Prime Loans Now Fueling Record Number Of Foreclosure Filings Well now it seems that the exotic mortgages are not the only loans that are tanking. CNBC reports that even prime / fixed mortgages are beginning to default. The number of new foreclosures reached a record high in the 3rd quarter and it’s being driven by [...]
Protester Screams At Foreclosure Hearing It looks as though another bitter homeowner has seen fit to disrupt the proceedings of another Senate Banking Foreclosure hearing. The man in question was escorted out of the building as he was yelling for other homeowners to “Tell your story!”. Maybe when they “tell their story” they will include details [...]
Chinese Vase Goes For $83 Million At Auction In London [Video] A Chinese vase was sold at auction for a world record 69.2 million dollars. Bainbridge auctioneers, a small London auction house, had the 18th-century vase for sale today, and was purchased for the astounding price. Add the additional 20% fees the buyer had to [...]
Foreclosures Slowing Down As Repossessions Drop By Nearly 10% But… CNN is reporting that foreclosure repossessions (houses taken back by the bank by auction or trustee sale) fell in October. But before you run out blasting your vuvuzela that the foreclosure crisis has ended, you might want to look a little bit deeper. The dip [...]
IRA Investing Could Help You Avoid Capital Gains Tax IRA Investing might be a very good option to consider and using a self-directed IRA may be a wealth preserving plan that can work very well for you. But you have to know what you’re doing. Well, here on iNEWS we are lucky enough to have [...]
Lebron James New “What Should I Do” Nike Ad Controversy Have you seen the new Nike Ad featuring Lebron James? It’s a pretty cool ad and uses his “Decision” drama as a backdrop for the ad. In typical Nike style, it is well written and slickly produced. But the ad is causing a bit of [...]
Treasury Prices Flat As Investors Await Beige Book Results Investors Awaiting the Beige Book results watch the Treasury prices go flat. In anticipation of the Beige Book’s results, the previous session’s rally yesterday was a lift.The market is also awaiting the release of the Federal Reserve’s Beige Book this afternoon at 2pm. “Investors are taking [...]
Generation X’ers Looking At Big Financial Problems As They Reach Retirement Recently on HuffPo Laura Bassett expounded on the problems that many Gen X’ers may face as they near the point of retiring. Her articles gives us some serious pause for thought. America’s retirement crisis has reached epic proportions, according to a recent study by [...]
The Typical Realtor Spin Of Buying A Home In Today’s Market While just about every well known economist, with the exception of NAR’s own Baghdad Bob, Lawrence Yun, is telling people to hold off in buying a house right now…Realtors are still screaming the mantra that it’s a great time to buy a house and [...]
Disney and Warner Bros. Movie Studios To Sue Pirate Web Sites For Advertising Two of the biggest movie studios have decided to team up to sue pirate websites for advertising and making money off of their hard work. Triton Media is just one of the companies that they will be going after. The movie studios [...]
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