Financial News

Banks Near Deal with States on Foreclosure Immunity, Refinancing Plan

Under the proposed terms of the settlement — which could total $25 billion — banks would get broad legal immunity from state lawsuits in exchange for refinancing underwater loans...

The refinancing plan under consideration by the banks would be in addition to the outlines of the deal agreed to date, pushing the total settlement tab closer to...

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Savings Rates

Savings Rates – Up and Down Saving Rates are variable. It’s heavily influenced by changes in monetary policy. This means the dividend rate and annual percentage yield may change at any time. Saving rates are not a reason for concern when our people are wealthy (household balance sheets are strong). Low savings rates are a [...]

May 28th, 2009 | Tags: , , , , | Category: Saving | 5 comments