Economy - Most Commented


Maryland AG on $25 billion mortgage settlement

Feb 9, 2012
Federal and state authorities have reached an agreement with big banks on abusive foreclosure practices. What does this mean for states like Maryland?
Posted In: Housing, foreclosure, subprime, mortgage settlement

Economic confidence lags from state to state

Feb 9, 2012
The national mood about the economy is one thing, but what states have the best, and worst, confidence about the direction of the economy?
Posted In: Gallup, consumer confidence, Rhode Island, Jobs

Deal reached over abusive foreclosure practices

Feb 9, 2012
Nearly all the states and the federal government, and five of the nation's largest banks, have reportedly reached a $25 billion settlement over abusive foreclosure practices. Around 750,000 victims of foreclosure fraud will get checks for just about $1,800.
Posted In: Housing, mortgage, foreclosure

Banks to dole out compensation to homeowners

Feb 9, 2012
A settlement has been reached between state attorneys general and five major banks, but the problems of the housing market in the U.S. are far from over.
Posted In: Housing, foreclosure, bank, mortgage, mortgage settlement

PODCAST: Foreclosure closure

Feb 9, 2012
The Obama administration and almost every state have reached a settlement with the country's largest banks over allegations of abusive foreclosure practices. We check in with the Mayor of Los Angeles on his vision for the city, which is the second largest metro area in the U.S. A new survey out by the Pew Research Center shows that young adults have been hurt the most in the recession. And bankruptcy lawyers are warning that the latest "debt bomb" will come from student loans.

How do Americans feel about the banks?

Feb 9, 2012
Americans' feelings on the foreclosure deal, banks and whether they should worry about the European debt crisis. Gallup's Frank Newport offers up the latest data.
Posted In: foreclosure, Banks, Greece

$25 billion foreclosure settlement announced

Feb 9, 2012
Five big banks punished for illegal lending practices.
Posted In: mortgage crisis, robosigning, President Obama, foreclosures, Housing

States, banks reach $25 billion mortgage settlement

Feb 9, 2012
State and federal authorities unveil a $25 billion deal with big banks to address foreclosure abuses and to aid underwater homeowners.
Posted In: Housing, foreclosure, mortgage settlement

A little risk in the portfolio could be worth it

Feb 8, 2012
The markets will always have their ups and downs, but Josh Brown of Fusion Analytics thinks the best way to prepare for a long retirement is to keep a little risk in your portfolio, especially as markets are looking up.
Posted In: stock market, Retirement, stocks

Some banks offer extra incentive to short sell homes

Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Posted In: short sell, foreclosure, JPMorgan, underwater mortgage