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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

50 min ago | KION 46

Citi inks $7 billion mortgage settlement

Citigroup agreed to pay $7 billion to settle charges that it packaged bad mortgages during the run-up to the financial crisis.


Related Topix: Home, Mortgage

5 hrs ago | Myrtle Beach Online

Morgan Stanley paying $275M to settle SEC charges

The Securities and Exchange Commission announced the settlement Thursday with the Wall Street bank.


Related Topix: Stanley, Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage, Financial Markets, Business News

7 hrs ago |

US new-home sales plummet in June

New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday.


Related Topix: Housing, Mortgage, Home Buying

7 hrs ago | Bellingham Herald

Average US 30-year mortgage rate at 4.13 pct.

Mortgage company Freddie Mac says the nationwide average for a 30-year loan was 4.13 percent, unchanged from last week.


Related Topix: Mortgage, Home

11 hrs ago | The Modesto Bee

Pacino, Dafoe set for Venice Film Festival

Organizers on Thursday announced a 20-strong competition lineup that includes Ramin Bahrani's subprime mortgage drama "99 Homes," with Andrew Garfield and Laura Dern, and Andrew Niccol's "The Good Kill," starring Hawke as a dissatisfied drone operator.


Related Topix: Home, Mortgage

11 hrs ago | Hallam FM

Deep Debt Warning Issued As Rate Rise Looms

The number of households creaking with crippling debts may double over the next four years, a think-tank has warned.


Related Topix: Mortgage, Home

13 hrs ago | Contra Costa Times

Barnidge: Not every change in Lafayette is coming at a breakneck pace

Lafayette residents upset at how quickly new construction is changing their town can find solace in the snail's pace of the development formerly known as the Terraces of Lafayette.


Related Topix: Lafayette, CA, Richmond (San Francisco, CA), Home, Mortgage, Richmond, CA

Wed Jul 23, 2014

Leighton Buzzard Online

Homeless charity Shelter's helpline needs more volunteers

Housing and homelessness charity Shelter has launched an appeal calling for urgent support of its advice helpline, as the number of calls taken from people struggling to pay for their homes in the South East soars by over 69% in the last two years.


Related Topix: Mortgage, Home

SEC considering action against S&P over ratings

S&P's parent McGraw Hill Financial Inc. disclosed in a regulatory filing that it has received a so-called "Wells Notice" from staff of the Securities and Exchange Commission.


Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Home, Mortgage

The Town Talk

Social Security spent $300 million on 'IT boondoggle'

Six years ago, the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.


Related Topix: Social Security, McKinsey, Consulting, McKinsey & Company, US Politics, US News, Republican, US House of Representatives, Darrell Issa, Representative Jim Jordan, Representative James Lankford

Former trader gets 2 years in prison for fraud

"This was a market that was dead in the water," Judge Janet Hall told Litvak. "This was a market that existed because of taxpayer money and you were in effect taking advantage of it through fraud."


Related Topix: Prison, Criminal Defense Law, Law, Home, Mortgage, Financial Markets

Northern Michigan News

US economy, though sluggish, may now be sturdier

Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.


Related Topix: Credit Card Debt, Home, Mortgage, University City, MO

San Jose Mercury News

Fair Trade brings big sales and a clear conscience

Ninety percent of the coffee the New York-based company sells is Fair Trade -- certified as produced by people who are treated and paid well.


Related Topix: New York, Small Business, Marketing, Business News


NY judge throws out lawsuit by Empire State Building investors

A New York state judge has thrown out a lawsuit in which longtime investors in the Empire State Building claimed they were shortchanged out of hundreds of millions of dollars by the real estate magnates who took the iconic skyscraper public last October.


Related Topix: REIT

Cybercast News Service

Women business owners face gender gap, report says

Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.


Related Topix: Small Business, US Politics, Maria Cantwell, US News, US Senate, Democrat

Myrtle Beach Online

Lowcountry groups hold another homeowner workshop

The Dorchester Prosperity Center in Summerville is holding the Wednesday event, working with the Trident United Way, Palmetto Goodwill and Family Services, Inc. The groups held a similar workshop last month and because of the large number of people who attended, a second session was organized.


Related Topix: Non-Profit, Home, Mortgage, Myrtle Beach, SC, Business News

Tue Jul 22, 2014

The Modesto Bee

SEC poised to end $1 a share for some money funds

The idea is to minimize the risk of a mass withdrawal from the funds during a financial panic.


Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Mutual Funds, Business News

Merced Sun-Star

Undercover probe finds health law failings

The nonpartisan Government Accountability Office says its undercover investigators were able to get subsidized health care under fake names in 11 out of 18 attempts.


Related Topix: Healthcare Law, Law, US Politics, US News, Barack Obama, Dave Camp, Republican, US House of Representatives, Social Security

KING-TV Seattle

Winning calls by Levy forecasters over decades

It's a forecast so out of the mainstream, it's hard to believe: a U.S. economy in recession next year, triggered by steep downturns abroad.


Related Topix: Mutual Funds, Seattle, WA

Sacramento Bee Newspaper

Homes sales improve but stress remains

Sales of existing homes improved for the third consecutive month in June, the National Association of Realtors reported Tuesday in one of several new data points that suggest a steadily better economy.


Related Topix: Real Estate, Housing, Home, Home Selling, Mortgage, Foreclosures