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TransUnion: 3Q mortgage delinquencies shoot higher - Biloxi Sun Herald
NEW YORK -- The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC. For the quarter ended Sept. 30, 3.96 percent of people ...

Debt Settlement USA's Rising Consumer Debt Index Fueled by ... - Biloxi Sun Herald
PHOENIX, Nov. 28 /PRNewswire/ -- Debt Settlement USA, a leading debt settlement company, today reported that the Consumer Debt Index (CDI) for the third quarter of this year stood at 13.55, up more than 6.5 percent since the end of the second quarter ...

Borrowers face huge fees to switch loans - News.com.au
BORROWERS who fixed their mortgages earlier this year in the hope of beating rising interest rates could face a $10,000 fee if they want to take advantage of cheaper loans. Fortunate consumers on an average $250,000 standard variable home loan are ...

Bank of England says lending growth slowed in October amid economic ... - Baltimore Sun
LONDON (AP) _ Britons took out fewer mortgages and reined in spending in October as the economic downturn intensified, the Bank of England said Monday. Net lending to individuals grew by 1.3 billion pounds ($2 billion) in October — just a third of ...

A tale of two economies - News.com.au
FOR families in which the breadwinner has a secure job, the global financial meltdown has provided an unlikely silver lining. Falling interest rates, cheaper petrol and sliding holiday costs mean that some households are hundreds of dollars a month ...

Stocks end short session with 5th straight gain - Edmond Sun
NEW YORK — Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic ...

One crisis sows seed of the next? - Baltimore Sun
With its decision this week to pump another $1 trillion into the financial crisis, the government eliminated any doubt that the country is on a wartime footing in the battle to shore up the economy. The strategy now - and in the coming Obama ...

HK index up 2.3pc, refiners gain - South China Morning Post
Hong Kong share prices were up on Wednesday morning with the Hang Seng Index rising 2.3 per cent to 13,711.73 after 45 minutes of trading. The index opened 1.4 per cent higher at 13,598.60. The China Enterprise Index of top locally listed mainland ...

The Madness of Crowds - Commentary Magazine
Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...

U.S. Forex Market Commentary - FXStreet.com
The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2580 level and was capped around $1.2710 level. The common currency lost ground on declining risk appetite that stemmed from bad economic data ...