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No place like home (Rapid City Journal)
Zelda Gallegos considers herself blessed to have reached two milestones in her life thus far: owning her own home and being mortgage-free.
S&P Equity Research Lifts Exco Resources Price Target (Fox News)
S&P Equity Research Lifts Exco Resources Price Target
Now spectre of negative equity stalks thousands of CAR owners (Daily Mail)
Plunging car prices are leaving thousands of motorists in 'negative equity' on their vehicle loans, experts warn.
Home sales are up but prices are falling: Who's buying houses? (San Jose Mercury News)
Current home shoppers, experts say, generally fall into two camps '” first-time home buyers and investors. Almost all other buyers remain on the sidelines, either because they're unable to qualify for low-interest loans or because their current home has lost so much value they don't have enough equity for a down payment on a new one.
Analysts predict 'cleansing' period (Post-Bulletin)
The year of reckoning has begun for retailers. After a long stretch of easy access to capital, a store-building boom and effortless selling to shoppers flush with cash from home-equity loans, the retail lands
Failed US home loans bank IndyMac sold for 14 billion dollars (New Kerala)
By Arun Kumar, Washington, Jan 3 : A group of private investors has agreed to buy for nearly 14 billion dollars the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits in 1934.
Retirees who counted on home equity looking for new options (The Pantagraph)
The safety net is almost gone, the nest egg is cracking. Many Americans have recently found themselves changing retirement plans after losing a substantial amount of home equity as the housing market and the overall U.S. economy struggle.
Plan B for retirees who counted on home equity (San Francisco Chronicle)
The safety net is almost gone, the nest egg is cracking. Many Americans have recently found themselves changing retirement plans after losing a substantial amount of home equity as the housing market and the overall U.S. economy struggle. These folks face...
Plan B for retirees who counted on home equity (Reno Gazette-Journal)
The safety net is almost gone, the nest egg is cracking.
Mother (and father), can you spare a dime? (Money via Yahoo! Finance)
I could not have bought my first house long ago without borrowing the down payment from Mom and Dad. Their loan got me started down the home-equity path, and it's paid dividends ever since.
