News & Headlines
A directory of real estate links, outlining the most popular news and other articles as voted on by the BiggerPockets community.
Links from: reuters.com
We are already in new great depression
Europe is wrong on austerity that may sink the global economy deeper into the 1930s style depression which has already begun, Nobel Prize winner Paul Krugman tells Reuters in an exclusive interview.
Mortgage deal would give states enforcement clout
A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters
Bernanke near inflation target prize, but jobs a concern
The U.S. Federal Reserve could take the historic step this week of announcing an explicit target for inflation, a move that would fulfill a multi-year quest of the central bank's
U.S. housing more affordable than other English countries
Would-be American home-buyers can take heart: U.S. housing is more affordable than in other English-speaking countries, according to a study of metropolitan areas around the world.The median
BofA may pay staff in shares, with eye on capital
Bank of America Corp <BAC.N> may give shares worth $1 billion to employees instead of cash as part of bonuses and hold back on dividend increases and buybacks, as the second-largest U.S.
Obama wants export agency, closing of Commerce Dept
WASHINGTON (Reuters) - President Barack Obama will ask Congress on Friday for authority to close the Commerce Department and create a new export agency, an overhaul that could save $3 billion and help
SEC tightens leash on exchanges post flash crash
NEW YORK/WASHINGTON (Reuters) - The May 2010 flash crash was bad for almost everyone involved in the stock market, but for the Securities and Exchange Commission, it was a disaster.With $1 trillion in
Angelides to lead distressed mortgage firm
New York (Reuters) - Phil Angelides, formerly the chairman of a federal commission who led investigations into why the financial markets collapsed, is heading an investment group that hopes to do a good
The hidden dangers of low interest rates
The Fed's campaign to hold short-term interest rates near zero is a loser for taxpayers. A rise in rates would also burden taxpayers, but it would come with a benefit for those who save.
Growing wealth divide puts globalization at risk
A backlash against rising inequality - evident from the Occupy movement to the Arab Spring - risks derailing the advance of globalization and represents a threat to economies worldwide,
MetLife says exits forward mortgage business
MetLife will shut down its mortgage operations, the largest U.S. life insurer said on Tuesday, giving up on the unit three months after it said it would seek a buyer.MetLife has been
DOJ contacting additional banks on mortgage deal
As the government nears a deal with top U.S. banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging
More U.S. employers cutting perks
(Reuters) - More Americans say their employers are cutting bonuses and perks or initiating hiring freezes, and slightly more workers are worried about layoffs in the next six months, according to a quarterly
Forget 2011, and gear up for a challenging 2012
Everything that could have gone wrong, did”, and our policy makers literally snatched defeat from the jaws of victory. This is something that summarizes the Indian economy and the stock markets for the whole of 2011.
Euro supported by short squeeze
SYDNEY (Reuters) - The euro held on to overnight gains in Asia on Wednesday, having posted its biggest one-day rally in nearly two months as investors cut bearish positions in the common currency after
Mortgage demand fell at year-end, purchases sag
(Reuters) - Demand for loans to buy homes and refinance mortgages slid in the final week of 2011, even as mortgage rates dipped, an industry group said on Wednesday.Applications for U.S. home mortgages
Oil rises on shortcovering, market eyes Iran
NEW YORK (Reuters) - Oil rose on Thursday as gains in the stock market and shortcovering helped shake off early losses caused by a rise in U.S. crude stockpiles.Crude dipped early after U.S. inventory
Economy gaining momentum, housing shows a pulse
WASHINGTON (Reuters) - New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining momentum
U.S. housing heals even as its damage widens
WASHINGTON (Reuters) - The U.S. housing market, once the epicenter of the global financial collapse that spawned today's European debt crisis, is on the verge of delivering some positive news.For the
Modification blunders bedevil U.S. housing recovery
WASHINGTON (Reuters) - Shirley Burnell, a community activist from Oakland, California, has been trying to get her subprime loan restructured since 2007.She never missed a payment, but the adjustable rate
About BiggerPockets |
Press |
Advertising |
Stats |
Contact Us |
Help
| Upgrade to PRO
Terms of Use |
Privacy Policy
BiggerPockets ® is a registered trademark of BiggerPockets, Inc.
Copyright © 2004-2012 BiggerPockets Inc. All Rights Reserved.
Follow us:
