Foreclosures rise in Lower Hudson Valley A sharply higher number of people in the Lower Hudson Valley this year are finding themselves so far behind in their mortgage payments that they face the loss of their
UBS makes shock subprime writedown "It shows what a pitiful state they are in" ZURICH : Swiss bank UBS unveiled $10 billion in shock subprime writedowns on Monday and said it had obtained an
Is a Roth IRA right for you? Earnings on a Roth IRA are tax-free. Is it better for you than a traditional IRA?read more...
Developers Try to Limit Speculative 'Flipping' (Reg Req'd) For the past few years, it has been a way to make easy money: Sign a contract to buy a property when it is still nothing more than a few
Top Lender Sees Mortgage Woes for ?Good? Risks (New York Times) Countrywide Financial, the nation?s largest mortgage lender, issued a pessimistic outlook of the housing market, helping to ignite a sell-off in the stock market.read more...
Surprising act of generosity rekindles plan for The Candy Shop (Reg Req'd) John Conant recalls his frustration in the middle of 2004 after one of many stops at local banks.read more...
WASHINGTON —Federal Reserve Chairman Ben Bernanke told Congress Thursday the credit crisis has created “significant market stress” and offered fresh assurances that regulators would take steps to curb fallout related to the mortgage mess.
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