Borrowing just gets deeper
An Associated Press/ Ipsos poll finds that barely a third of Americans would cut spending to reduce the federal deficit and even fewer would raise taxes.
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Freddie Mac to cut its risks WASHINGTON Mortgage giant Freddie Mac said Tuesday it will no longer buy high-risk home mortgages that it deems to be highly vulnerable to foreclosure.Commentread more...
EXCLUSIVE: Paulson 'Optimistic' About Mortgage Plan to Help Subprime Borrowers (ABC News) Paulson says plan to address increasingly complex mortgage mess. read more...
Britain's streets of debt: Borrowers beware We seem to have here the most lax regulatory regime anywhere in the developed western world Britain's Streets of Debt On Tuesday June at 0915 UK time, on BBC One
BMO to refund $7.1M to mortgage customers (CTV.ca) The Bank of Montreal has announced that it will refund a total of $7.1 million to about 28,000 customers who overpaid penalties on certain mortgage transactions.read more...
Spending in Grand Style Sue Stock - Raleigh News & Observer The nation's 77.6 million baby boomers are heading into their grandparenting years and retailers are primed.read more...
Financial headache of taking up your parental rights SHARON WARD MATERNITY and paternity rights was the topic on everyone's tongue this week, regardless of whether or not they have a child.read more...