Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
March 27, 2012
OECD Calls for Realistic Debt Targets, Higher Firewall in EUContinuing weakness in banks, rising debt levels and questionable ability to meet fiscal targets combine to create an atmosphere in need of fiscal reform.
March 26, 2012
European StagnationWhen the financial system faces a major bankruptcy, one that is large enough to threaten its health, it often makes sense to buy time. Regulators, central bankers, multilateral lenders and governments.
March 26, 2012
Reconsidering Reverse MortgagesTimes were tough for Dorothy Ariail back in 1977 when she became a young widow with three children.
March 26, 2012
Spain Could Relaunch Debt Crisis: MontiWhile Prime Minister Mario Monti of Italy had praise for Spains efforts to relax its work regulations, he criticized its budget-cutting efforts, saying it hasnt paid enough attention to its public accounts.
March 23, 2012
AIG Adds $1.5B to Government PaybackAmerican International Group Inc.s (AIG) remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
March 22, 2012
U.S. Bank Lending Below Depression-Era Levels: S&PU.S. bank loans are at such lows that the economic recovery has been nearly loan-free, S&P's head of financial institutions ratings said Wednesday in New York.
March 20, 2012
IMF: Greece Will Need Third Bailout in Debt WritedownsLast week Greece was granted a massive bailout for the second time, after winning hard-fought concessions from its private debt holders and pushing through additional unpopular austerity measures. This week the IMF said it expected Greece to need additional funding or more debt restructuringin effect, a third bailout.
March 15, 2012
Pressed for Cash, Older Boomers Turn to Reverse MortgagesA new study from the MetLife Mature Market Institute shows that the average age of reverse mortgage users is plummeting, as Boomers increasingly turn to the device as a standard financial planning option.
March 15, 2012
Pressed for Cash, Older Boomers Turn to Reverse MortgagesA new study from the MetLife Mature Market Institute shows that the average age of reverse mortgage users is plummeting, as Boomers increasingly turn to the device as a standard financial planning option.
March 13, 2012
Ed DeMarco's Refusal on Principal Reductions Grounds for Firing (Huffington Post)Groups call for the ouster of Edward J. DeMarco the man keeping American homes "underwater."