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Monthly Archives: November 2012

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Promising debt numbers from the Federal Reserve Bank

Promising debt numbers from the Federal Reserve Bank

Data from the Federal Reserve Bank shows some promising figures regarding American debt: Household debt fell $74 billion in the…

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Hostess bankruptcy: From Chapter 11 to Chapter 7?

Hostess bankruptcy: From Chapter 11 to Chapter 7?

Crowds of people are hitting grocery stores. Instead of buying preparations for Thanksgiving meals, however, they are buying Twinkies. Last…

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How are states spending mortgage foreclosure settlement funds?

How are states spending mortgage foreclosure settlement funds?

When the national mortgage-foreclosure settlement against the biggest mortgage companies yielded $135 million for Texas, housing advocates and distressed homeowners…

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HARP refinancing: Freddie Mac erected barriers

HARP refinancing: Freddie Mac erected barriers

According to new information recently disclosed by Freddie Mac officials, the mortgage company intentionally made it harder for Americans to…

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More seniors in debt, filing for bankruptcy

More seniors in debt, filing for bankruptcy

In the past few years, there have been many reports showing that the economy is as hard on senior citizens…

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