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Aggressive Mortgage Practices Are Tied to Late Loan Payments  More new homeowners aren't repaying their bank on time. The rise in delinquency rates is likely due to soaring housing prices and aggressive lending last year, recent studies find.read more...


Sherwood: Reverse mortgage may help  For a number of older American homeowners, reverse mortgages may seem too good to be true.via


Canadian banks look to grow via U.S. expansion, insurance, other avenues  Royal Bank is making progress in growing its insurance business despite government rules prohibiting banks from selling insurance in their branches, CEO Gordon Nixon says.read more...


Why Mortgage Life Insurance is Not a Good Idea (Hope Star)  (ARA) - If you've recently taken out a mortgage, brace yourself for the onslaught. Before you even finish unpacking, your mailbox will likely be filled with offers for all kinds


Mortgage companies scramble to help struggling homeowners (The Fort Collins Coloradoan)  NEW YORK - As home foreclosures mount, mortgage companies are knocking on doors, sending letters and making phone calls with a simple message for struggling homeowners: They'd rather modify your


Mortgage relief and taxes  The IRS gives a break to homeowners who owe more than their home is worth, says CPA George Saenz.read more...

November 25th, 2005

Are Banks Still the Place To Put Money?

By CONRAD DE AENLLE Published: November 26, 2005 SHARES of banks and other financial companies have enjoyed stellar returns this fall, but one investment adviser is unimpressed.

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