Archive for June, 2009

'Vanilla' home loans could benefit borrowers (AP)

Thursday, June 25th, 2009

AP - If President Barack Obama gets his way, consumers who take out mortgages would automatically get a "plain vanilla" loan — such as a traditional 30-year fixed-rate mortgage — unless they opted for a riskier variety.Source:'Vanilla' home loans could benefit borrowers (AP)

Lawmaker accuses Fed of "cover-up" in BofA deal (Reuters)

Thursday, June 25th, 2009

Reuters - The Federal Reserve sought to hide its involvement in Bank of America Corp's acquisition of Merrill Lynch as Merrill's financial condition worsened, the top Republican on the House Oversight and Government Reform Committee said on Wednesday.Source:Lawmaker accuses Fed of "cover-up" in BofA deal ...

Home Owners Insurance — Simple Tips; Huge Savings

Thursday, June 25th, 2009

Some recommendations for cutting down your rates actually compromise the quality of coverage you get and are, therefore, NOT recommended. Nevertheless, you can pay much less for better coverage if you know the things that matter and take necessary precautions. Let's go deeper into this...1. A higher Deductible will result ...

Investing on Bullion Gold Bars and Coins

Wednesday, June 24th, 2009

The word bullion, when applied to precious metals, means bulk forms valued for mass and purity and not at face price as money. Bullion Gold Bars are traded in commodity markets, while gold bullion coins make their rounds amongst collectors. The purity of bullion varies, except for gold 99.99% purity ...

Metals finish higher amid early weakness in dollar (AP)

Wednesday, June 24th, 2009

AP - Gold and other metals gave up some ground Wednesday after the Federal Reserve noted that inflationary pressures would likely remain in check.Source:Metals finish higher amid early weakness in dollar (AP)

Dollar slips ahead of Fed interest rate meeting (AP)

Wednesday, June 24th, 2009

AP - The dollar slipped Tuesday ahead of the Federal Reserve's meeting later this week, despite a report that showed a moderate improvement in home sales.Source:Dollar slips ahead of Fed interest rate meeting (AP)

Obama: Unemployment to rise, need faster spending (AP)

Tuesday, June 23rd, 2009

AP - Amid rising public impatience with an economy now under his watch, President Barack Obama on Tuesday said his administration needs to push money out faster to initiate a recovery and conceded that unemployment would rise above 10 percent.Source:Obama: Unemployment to rise, need faster spending ...

Meltdown 101: Reform plan's impact on consumers (AP)

Tuesday, June 23rd, 2009

AP - American consumers have fallen victim to one financial scandal after another in the past decade, from accounting fraud at Enron to illegal late trading by mutual funds to the subprime mortgage meltdown.Source:Meltdown 101: Reform plan's impact on consumers (AP)

Wall Street hit by economic, consumer jitters (Reuters)

Tuesday, June 23rd, 2009

Reuters - U.S. stocks slipped on Tuesday as mixed economic data and Best Buy's disappointing sales spurred worries about an anemic recovery.Source:Wall Street hit by economic, consumer jitters (Reuters)

Judah Hertz - From Small Town New York to Multi-Million Dollar Real Estate Firm

Tuesday, June 23rd, 2009

You might or perhaps not have heard of Judah Hertz. If you want to hear how your normal Joe went from small town New York to big city riches, you want to hear about him. Hertz Investment Group is owned and run by Judah Hertz. Hertz Investment Group is a ...