High school seniors' financial know-how goes from bad to worse "The survey demonstrated that graduating high school seniors continue to struggle with financial literacy basics" Young people's financial know-how has gone from bad to worse. High school seniors, on
New Businesses for Week Ending May 17 read more...
Fed acts to stamp out deceptive mortgage practices (Washington Post) WASHINGTON (Reuters) - The Federal Reserve Board on Monday approved new rules to ban misleading and deceptive practices in mortgage lending, including prepayment penalties for many subprime loans.read more...
Pay to borrow your own money? A "passbook loan," which uses your savings as collateral, makes sense if you're trying to establish (or re-establish) credit.read more...
Mortgage group says loan workouts hit record in April (AP via Yahoo! Finance) A mortgage industry alliance, under pressure to show progress in its efforts to aid troubled borrowers, says lenders gave a record amount of assistance to homeowners last month.read more...
Mortgage players speed-date to lift subprime gloom (Washington Post) ORLANDO (Reuters) - It's not just for lonely hearts anymore. Speed-dating -- a way for busy singles to meet -- was on the event list at a distinctly unromantic venue,
Central Bucks school officials are hopeful that work on a delay-plagued Buckingham Elementary School construction project could resume as soon as next week, but they say the district is still at the mercy of …
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