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Nearly one in four home mortgages are burdening borrowers with negative equity, an article by the Wall Street Journal reports.
Underwater mortgages find homeowners with declining home values to the point that they owe more on their mortgages than the...
The White House announced in a press release on November 17th that President Obama has made an executive order to create a Financial Fraud Enforcement Task Force. Part of the reason for the executive order, it seems, is the number and complicated...
The middle class is increasingly resorting to bankruptcy despite college education, home ownership and other historical signs of success, according to a new study.
While the middle class's investments in higher education and real estate have typically...
A new amendment to the U.S. bankruptcy code could help troubled financial institutions reorganize their debts more effectively and eliminate the status of "too big to fail" that has prompted government intervention over the past two years.
H.R. 3310,...
On Amelia Island, a coastal community off of Florida's Atlantic coast, a group of local investors have joined up to save a prominent resort from going under.
Amelia Island Plantation is a 30-year-old destination resort for vacationers and...
