Treasury sets guidance to simplify “short sales” (Reuters)

Reuters - The U.S. Treasury on Monday set long-awaited guidance on a plan for mortgage companies to speed "short sales" of homes and other loan modification alternatives to stem a rising tide of foreclosures.

Gov’t increases pressure on mortgage industry (AP)

AP - Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to help borrowers at risk of losing their homes.

AIG shares fall after analyst questions reserves (Reuters)

Reuters - Shares of AIG fell 12 percent on Monday after an analyst raised concerns about a possible deficiency in the company's non-life insurance reserves.

9 Ways Spending Changes in Retirement (U.S. News & World Report)

U.S. News & World Report - Retirees don't have to pay for professional work clothes, dry cleaning, or transportation to the office. So some workers reason that they will be able to get by with a lower income when they retire. But spending on basic necessities typically increases in retirement. The budget for food, housing, and healthcare is larger for retirees at every income level, according to research by Deanna Sharpe, an associate professor of personal financial planning at the University of Missouri. "What we can't say is that people will spend drastically less," she says. ...

U.S. banks have recognized most credit losses: Goldman (Reuters)

Reuters - U.S. banks have already recognized two-thirds of an estimated $2.1 trillion to $2.6 trillion in credit losses, but prime mortgage and commercial real estate would contribute more to the remaining losses, Goldman Sachs said.

Ben Stein Talks

Retirement Planning: Getting Started (Part 1) First video in a three-part series on retirement planning, Ben Stein outlines basic steps to begin ...

Treasury to meet with mortgage servicers (Reuters)

Reuters - The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury's thinking said.

Las Vegas Financial Advisor and

www.palermofinancialgroup.com Retirement Planning and Investment management in Las Vegas Education surrounding different forms of compensating a ...

Treasury to meet with mortgage servicers Monday (Reuters)

Reuters - The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury's thinking said.

Administration plans new efforts on foreclosures (AP)

AP - The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday.

Next Page »