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Summary Box: Citi CEO sees return to profitability (AP)

Yahoo! News: Personal Finance News — Thu, 11 Mar 2010 23:16:22 +0000

AP - BULLISH OUTLOOK: Citigroup Inc. says its returning to "sustained profitability" after losing billions on bad loans and taking a federal bailout. CEO Vikram Pandit says the bank is shedding risky mortgage assets and shifting focus to emerging markets like Latin America and Asia.

Fannie Mae to offer $6b in notes (AP)

Yahoo! News: Personal Finance News — Thu, 11 Mar 2010 20:48:53 +0000

AP - Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.

Gov’t official warns on home down payment hikes (AP)

Yahoo! News: Personal Finance News — Thu, 11 Mar 2010 20:28:00 +0000

AP - The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market.

Stocks Are Quiet While Currencies Scream (The Motley Fool)

Yahoo! News: Personal Finance News — Thu, 11 Mar 2010 16:53:02 +0000

The Motley Fool - After a down January, the stock market is again positive for the year. The much-fabled January effect barometer didn't work in 2009, and it remains to be seen if it will work in 2010. Economic data has continued its slow improvement, keeping stocks fairly calm. The wild action so far this year has been in the currency markets.

Mortgage rates remain below 5 percent (AP)

Yahoo! News: Personal Finance News — Thu, 11 Mar 2010 16:23:14 +0000

AP - Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.

Foreclosures drop for 2nd month in February: RealtyTrac (Reuters)

Yahoo! News: Personal Finance News — Thu, 11 Mar 2010 12:20:14 +0000

Reuters - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.

Allstate Structured legal fee program

Google Videos - retirement planning — Wed, 10 Mar 2010 20:31:00 +0000

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Quinn seeks income tax hike for schools (AP)

Yahoo! News: Personal Finance News — Wed, 10 Mar 2010 19:47:33 +0000

AP - Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one percentage point to be used solely for preventing deep cuts to education.

Home loan demand nudges higher in latest week (Reuters)

Yahoo! News: Personal Finance News — Wed, 10 Mar 2010 15:00:52 +0000

Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.

Nationalized UK bank Northern Rock back in profit (AP)

Yahoo! News: Personal Finance News — Wed, 10 Mar 2010 08:47:59 +0000

AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.