by Constantine von HoffmanMay 26, 2009
Foreclosure
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The best that can be said about S&P/Case-Schiller numbers out today is maybe home prices can’t fall any faster. Prices for Q1 of this year dropped at 19.1%, .9% more than they dropped in the last quarter of ‘08. [...]
The rising tide of foreclosures has been stopped, at least temporarily. On Friday, Fannie Mae, Freddie Mac, CitiGroup and JPMorgan Chase all announced a moratorium on foreclosures until early March when the U.S. Treasury Department and the Obama Administration are expected to launch a national foreclosure prevention and loan modification program.
Fannie Mae had previously suspended [...]
Is American International Group, Inc.’s (AIG) hosting of a conference for independent financial planners a sign that the company is rising from the ashes with the help of a newly announced bailout from the U.S. Treasury and Federal Reserve or just the latest in a string of high-profile and expensive mistakes?
Two months ago, the U.S. [...]
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