Are You On The Credit Bureau's Blacklist?

By John Rasor your credit scores are not based on personal information like race, sex, or national origin ... report make up your credit score. Pretend for a moment that you are an underwriter working through ... , and deserve this loan, right? Could you be on the credit bureaus blacklist? Since [more...]

Date: 2008-12-22 16:07:07

Blog posts (35) | Videos (3)
 

FTC Delay Does Not Apply to Employers

Yesterday, the FTC announced a 6 month delay in enforcing their “Red Flags” Identity Theft Guidelines ... ve been in touch with the FTC and we now know that this delay only pertains to Financial ... from National Consumer Reporting Agencies (primarily credit bureaus) when conducting background checks [more...]

Date: 2008-10-23 16:11:42

Your Take: Are We In A Recession?

It used to be that the measure of a recession was two consecutive quarters of negative GDP, ... that the economy is expanding at a 1.9% average annual rate. And it takes the National Bureau ... t seen bottom yet. The credit turmoil in the financial system is spreading, most recently reaching [more...]

Date: 2008-08-08 10:18:51

The Great Crash of 2008

If this isn't a Great Crash I don't know how to define one. Stocks were down another 7 percent today ... have they gone on strike? Not because of the difficulty of getting credit. Most consumers can barely ... , 2007 (the National Bureau of Economic Research now tells us) was the first on record in which median earnings [more...]

Date: 2008-12-01 22:28:00

Obama talks stimulus. He hopes you are listening

The spate of retailers reporting devastating December sales this morning provided a nice backdrop for President-elect Obama's speech in Virginia ... that lower interest rates aren't getting the job done because credit markets are screwy and that tax ... , the National Bureau of Economic Research and the Brookings Institution. He argued that fiscal [more...]

Date: 2009-01-08 18:11:11

Robert Samuelson Thinks the Economy is Doing Just Great

The reason some of us note that Robert Samuelson is not a relative of Paul Samuelson has to do with his tendency to write this kind of nonsense: ... slump. The back-to-back recessions of 1980 and 1981-82 (as dated by the National Bureau of Economic ... , airlines, construction, mortgage banking. The "credit squeeze" triggered by losses on "subprime [more...]

Date: 2008-07-23 16:03:48

Fed Moves Beat Stimulus in Boosting Economy

Efforts to shore up liquidity in the wake of the subprime collapse are better suited to help the economy than those aimed at boosting consumer confidence and demand, two economists concluded in a National Bureau of Economic Research paper ... aggressively to channel liquidity into credit markets by creating new lending facilities like the [more...]

Date: 2008-08-07 15:20:28

Signs of Recovery, Signs of Stupidity

Signs of Recovery, Signs of Stupidity Posted by: admin in mortgage industry On Monday, ... in a recession, confirmed by the National Bureau of Economic Research. Of course, most ... of credit that banks will be reducing or eliminating [more...]

Date: 2008-12-30 11:00:26

Latest Credit Card Scam

.fullpost{display:inline;}The latest advisory from the National Bureau of Investigation (NBI) has warned the public against a credit card syndicate operating in Metro Manila.According ... to steal and falsify a businesswoman's credit card, apparently to be used in making illegal [more...]

Date: 2008-12-24 15:16:00

Wall Street Breakfast: Must-Know News

Thanksgiving rally falls with a thud. After a five-day rally that spurred hopes of a lasting recovery, ... a recession in December 2007, according to the National Bureau of Economic Research (NBER), ending ... confidence, and a lack of credit availability." His comments, including calling rate cuts below [more...]

Date: 2008-12-02 12:15:46

Obama Still Plans Middle Class Tax Cuts

Despite sharp criticism from some Republicans, President-elect Barack Obama is still planning to provide economic assistance to the middle class via ... economy will contract through the first half of 2009. The National Bureau of Economic Research ... that is at the root of the credit crunch probably deepened, another report due on Dec. 30 may show. The [more...]

Date: 2008-12-31 17:28:20

Property norms may be eased

China is prepared to take a more flexible approach in vetting property investment by foreign institutions without modifying its existing policy, ... to the National Bureau of Statistics. “So far, we haven’t received any instruction to revise ... because of the global credit crunch”. Statistics from Savills Beijing show that only five large-scale [more...]

Date: 2008-12-25 12:55:18

Express Newspapers To Axe More Than 80 Journalists

Express Newspapers To Axe More Than 80 Journalists By Dianne See Morrison - Wed 10 Sep 2008 06:58 AM PST More bad news for print ... a viable business able to cope with the problems of the national economy and the credit crunch ... in our circulation figures.” The latest Audit Bureau of Circulations sales figures show The Daily [more...]

Date: 2008-09-10 14:39:13

The Current Recession: More Than Just ‘Average’

Since 1854, the average length of a U.S. recession has been 17 months from peak to trough, according to the National Bureau of Economic Research ... including the bursting of the biggest credit and real … visit site to read more [more...]

Date: 2009-01-13 09:35:50

A Conservationist for the Interior Dept.

A Conservationist for the Interior Dept. By Kate Galbraith Senator Ken Salazar (Photo credit: Jack Dempsey/Associated Press) ... oversees agencies from the National Park Service to the Bureau of Indian Affairs. [more...]

Date: 2008-12-16 14:12:46

British PM says Britain, America headed toward recession

LONDON, England (CNN) — British Prime Minister Gordon Brown said Wednesday that Britain and other major world economies are heading toward a ... , the combination of a squeeze on take-home pay and a decline in credit poses the risk of a prolonged slowdown ... from the previous estimate, according to Britain’s Bureau of National Statistics. Results [more...]

Date: 2008-10-22 12:23:03

A housing recession!

From The New York Times, December 2, 2008 - Click on image to enlarge The above graphs depict various key factors contributing to the nature, ... on which the National Bureau of Economic Research relied heavily to “date” the recession still look ... , there was a huge housing bubble, inflated by years (maybe decades?) of easy credit and bad habits — [more...]

Date: 2008-12-03 20:48:23

Track and Lower Expenses to Save Money

According to the National Bureau of Economic Research, America has been suffering through a recession since December 2007. As people go cold turkey on credit and struggle to put their households on a cash basis ... before all others. (If you have credit card debt, be sure to include minimum payments as regular monthly [more...]

Date: 2008-12-05 16:00:39

Chinese Power Generation Growth 2002-2008

The non-2008 growth rates are why people like Michael Shellenberger tell a certain tech magazine things like, ... s DotEarthImage Credit: Richard K. Morse, Stanford University. Data from China’s National Bureau [more...]

Date: 2009-01-06 17:33:28

Global Investing Roundups, Tuesday, December 2nd, 2008

NBER: U.S. in Recession Since Dec. 2007; Fed Reserve Could Buy T-Bills; JP Morgan Sees 0% Interest Rates; Pilgrim’s Pride Files for Bankruptcy Protection; Consumer Credit Crunch in the Making; Crude ... has been in a recession since December 2007, the National Bureau of Economic Research said yesterday (Monday). Already [more...]

Date: 2008-12-02 16:25:29

Back to Risk Aversion

Japanese yen rallies…  Renminbi stumbles…  A very tough data week in store…  Rate cuts all around the world… And Now… Today’s Pfennig! ... boys” Paulson and Bernanke, to get this credit market crisis unlocked, the longer it will take before ... that make the official call on a recession the NBER (National Bureau of Economic Research [more...]

Date: 2008-12-01 13:43:14

The Early Bird: December 2, 2008

It's Official: Recession Is Here The National Bureau of Economic Research's conclusion that the U.S ... housing crisis is far from over. The credit reporting agency TransUnion LLC reports that the percentage ... Monday. Of the key indicators measured by the bureau, manufacturing slowed, jobs were cut, and real [more...]

Date: 2008-12-02 15:15:28

Recession Started In December 2007

I reported on this in January and now we have official confirmation ... , stagnant wages and hundreds of thousands of lost jobs. But the nonpartisan National Bureau of Economic ... now for America’s economy? Personally, with the news of a possible $2 trillion pull back on credit [more...]

Date: 2008-12-02 01:05:15

Bad news for fans of CCX system

The state of play in the USA is hard to say... when it comes to soil C sequestration.The conversations we had with the major American aggregators (Iowa Farm Bureau, North Dakota Farmers Union, National Carbon Offset Coalition) in November ... to assess the environmental benefits of agriculture and determine their value for carbon credit [more...]

Date: 2009-01-10 12:10:00

Housing Push for Hispanics Spawns Wave of Foreclosures

California Rep. Joe Baca has long pushed legislation he said would “open the doors to the American Dream” for first-time home buyers in his largely ... down payments, solid credit ratings or documentation of employment. Now, many of the Hispanics ... , according to the U.S. Census Bureau. Over that same period, homeownership nationally grew by 8%. In 2005 [more...]

Date: 2009-01-07 13:39:44

Housing Push for Hispanics Spawns Wave of Foreclosures

California Rep. Joe Baca has long pushed legislation he said would “open the doors to the American Dream” for first-time home buyers in his largely ... down payments, solid credit ratings or documentation of employment. Now, many of the Hispanics ... , according to the U.S. Census Bureau. Over that same period, homeownership nationally grew by 8%. In 2005 [more...]

Date: 2009-01-07 13:39:44

Alan Schram: The Story of 2008: What Went Wrong?

The past year has been financially chaotic on a level almost no one alive has ever seen ... to the National Bureau of Economic Research. The current recession, beginning in December 2007, has run 13 ... now that another bank sold some hedge fund $5 billion of credit default swaps on the bonds of a certain company [more...]

Date: 2009-01-12 05:06:35

U.S. Bleeding Jobs; Wall Street Doesn't Seem to Mind

On Friday, December 5, 2008 the U.S. Department of Labor reported a sharp loss of 533,000 jobs in the month of November ... to the National Bureau of Economic Research, today's recession began at December 2007. Friday's report ... that reverberated through credit markets has now debilitated the able-bodied worker. Indeed, labor [more...]

Date: 2008-12-09 12:56:06

Recession Dating: When in Doubt, Wait for a Crisis

Travel back to the first half of the year, after an asset bubble burst, ... earlier for the National Bureau of Economic Research’s Business Cycle Dating Committee. In both cases ... 2008 hit, promising to worsen the housing and credit crises. “Employment declined less than [more...]

Date: 2008-12-01 15:04:00

Tuesday morning -- and we're in a recession

As Sacramento Bee reporter Dale Kasler noted in his lead paragraph this morning: "No kidding" to the news yesterday from the National Bureau of Economic Research that the country's ... that Henry Paulson and company don't know why credit markets have frozen. Is it because the banks [more...]

Date: 2008-12-02 13:54:33

How does real estate perform in a recession?

From Bloomberg: Recession in U.S. May Be Just Beginning as Job Losses Mount The U.S ... War II era as job losses mount and credit dries up. The economic slump began in December 2007 when payrolls reached a peak, the business cycle dating committee of the National Bureau of Economic [more...]

Date: 2008-12-02 11:11:52

China Revises End of 2007 GDP Upward

The Chinese economy expanded a revised 13% in 2007 from a year earlier, up from an original estimate of 11.9%, the National Bureau of Statistics said in a statement on its Web site. Therefore, China ... China passes Germany to become 3rd largest economy Previous post start of credit crisis assessment [more...]

Date: 2009-01-16 22:50:21

50-50 Chance of Depression

From Bloomberg: U.S. Has 50% Chance of Depression, Economist Roger Farmer Says  The U.S ... Roger Farmer, a member of the National Bureau of Economic Research’s economic fluctuations and growth ... economists’ expectations that the recession will be the longest in the postwar era as banks restrict credit [more...]

Date: 2008-12-27 04:12:34

Spain to pour cash into financial system

MADRID (Spain) — The Spanish government will make available at least 30 billion euros (nearly $41 billion US) to the nation’s financial system to improve the flow of credit, Prime Minister Jose Luis Rodriguez ... his insistence that Spain’s financial system is sound. –From CNN Madrid Bureau Chief Al Goodman [more...]

Date: 2008-10-07 16:17:43

Credit clean-up

"I really enjoyed reading your article about credit repair companies offering false hopes and essentially scams to consumers," ... of the FTC's Bureau of Consumer Protection said, "Companies that promise they are able to scrub your credit ... try the Consumer Credit Counseling Service in Cedar Knolls. It is part of the non-profit National [more...]

Date: 2008-10-27 19:40:13

35 Results