Three top mortgage servicers are doing such a bad job at foreclosure prevention that the Obama administration will stop paying them for modifying delinquent loans.
“Don’t spend all your money.”
The Internal Revenue Service may have granted more than $150 million in car purchase tax deductions to thousands of people who didn’t have to prove they actually bought the car.
Call it tough love.
The gap between U.S. exports and imports narrowed slightly in April, as Japan’s earthquake weighed on the global auto supply chain, according to a government report.
Some top deficit hawks from the left and right are flashing a warning sign: Making too many federal spending cuts now will hurt the economy.
Charles and Jill Segal have not made a mortgage payment in nearly five years — but they continue to live in their five-bedroom West Palm Beach, Fla. home.
The number of Americans filing for first-time unemployment benefits rose again and stayed above the 400,000 mark for the ninth consecutive week.
The Federal Reserve’s Beige Book is a little less blah about the economic recovery than most recent reports.
My fiancé and I are saving up to buy a house in the not-too-distant future. We want to take advantage of the housing market, but he’s skeptical about whether this is the best time to buy. When do you think prices will go up? — S.R., Los Angeles