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Personal Finance News

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

4 hrs ago | WHAS11

SEC adopts rules on loan-backed securities

Financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, will have to give investors details on borrowers' credit record and income under action taken Wednesday by federal regulators.


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

4 hrs ago | Brandon Sun

Cypriots protest proposed foreclosures legislation mandated by bailed-out country's creditors

Hundreds of Cypriots have staged a protest outside the presidential palace against proposed legislation aimed at helping the bailed-out country's beleaguered banks collect on bad loans.


Related Topix: Foreclosures, Mortgage, Home

8 hrs ago | Deseret News

Cantwell targets small business loan gender gap

In this Dec. 6, 2012 file photo, Sen. Maria Cantwell, D-Wash. speaks during a news conference on Capitol Hill in Washington.


Related Topix: Small Business, US Politics, Maria Cantwell, US News, US Senate, Democrat, Washington, Washington Government, Mary Landrieu

9 hrs ago | The Peninsula

RBS fined 14mn over poor mortgage advice

LONDON: Britain's bailed-out Royal Bank of Scotland has been fined 14 million for not taking enough care to explain to home-buyers the costs of taking out a mortgage, regulators said on Wednesday.


Related Topix: Mortgage, Home

13 hrs ago | Radio City

Housing Market Pays Dividends At Foxtons

The London-focused estate agents saw its pre-tax profit up by 57% to A 23.1m in the six months to June 30. The special dividend payment is more than half of the group's profit before tax and is the second pay out since it returned to London's stock market almost a year ago.


Related Topix: Mortgage, Home

14 hrs ago | Stars and Stripes

White House honor comes to veteran - as his business struggles

After a decade of being fired or quitting jobs in his struggle to adjust to civilian life, former Marine Corps sniper Matt Victoriano started his own coffee shop, vowing to employ struggling vets like himself.


Related Topix: Small Business

Tue Aug 26, 2014

The Montreal Gazette

Bombardier workers in Thunder Bay, Ont., turn down latest company offer

Unifor Local 1075 says its members, who have been on strike since July 14, turned down the offer by a vote of 80 per cent.


Related Topix: Canada, Pension, Outsourcing

Crewe Guardian

Darling and Brown reunite to say No

Alistair Darling will be reunited with former prime minister Gordon Brown today as the two men join forces to campaign to keep Scotland in the United Kingdom.


Related Topix: Alistair Darling, Europe, World News, United Kingdom, Gordon Brown, Small Business

CT Gov. Malloy Expresses 'Serious Concern' Over CL&P Proposed Rate Hike

Connecticut Governor Dannel P. Malloy said today that Connecticut Light & Power's request for a staggering increase of nearly 60 percent in the fixed monthly service fee on monthly electric bills is at odds with Connecticut's strategy of encouraging energy efficiency and the use of renewable energy sources and unfairly penalizes those who use the ... (more)


Related Topix: Dan Malloy, US Governors, Alternative Energy, Renewable Energy (Green Energy), Energy, Small Business


Obama announces new efforts for vets

President Barack Obama detailed Tuesday how his administration is attempting to rectify shortfalls in caring for war veterans, just as new threats abroad could require more sacrifices for American military families.


Related Topix: 2012 Presidential Election, US Politics, US News, Barack Obama, Life, Veteran Affairs, Home, Mortgage


US home prices rise 8.1 per cent in June; smallest increase in more than 18 months

This Aug. 14, 2014 photo shows a sign in front of a home for sales in Whittier, Calif.


Related Topix: Housing, Whittier, CA, Home, Home Selling, Real Estate, Mortgage


Many Homeowners Still Qualify For Mortgage Relief

Mel Watt, director of Federal Housing Finance Agency, says many homeowners who could qualify to refinance their mortgages under the HARP are suspicious.


Related Topix: Home, Mortgage, Foreclosures

KCRA-TV Sacramento

3 reasons why Californians shun quake insurance

Even though 90% of the earthquakes that strike the United States are located in California, only about 10% of homeowners there have earthquake insurance.


Related Topix: Earthquake, Natural Disasters, UC Davis, Davis, CA, Northridge (Los Angeles, CA), Home, Mortgage

Mon Aug 25, 2014

The Wichita Eagle

US credit card late payments down in 2Q

Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.


Related Topix: TransUnion, Mortgage

Cybercast News Service

S&P 500 trades above 2,000 points for first time

U.S. stocks reached another milestone as the Standard & Poor's 500 index traded briefly above 2,000 points for the first time early Monday.


Related Topix: Financial Markets, Housing, Home, Mortgage, Francois Hollande

Brandon Sun

Fewer hearings held by new social security tribunal; dismissal rate high

In its first year of existence, the federal government's new social security tribunal concluded just 461 hearings on appeals from people denied Canada Pension Plan disability and old-age security benefits - and most of those appeals were dismissed.


Related Topix: Social Security

WTOC-TV Savannah

The importance of an emergency fund

Emergencies may be unexpected, but you still can plan for them. Saving money to weather an emergency should be a top priority for everyone.


Related Topix: Mortgage, Credit Card Debt


Sales of US new homes fall in July

Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.


Related Topix: Housing, Home, Mortgage, Foreclosures

KCRA-TV Sacramento

S&P 500 tops 2,000 for first time ever

So much for the stock market rally coming to a screeching halt. The S&P 500 surpassed the 2,000 level for the first time ever on Monday morning.


Related Topix: Financial Markets, Retirement, Mutual Funds

The Sand Trap

Dick's out of the golf business all together?

Ah, but tell that to the thousands of middle to low-income families who couldn't otherwise afford some of the products that they sell at discounted prices, or the hundreds of thousands of people that they employ who might otherwise be out of work.


Related Topix: Small Business