Menino: Give them shelter
Dozens of Boston-area homeowners saddled with mounting mortgage debt met face-to-face with their lenders yesterday to try to negotiate more affordable payments and keep the…
Living the dream may not make cents (Stuff)
February 2009 is an auspicious date on the calendar for Wellington couple Stewart and Jackie. After 20 years of service in the military, Stewart, 39, has the prospect of getting $340,000 from a Government Superannuation Fund scheme, potentially paying off the mortgage and living his 40s debt-free.
300,000 Australian Households at Risk of Losing Their Homes
Tonight at 8:30 on ABC1 you can watch a program called “Debtland.” We haven’t seen it ourselves. But the blurb on the ABC website puts it this way, “Mortgages doled out to people on disability support pensions; loans to refugees with no English and no jobs that leave their families with next to nothing to live on; home loans so large they push borrowers below the poverty line This isn’t America’s sub-prime meltdown - it’s Australia’s debt debacle, the legacy of a credit binge that’s sent househ
Bearish market has room to rebound (The Arizona Republic)
The first quarter has ended for the stock market, giving shell-shocked investors a chance to emerge from their foxholes and dust off their portfolios.