Debt Consolidation News

Debt Consolidation News

Latest news on debt consolidation. Below are latest from CNN-Money and Yahoo Personal Finance. You may also be interested in our debt consolidation calculator section.

Personal finance news - CNNMoney.com
Government assistance expands
More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance, according to a new report.
University of Charleston: How we cut tuition by 22%
After seeing enrollment decline for the first time in a decade, the University of Charleston, in West Virginia, slashed tuition by 22% for the upcoming school year hoping to entice more students.
Investing for retirement when you're just starting out
My granddaughter has asked me how to invest the money she'll contribute to her employer's retirement savings plan at her first job. I suggested she either go with a 2050 target-retirement fund or divide her money as follows: 40% in an S&P 500 index fund, 40% in a small-cap index fund and 20% in an international stock index fund. Do you think she should go with the first option, the second or do something else? -- Don G.
Get more from a second doctor's opinion
If you're like most people, you're inclined to trust your doctor's advice.
The Romney kids' $100 million trust fund
Mitt Romney's five sons -- Matt, Tagg, Craig, Ben and Josh -- are sitting pretty with a trust fund worth $100 million.
Northwestern Kellogg to shrink two-year MBA program
The school plans to put less of an emphasis on its traditional two-year degree program as part of a sweeping strategic review at the school.
Finally, a foreclosure settlement (Maybe)
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.
States seek currencies made of silver and gold
A growing number of states are seeking shiny new currencies made of silver and gold.
The best cities for job hunting
FORTUNE -- Dear Annie: I just got a pink slip from the bank where I've worked as a marketing director for the past 12 years, and which is now undergoing a total restructuring, so I'm pondering what my next move should be. Opportunities are limited in the smallish East Coast city where I live (the bank I'll soon be leaving is the single biggest employer in town) and, having moved here solely to take the position I'm now losing, I'm not particularly attached to this area. Our kids are away at college now, our mortgage is paid off, and my wife, who is a pediatrician, really could work anywhere. So we're open to the idea of moving -- but where would I have the best chance of finding a new job? I'm also wondering, do many employers still pay moving expenses for new management hires, or is that a thing of the past? ? Footloose
Home repairs: Which jobs come first?
Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance.
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Eyes on dissident states as mortgage deal nears (Reuters)
Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
Analysis: Banks largely reserved for U.S. mortgage pact cost (Reuters)
Reuters - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines.
How Boeing Measures Up (The Motley Fool)
The Motley Fool - Aerospace and defense giant Boeing (NYSE: BA - News) recently posted decent fourth-quarter numbers followed by a weak future outlook. While that information could be useless out of context, a broader view will help in judging where the company stands at present. Here's an analysis of Boeing's strengths, weaknesses, opportunities, and threats which should help develop a more complete picture about the company.
Delaware officials wrestle over mortgage deal (Reuters)
Reuters - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.
More US states to join foreclosure-abuse deal (AP)
AP - Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages.
Another Boeing Loyalist Brightens the Skyline (The Motley Fool)
The Motley Fool - Thanks to the nuclear buildup in Iran, defense deals are pouring in. Backed by a solid reputation and loyal customers, Boeing (NYSE: BA - News) seems to have successfully cashed in on the scenario, as it ended 2011 with a bang.
Housing plan helps nearly 1 million homeowners (Reuters)

Txera Alonso (L) and Juan Carlos Bezarra, volunteers from the pressure group Berri-Otxoak walk towards the town hall during a Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.


Fidelity Nat'l to buy O'Charley's restaurant chain (AP)
AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.
New York sues banks over electronic mortgage system (Reuters)
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
NY's Schneiderman sues banks in foreclosure effort (AP)
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures.
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