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The Obama administration has launched a new program that is designed to help homeowners in the foreclosure avoidance program. What do the new guidelines mean for you?

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Foreclosures and mortgage defaults have been a major problem in this economy. Does the decrease in defaults throughout California signal a turnaround?

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Federal Reserve Chairman Ben Bernanke was confirmed by the Senate for a second term by a 70 to 30 vote this evening.

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Steve Jobs is the most brilliant manager ever, and the iPad is his way of celebrating his victory. Here is how he is doing it.

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For those optimists talking up a housing recovery they might want to stop and take a deeper look into the housing crisis. Analysts at the Amherst Securities Group believe the market faces about 7 million properties that are likely to be... Read →
California thirty-year general-obligation munis are yielding close to 5.7% and more than 9% when the tax advantages are calculated. The question is, are they safe? Governor Schwarzenegger insists they are. Brett Arends from the Wall... Read →
How does the current unemployment rate impact the President's approval ratings? Quite a bit in President Obama's case according to the Pew Research Center for People and the Press. According to the research, President Obama's... Read →

Regulators are hell-bent on getting taxpayer money back and preventing another financial crisis in the future. However, haggling about personal aircraft use and committee hearing agendas doesn't really solve the problem.

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The Federal Reserve released its Federal Open Market Committee statement today and the most noticeable aspect was confirmation that it is winding down its purchase of mortgage backed securities. The statement says: "To provide... Read →

The hype meter on the iPad device got so high over the past few weeks that we expected the new device to surf the web, cook a meal, and do the laundry. Unfortunately, the device doesn't do any of that, or anything at all that would make it succeed where other tablet devices have failed.

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Reliabank Dakota, a South Dakota based community bank is offering a nationally available rewards checking account that currently pays 4.07% APY.

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The Fed is in a difficult situation as the self imposed deadline to halt its purchases of mortgage securities looms on March 31, 2010. These purchases of mortgage securities by the Fed are referred to as quantitative easing, which is... Read →

CD Laddering

How to maximize varying bank interest rates and create liquidity among certificate of deposits.

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Four Obstacles to Getting a Mortgage

Many people have a dream of owning their own home, but they have several obstacles standing in their way. Fortunately, these obstacles can be overcome.

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Once again, municipals held on to low nominal yields; however, tax-exempts did lag the Wednesday and Thursday flight to safety rally in Treasuries last week. More muni participants are actively discussing the possibility of a correction in prices this week: a reasonable development noting moderate institutional gains taking on Friday and the potential for a stock market rebound early this week. If yields do rise, long bonds appear most vulnerable.

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