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Wells Fargo, Baltimore in talks after mortgage suit Reuters

Reuters – Wells Fargo & Co said on Friday it is in talks with Baltimore officials that could avert further litigation by that city over the bank’s mortgage lending practices. Read More Wells Fargo, Baltimore in talks after mortgage suit
Reuters

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Obamas proposed student loan overhaul gets boost Reuters

Reuters – President Barack Obama’s stalled bid to overhaul the federal student loan program by cutting subsidies to private lenders and increasing aid to students received a boost on Friday. Read More Obamas proposed student loan overhaul gets boost
Reuters

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Borrowers wait for answers on Obama loan plan AP

AP – Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration’s foreclosure prevention program. Read More Borrowers wait for answers on Obama loan plan
AP

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Democrats look to resurrect college aid plan AP

AP – Congressional Democrats want a stalled overhaul of college aid programs to get strapped onto a fast-track health care bill, giving both Obama administration priorities a better chance of passage. Read More Democrats look to resurrect college aid plan
AP

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Middleclass NYC apartment complex sold at auction AP

AP – The developer of a high profile middle-class Harlem apartment complex has lost ownership of the property after defaulting on the mortgage. Read More Middleclass NYC apartment complex sold at auction
AP

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Your Options When Seeking Bankruptcy Advice

Bankruptcy advice varies, depending on who you ask. A credit card debt reduction company might say that it’s better to just stick it out, settle your debts and establish a monthly payment schedule, even if it takes you five years to finish it!
Needless to say, many of the debtors set up on such plans drop [...]

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Union Pacific CEO seeing signs of better business AP

AP – The CEO of Union Pacific said Friday that shipments carried by the nation’s biggest railroad are stronger than expected this year, but are still a long way from full recovery. Read More Union Pacific CEO seeing signs of better business
AP

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US wine exports fall 15 percent in 2009 AP

AP – People worldwide are still buying U.S. wine in a tight economy, although exports were down in 2009 from 2008’s record-setting year. Read More US wine exports fall 15 percent in 2009
AP

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