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Foreclosure

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Foreclosure is a specific legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped makin...
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Foreclosure Crisis Likely 5 More Years

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Despite a decline in the total number of foreclosures across the U.S., the foreclosure crisis is likely to last another 5 years as it tak...
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Fiscal Cliff Deal To Significantly Damage U.S. Economy

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The U.S. economy may have avoided falling off the fiscal cliff into a new recession, but it is still going to tumble down a rocky fiscal es...

Inflation: How Is It Measured?

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Measuring inflation is a difficult problem for government statisticians. To do this, a number of goods that are representative of the eco...

Social Security (United States)

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Social Security Poster: old man (Photo credit: Wikipedia ) In the United States, Social Security refers to the Old-Age, Survivors, an...

It's official: U.S. hits debt ceiling

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It's official: U.S. debt reached its legal borrowing limit Monday, giving Congress about two months before it must raise the debt ceili...

First-time buyer

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A first-time buyer (FTB) is a term used in the British and Irish property markets, and in other countries, for a potential house buyer who ...

First time buying a home? Avoid these 4 pitfalls

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Buying a home and taking out a mortgage is a complex process with major financial and emotional consequences. All buyers are subject to cer...

Reid Hopeful Negotiators to Reach Last-Minute Budget Deal

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Senate Majority Leader Harry Reid said negotiators could reach a U.S. budget deal today that would protect all but top earners from a tax i...

European Central Bank

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German Logo of the ECB. (Photo credit: Wikipedia ) The European Central Bank (ECB) is the sixth of the seven institutions of the Europe...