However, the bandwagon better be a hybrid, horse-drawn or get pretty darn good gas mileage to qualify.
I know “going green” is a buzzword of the times, but “green auto loans” sounds to me more like something sold on the Vegas strip. I like the way the marketing types make it sound though, “loan products […]

Popularity: 5% [?]

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Although I do have some empathy for the tremendous financial losses that many of our banking institutions are facing with the credit crunch, I’d have to say this is pretty underhanded. One of the latest ways banks have found to boost revenue includes jacked up fees and policies that have been re-written to maximize […]

Popularity: 7% [?]

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With more than 12 million illegal immigrants estimated to be living in this country, it’s certainly a question worth posing. Determining the impact of illegal workers on unemployment rates, healthcare costs, and other social and economic sectors is difficult enough, due to the nature of them being “undocumented”. There are numerous arguments both for and […]

Popularity: 27% [?]

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Oregon and Pennsylvania recently joined Georgia and North Carolina in banning payday loans. New York, New Jersey, and most New England states have never
granted entry. By contrast, some western states (Washington, Idaho, Utah, and until recently New Mexico) have maintained relatively laissez-faire policies toward payday lending. Arizona just abandoned its drive to ban […]

Popularity: 28% [?]

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10. New Home Choices are Many. Instead of having to partake in a lottery to get a brand new build, you are now deluged with incentives to buy a spec home.
9. There are fewer investors. Better hurry though, because soon they’ll be coming back in and you’ll have to compete with them to snatch up […]

Popularity: 26% [?]

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Just as the boat that Freddie Mac and Fannie Mae have been vacationing on prepares to sink due to tropical storm “Subprime”, the government comes to the rescue! President Bush has recently signed the initiative to pass sweeping legislation that will offer up to $300 billion in assistance to troubled homeowners and throw government support […]

Popularity: 29% [?]

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Do you know why fast food is so popular despite the fact that we all know it’s (a) bad for you (b) is high in calories and (c) has low nutritional value? Mostly because it’s convenient (and ok, sometimes it tastes good) and cheap. Here comes the fast food equivalent in loans, the […]

Popularity: 29% [?]

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Hilarious analysis of the subprime crisis from Bird and Fortune. Two of my favourite quotes (I’m spelling rumor and favorite the British way since it’s a Brit speaking):

“Experts have to decided whether or not to Buy on the rumour and sell on the news, do the opposite, do both, do nothing […]

Popularity: 27% [?]

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The economy may be affecting who can afford to spend $.0001 per 1 million messages. Have you noticed recently that the volume of spam is down in your email boxes? I just came back from a 2 week vacation and instead of the 4500 spam email messages I expected, there were only about […]

Popularity: 32% [?]

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For better or worse, FNMA keeps tightening the reins on those unlucky (not so) few that are going through the foreclosure process. They announced earlier this spring that they were increasing the time period (up a year, to 5 years) that borrowers who have been foreclosed upon would have to wait to be considered to […]

Popularity: 32% [?]

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