responding with a call to consumers, saying there is another option where fees are lower and service is better. "We want consumers to know … [Read more...]