Hope Now: What Is It? HOPE NOW is a private sector alliance of mortgage servicers, non-profits, counselors, and investors that have assisted many homeowners avoid foreclosure. They have developed a new program in conjunction with the U.S. Treasury, the Federal Housing Finance Authority, Fannie Mae, Freddie Mac and other mortgage loan servicers for “at-risk” homeowners. […]
Home Prices Expected to Fall Even More
Home Prices Expected to Fall Even More Home prices are down 20% nationwide since their peak in July 2006, according to the S&P/Case-Shiller home price index. Economist Nouriel Roubini of New York University, who accurately predicted the housing slide and credit crisis, expects another 20% decline in home prices in the next year. Patrick Newport […]
Homeowners Under Water
Homeowners Under Water ationwide, almost one out of every five homeowners with a mortgage owes more to their lender than their properties are worth. But if you subtract the states where nearly 60% of all homeowners are "under water" (owing more on their mortgage than the home is worth), which includes California, Florida, Arizona, Georgia […]
Temporary Jobs: The Best 5
Temporary Jobs: The Best 5 With the holidays just around the corner, and the economy in bad shape, many people are looking for ways to find that extra shopping money this year. Our Money editor, Stacy Johnson, has a few ideas for finding the best temporary jobs, and even temporary jobs that could lead to […]
Bad Insurance Buys
Bad Insurance Buys Modern life isn’t cheap… so it pays to make sure you’re not wasting money on anything. And that includes insurance. Are you paying for unnecessary insurance? Money Editor Stacy Johnson helps you find out in this short (1:26) video… If you have questions or comments about this article, please use the "Comment" […]
Pending Home Sales Fall in September
Pending Home Sales Fall in September The Pending Home Sales Index for the month of September fell 4.6% to 89.2 after climbing 7.4% in August, according to the National Association of Realtors (NAR). Still, the index was up 1.6% from a year ago. The NAR report said the dip in sales was tempered by a […]
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