In the United States, Mom typically has the most say when it comes to back-to-school shopping, but pre-teens are consumers, too, and they have more money to spend on backpacks and binders than they have had in years.
Amid the continue foreclosure crisis, some young people are taking to social media to redirect their frustration and coordinate larger acts of vandalism against abandoned properties.
The U.S. Treasury is accelerating taxpayer repayments by Fannie Mae and Freddie Mac, the mortgage finance companies that own or guarantee around 60 percent of the country's housing market, but the strategy will only work if the housing market continues to improve.
With the national housing market showing signs of a rebound, analysts are saying shadow inventory might not be such a threat after all.
A man killed two people, including an officer who was serving him an eviction notice at a College Station home near Texas A&M University, on Monday before police fatally shot him in a gun battle.
The Consumer Financial Protection Agency unveiled new regulations on Friday that would help shield consumers against foreclosures or sudden hikes in mortgage interest rates.
The Justice Dept. said there was "not a viable basis to bring a criminal prosecution" against Goldman Sachs, quietly ending a yearlong investigation into allegations the firm bet against the same subprime mortgage-backed securities that it also sold to its clients.
The Justice Department will not prosecute Goldman Sachs or its employees in a financial fraud probe, officials announce Thursday.
The mainstream news media can’t stop obsessing over Mitt Romney’s tax returns. “Will he or won’t he release them?” they keep asking. What terrible secrets are hidden among Romney’s mortgage interest deductions and depreciation write-offs?
Fannie Mae (OTC: FNMA), the largest government-controlled mortgage backer, reported its second consecutive quarterly profit for the first time in five years Wednesday, but its CEO said the company should cede business to private investors when the housing market finally recovers.
The Federal Reserve sent some strong messages in its latest policy statement that it is heading toward new easing measures to buck up the weak economy. But the central bank may have a different caliber of weapon in mind other than launching another round of large-scale asset purchases, or QE3.
Freddie Mac, the government-controlled mortgage financier, reported a $3.02 billion second quarter profit Tuesday on a stronger portfolio, another sign of an improving housing market.
At what point should the American people intervene and stop Wall Street from giving Grandma the SHAFT? Playing by the rules has become the scam.
In an effort to get her finances together, Nadya Suleman most commonly known as "Octomom" is seeking the highest bidder on a date auction website, exchanging a rendezvous for cash. Octomom, 37, reportedly created a profile on dating website WhatsYourPrice.com with an opening bid of $500 to go on a date with the highest bidder.
The Fed will drop its wavering plans for a fresh spate of monetary stimulus measures, according to Bernard Baumohl, chief global economist at the Economic Outlook Group.
Elizabeth Spiers, the editor of the New York Observer, is leaving the newspaper at the end of August after expanding its digital offerings in the past 18 months, diversifying its revenue stream in a challenging advertising environment.
U.S. 30-year fixed mortgages rates rose for only second time in the past 14 weeks on modest economic improvements, mortgage financier Freddie Mac said Thursday.
A top U.S. housing regulator refused on Tuesday to offer principal reductions for mortgages held by Fannie Mae and Freddie Mac, highlighting a sharp difference in views over the best way to aid the beleagured real estate market.
Some of the results for specific councils are quite shocking,? said Judy Aldred, managing director of SSentif.
A bank equity analyst famous in financial circles for her prescient analysis on the global banking sector said Tuesday morning she sees the financial industry shedding another 200,000 people off the payrolls in the coming months.
Web videos released by the Democratic Congressional Campaign Committee suggests the Republican plan will help millionaires buy more private yachts and mansions.
Popularly known as the "Toxic Tush" practitioner, the fake doctor Oneal Ron Morris who allegedly injected chemicals like bathroom caulk, cement, fix-a-flat, super glue and mineral oil into patients claiming it was silicone in order to enhance their butt, was charged with manslaughter on Thursday and convicted for the death of one of her patients: 31-year-old Shatarka Nuby.
