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Mortgage default notices soar in Sacramento region (The Sacramento Bee)  Notices of default, those early warnings of financial stress and missed mortgage payments, reached their highest levels ever in six of the region's eight counties during the first three months


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Don't Let Your Home Be Underinsured  With the home improvement season upon us, there is no better time than now to review your homeowners insurance to make sure you have the coverage you need.Commentread more...


Even with pension, you need retirement planning  Don't forget things like health care and emergencies, Dr. Don says.read more...


Lyon's transportation tax on new construction may be lowered  Lyon County Commissioners this week agreed to take a second look at a transportation tax enacted last July after some manufacturing business owners complained it was unfair.read more...


Your Money Matters: Dealing with Rising Mortgage Interest Rates (Hornell Evening Tribune)  (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans

August 15th, 2007

How Rating Firms’ Calls Fueled Subprime Mess

These companies played a major role in the mortgage boom—and bust. These companies gave top ratings to securities built on questionable loans, making them seem as safe as Treasury bonds.





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