One Way to Protect Against Identity Theft
When information gets stolen, it is used in various ways. Sometimes the thief may use it to drain your bank account, for example ... will not extend credit without first pulling a consumer’s credit profile. If you place a “security freeze” on your credit profile, the reporting agencies are prohibited from releasing your credit [more...]
Date: 2008-09-22 21:10:55
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Throwing Pennies Down A Drain
Some housing bubble news from Wall Street and Washington ... s first annual report on the credit rating agencies since Congress gave it express oversight in 2006 ... . Today, the SEC released its report on credit rating agencies and their role in the subprime mess. Moody [more...]
Date: 2008-07-09 18:36:25
Recession Gets Worse - The Fix Won’t Kill Ya
Recessions have a ripple effect on countries. Problems that start in one sector quickly spread to another ... and the real estate bubble, is now affecting job (the highest unemployment level in 16 years), credit ... released a report today highlighting the crisis. Here’s the key finding: Nationally, to maintain [more...]
Date: 2009-01-09 22:08:39
Beware of Credit Repair Firms: But Don’t throw the baby out with the bathwater
Most of the credit repair, TILA audit, Loan mod etc firms are incompetent, perhaps dishonest, and definitely misleading. BUT SOME ARE ON THE LEVEL ... a fee in advance of performing services to amend credit reports. According to the FTC’s press release ... . CHECK IT OUT. GET REFERENCES — REAL REFERENCES. FTC Sues “Credit Repair” Firms for Misleading [more...]
Date: 2008-11-16 15:26:24
Mortgage Delinquencies Set to Soar: Report
Severe delinquencies among mortgage holders increased more than 50 percent from year-ago levels during the third quarter, according to data released Tuesday morning by credit reporting agency TransUnion LLC. At the end of Q3, 3.96 percent of homeowners were 60+ days in arrears, compared to 2.56 percent one year earlier [more...]
Date: 2008-12-02 14:55:50
Quality Counts Lacks Quality
(Guest post by Stuart Buck) Education Week has released its annual report “Quality Counts, ... , the report reminds me of the old joke (I can’t remember who to credit for this) of a beggar sitting ... get an overall score equal to a state with low spending and high achievement. But if a school manages [more...]
Date: 2009-01-08 15:20:45
Police refuse to release DNA report
I have to give the Baltimore Police Department credit for great timing ... , they decide that a report detailing problems in the department's DNA lab, which have already led ... is exempt under the Maryland Public Information Act citing a provision that says certain documents [more...]
Date: 2009-01-09 12:06:58
As Gas Prices Rise, Consumption Declines by 4.1%
A report compiled by MasterCard Inc. showed that gasoline consumption in the U.S. declined by 4.1 percent, to the lowest it’s been in two months ... early November 2008. The MasterCard figures are based on credit-card swipes and cash and check ... Administration released a report highlighting the weakening global demand for crude oil. “The oil price [more...]
Date: 2009-01-08 02:57:12
A real loser in real estate
Real estate companies in the Lower Hudson Valley followed the national trend in recording sharp stock price declines last year and struggling to navigate a slowing economy, rising vacancies and a credit crisis. The All REIT Index, which ... to a report released yesterday. Last year’s slide came after a decline of 17.8 percent in 2007. Such losing [more...]
Date: 2009-01-07 22:11:42
A real loser in real estate
Real estate companies in the Lower Hudson Valley followed the national trend in recording sharp stock price declines last year and struggling to navigate a slowing economy, rising vacancies and a credit crisis. The All REIT Index, which ... to a report released yesterday. Last year’s slide came after a decline of 17.8 percent in 2007. Such losing [more...]
Date: 2009-01-08 14:17:30
What’s the Carbon Footprint of my Checking Account?
Crossposted from the Understory RAN released a new report today, “Financing Global Warming: Canadian Banks and Fossil Fuels“, ... , we also launched a new website, climatefriendlybanking.org. The report results are striking ... s largest credit union), would reduce your annual carbon footprint by 1.4 tonnes of CO2, a very meaningful [more...]
Date: 2008-11-20 22:15:55
Friday’s Rates on Thursday
Huh? Since tomorrow is Independence Day, the bond markets will be closed…so I thought I would provide you with mortgage rates on today ... with a minimum credit score of 720, “full doc” purchase with a sales price of $500,000 and a loan ... . We also had the Jobs Report released today which reported a loss of 62,000 jobs [more...]
Date: 2008-07-03 18:00:27
Project Uncensored
By David Swanson Project Censored has released a valuable new book called "Censored 2009: The Top 25 Stories of 2007-08" ... was more responsible for it, not on who should get the most credit for it. Then they reported that huge numbers ... credit rather than blame for a vote that, for once, matched the will of the public. Small [more...]
Date: 2008-10-01 16:16:11
Could Your Local Mall Be Going Bankrupt?
Could Your Local Mall Be Going Bankrupt? Posted by BK Dallas on 7 Jan, ... $27 billion in commercial loans in Texas are at risk for default in 2011 because of the credit ... 2009 in Bankruptcy According to a report released by Foresight Analytics LLC and Trepp LLC [more...]
Date: 2009-01-07 20:53:38
A Times / Atlantic Smackdown
A Times / Atlantic Smackdown Writing in the January/February edition of the Atlantic, ... are "slim," the economics are downright scary: Earnings reports released by the New York Times ... in credit through 2011 -- plenty to keep the paper afloat until then. SVP Catherine Mathis [more...]
Date: 2009-01-13 18:43:07
Consumer Advice to Ring in the New Year
December 23, 2008 FTC News Release: Nine Consumer Tips to Make the Most of 2009 As 2008 draws to a close, ... include: Get a free copy of your credit report. Visit www.annualcreditreport.com or call 877-322-8228 to request a free credit report, once every 12 months from each of the nationwide consumer credit [more...]
Date: 2008-12-23 18:24:31
Bubble Economics: Did we Learn our Lesson?
Have we really learned our lesson? We must open by addressing the fact that we support all methods and creative fiscal devices promulgated to ... and is currently deteriorating towards the point of hopelessness. December’s job report, released by the Bureau ... of miserable forecasts and wretched housing bust – credit crisis - bear market headlines. All [more...]
Date: 2009-01-12 20:27:00
The New Rules of Green Travel
The Iowa Climate Change Advisory Council recently released its final report which suggests two scenarios to cut the state's .. ... credit crunch, many economies are in poor shape. Oil prices are continuing ... continue » ‘Shovel Ready ... of production and products ... click to view full size [more...]
Date: 2009-01-07 18:54:17
godai aku LAGI: The Fed works very hard to restore..
Fed loans to banks increase in latest weekHoldings of commercial paper grow by $16.5 billion, as credit crunch persists ... to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system.The Fed released a report Friday saying commercial banks averaged [more...]
Date: 2008-11-30 10:44:00
Volcker Group’s recommendations for financial reforms
by Rolfe Winkler, CFA Volcker’s “Group of 30″ released its report today on suggested reforms for financial markets. The full 80 page report has to be purchased for $49. They did release a shorter version ... . They've got their hands full just measuring the credit risk of their loan books. “To guard against [more...]
Date: 2009-01-15 21:00:18
Credit Crunch Worsened by Junk Lawsuits
The Commerce Department released an interesting paper yesterday on competitiveness and legal costs. It’s conclusion: support U.S ... this year ACT released a report on the importance of foreign direct investment to innovative technology [more...]
Date: 2008-10-30 18:32:47
3 Auto Suppliers (AXL, MGA, DAN) To Win From A Detroit Bailout
The Big Three are up on Capitol Hill, making their case for a government bailout ... on the economic hearts of Americans by releasing a report that shows if it fails over 3,000 workers ... of credit. If Ford has enough cash to keep its creditors at bay and its operations running, why [more...]
Date: 2008-11-18 18:57:57
Daily Payday Update
Still getting through the inbox. Here are all the Payday releases from recent days. First, on a Progress Ohio report: CLEVELAND, OH – Accredited Ohio credit counselors are decisively against the use of payday loans, according to a new report issued by Policy Matters Ohio [more...]
Date: 2008-10-15 14:16:16
Existing Home Sales Report: November 2008
Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for November clearly showing a dramatic new leg down in ... to Washington for handouts as Lawrence Yun notes:“The quickly deteriorating conditions in the job market, stock ... for some buyers with good credit,”The following (click for larger versions) are charts [more...]
Date: 2008-12-24 04:39:00
Firm Cries Foul on Credit Reporting, Mortgage Loans
Nearly one in two borrowers is plagued by medical collection accounts that are lowering their credit scores and limiting their ability to get a ... mortgage, said mortgage and credit expert Rodney Anderson, of Rodney Anderson Lending Services, in a press release Monday. When the Federal Reserve announced its plan to invest up to $600 billion in ... [more...]
Date: 2008-12-08 16:04:24
Eco ‘credit crunch’ warning
The World Wide Fund for Nature has released the latest of its Living Planet reports, ... change. The report also found Canada has the 12th largest water footprint, with the average Canadian ... s report is being compared to the financial crisis. “The recent downturn in the global economy [more...]
Date: 2008-10-29 16:24:27
Cortera launches first community for small business credit repor...
Boca Raton, Florida and DEMOfall 2009, San Diego, California (PRESS RELEASE – September 26, 2009) — Cortera™, a community-driven business information company, today unveiled the Cortera Credit Exchange™, http://www.cortera.com, a new online service that, for the first time, blends business credit report data with user generated payment experience reviews and ratings from companies’ business partners. read more [more...]
Date: 2009-09-26 11:00:53
Weekly Economic Potpourri
The jobs report comes out tomorrow and the overwhelming odds are it will be the 9th consecutive month of job losses ... Charlie Rose yesterday. "They are not wrong to be worried." Ford, Honda U.S. Sales Plummet as Credit ... of dwindling sales and tighter credit, according to a newly released study by Grant Thornton LLP [more...]
Date: 2008-10-03 06:47:57
How You Can Stop Identity Theft
The FTC recently released a list of top consumer fraud complaints received in 2007 and not surprisingly, identity theft topped the list for the eighth year in a row at 32% of the overall complaints. Consumers reported over $1.2 billion in losses last year, even though there are many ways to fight identity theft . While we can’t be expected to live an exceedingly paranoid existence, we can be smart by monitoring our free Experian credit report. [more...]
Date: 2009-06-18 19:02:05
Bottoming Signs
Bottoming Signs Here and there are some small signs that the economy is at least bottoming — a crucial stepping ... continues to expand its balance sheet.Additionally, the credit freeze continues to thaw. The three-month ... stone to meaningful recovery.For example, the ISM non-manufacturing services report released today [more...]
Date: 2009-01-07 23:49:00
The new president's stimulating faith in economic witchcraft
Could somebody tell me who convinced Mr. Spare Change You Can Believe In that running up the credit cards is a brilliant way to resolve our economic ... the astronomical costs of the economic bailout were taken into account, according to an annual report released ... now on digging and filling holes, organic faerie-dust-powered cars and free-range IRS [more...]
Date: 2008-12-18 21:25:33
Another Environmental “Solution” Starts To Fall Apart: EU Infatuation With Ethanol Grows Cold - Canada, Too [Reader Post]
Give some credit to environmentalists: they don’t just tell us that we are killing the Earth they do frequently have “environmentally sound” ... of biofuels. At the same time, a new report for the British government cast fresh doubt on using ... down, citing a newly released report warning that current targets for biofuel production could cause [more...]
Date: 2008-07-08 17:21:35
Credit Crisis Insurance Losses: How Big?
This past week, in conjunction with the PLUS International Conference in San Francisco, ... to arise from the credit crisis. As reflected in its November 5, 2008 press release (here), Advisen ... ;O losses (refer to report here) and E&O losses (report here). Advisen has not only increased [more...]
Date: 2008-11-10 00:36:24
Even Silicon Valley Isn’t Shopping
For many Web 2.0 start-ups, build-it-to-flip-it has been a mantra of sorts, with most hoping to get big payouts when Google, Yahoo or AOL cuts them a big check. Unfortunately, the credit crisis has turned those dreams into layaway plans. The 451 Group, a research firm, released an M&A report this morning that should [more...]
Date: 2008-12-18 20:01:55
American Household Debt Declines, Personal Saving Rate Increases
This morning, Karl sent me a link to a CNN/Money article that is simultaneously happy and sad: ... ever, based on data going back to 1952. According to a Federal Reserve report released Thursday ... choice. USA Today writes: The decline in household debt levels is evidence of the severe credit [more...]
Date: 2008-12-11 23:00:20
US Fails to Protect Against the Living Dead & Other Dangers
The week of August 7th, 2008 the amount of malicious spam a single computer user received finally overtook health and product spam. Meant to exploit holes in your operating system, get credit card information from you, or simply ... for American Progress and the Center for Democracy and Technology have released a report which shows [more...]
Date: 2008-08-13 18:56:59
So Who Should We Believe?
The Securities and Exchange Commission (SEC) just released its voluminous report totaling more than 200 pages that investigated whether fair value ... ."The next day a group of insurers say just the opposite in its report."The application of fair value ... that fair value measurements caused the global credit crisis, "unreliable, and non-transparent fair va [more...]
Date: 2009-01-05 18:54:00
Manhattan Office Vacancy Rate Rises to 10.9%
The overall Manhattan vacancy rate rose to 10.9 percent in the fourth quarter, ... , according to the report released by FirstService Williams. Space available directly from a landlord ... Citigroup Inc., Credit Suisse Group AG, Credit Lyonnais, Alliance Bernstein, UBS AG, MetLife Inc [more...]
Date: 2008-12-24 05:57:02
Sometimes, You Gotta Flush Twice.
Obama pieces together economic planObama released a report from his economic team that claimed a $775 billion economic stimulus package he is ... . With no savings account, and a low credit score, they are hardly rich. You're rich when your money ... the minimums on your credit cards, and just the interest on that jumbo mortgage doesn't make you rich [more...]
Date: 2009-01-10 16:09:00
Cheney Defends Torture, Claims Country is Guided by "The Hand of Providence"
Last week, a group of conservative journalists sat down with Vice-President Cheney for a two hour discussion on the last eight years in the White ... not get credit for a lot of things that didn't happen; or to translate, Cheney is again making the claim ... in the future.We know, from the Senate Armed Services Committee report released a few weeks ago [more...]
Date: 2009-01-12 18:43:00
Chinese banks facing risks from bad loans
China’s lenders may have evaded the worst of the global credit crisis so far, but they are facing plenty of risks of their own, economists with credit agency Fitch Ratings said Friday. A larger-than-expected downturn ... ,” Chu said in a conference call following the release of a report outlining risks for the industry [more...]
Date: 2009-01-16 09:39:30
Short Term Credit Easing - Good Time For Money Market Funds?
Although the $700 billion US Treasury bailout program gets the headlines, ... in stimulating tight credit. Two programs - the Federal Reserve’s Commercial Paper Funding Facility (CPFF ... to a recently released Fed report. In order to create a cheaper lending market, The FDIC launched [more...]
Date: 2009-01-03 07:05:30
Beyond the BMI
The Great Weight Debate Photo Credit: Mandj98 There’s so much attention on the “obesity epidemic” from the media and fitness gurus ... . As part of the fact finding, the Prevention article cites a report released by the CDC (Centers ... disease than normal-weight people! As you would assume, the report did find a great risk [more...]
Date: 2009-01-15 11:32:44
Beyond the BMI
The Great Weight Debate Photo Credit: Mandj98 There’s so much attention on the “obesity epidemic” from the media and fitness gurus ... . As part of the fact finding, the Prevention article cites a report released by the CDC (Centers ... disease than normal-weight people! As you would assume, the report did find a great risk [more...]
Date: 2009-01-16 10:20:43
Coming This Week…
by Matthew Schwarzfeld - Credit: ProPublica Tuesday, July 15 New Yorker writer Jane Mayer releases her new book “The Dark Side, ... his semiannual report to the Senate Committee on Banking, Housing, and Urban Affairs. The testimony couldn’t come ... The Netroots Nation Conference (held in Austin, Texas) begins, running through Sunday. 9:30 [more...]
Date: 2008-07-14 18:06:00
Five Ways to Detect Fraud Using Geolocation
This post was written by Quova, they sent it as a press release but I thought it was interesting enough to publish on the blog. The 2008 Edition of the CyberSource Online Fraud Report highlights that out of 318 online ... who used credit card numbers later identified as stolen. The report estimates that in 2007 $3.6 [more...]
Date: 2008-12-15 13:04:02
Losing Confidence - and Sleep
Losing Confidence — and Sleep By Lisa Belkin Illustration by Barry Falls Already an insomniac, I find myself awake at 2 A.M ... one awake in the night, it seems. A report released today by ComPsych Corporation, a provider of corporate ... , the worries break down like this: Cost of living: 30 percent Credit-card debt: 29 percent [more...]
Date: 2008-10-27 15:47:05
"Stunning Decline" in Manufacturing Sector
This is without a catastrophic meltdown. If credit markets deteriorate further due to the failure to put a bailout program in place or for other ... tanked. Then, along came September. The ISM manufacturing report released this morning showed [more...]
Date: 2008-10-01 17:26:00
DTCC Claims Lehman Credit Default Swap Worries Overblown, Net Payments Only $6 Billion
Reader Tim sent us a link to a press release from The Depository Trust and Clearing Corporation which says that the net payout on Lehman credit ... has been the prospect of further bank failures resulting from Lehman payouts. DTCC's report, if accurate ... Misconceptions About the Credit Default Swap Market NEW YORK--(BUSINESS WIRE)-- The idea [more...]
Date: 2008-10-12 13:20:22
Research Oracle roundup for 14 January 2009
Earning Release HDFC Bank Ltd. (NYSE:HDB) reported healthy growth in Net Interest Income (NII) ... positive, we anticipate near term weakness in credit offtake, as well as rising default rates, due ... price when we revalue the bank in our next update report. Therefore, although the target price derived [more...]
Date: 2009-01-14 17:12:58
