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.
January 05, 2011
20 Counties Achieve 'AAA' Debt Rating Despite RecessionNew report from Standard & Poor’s finds size, location not a factor.
January 03, 2011
BofA Settles Home Loan Buyback Claims With Fannie, FreddieBank of America Corp. is settling some buyback claims on bad home loans sold to Fannie Mae and Freddie Mac as it attempts to separate itself further from one of the of the housing downturn's biggest headaches.
January 02, 2011
GOP Push Cuts, No Raising of Debt Ceiling; Goolsbee Warns of DefaultAs Republicans on the Sunday talk shows talked of repeal of the health care law and drastic spending cuts, Austan Goolsbee, the chairman of the Council of Economic Advisers, warned against a failure to raise the country’s debt ceiling.
December 22, 2010
Twas an Advisor’s Night Before ChristmasIn a reworking of Clement Clark Moore’s classic, tis the season to be jolly, and to hold off worry about 2011.
December 21, 2010
Mortgage Default Rate Rises in NovemberThe month of November saw the first increase in mortgage defaults since December of 2009, according to data released on Tuesday by Standard & Poor’s and Experian.
December 17, 2010
Moody’s Slashes Ireland’s Rating 5 Notches as EU Leaders MeetIn the wake of the approval of the EU-IMF rescue package for Ireland on Thursday, Moody’s on Friday slashed Ireland’s credit rating—not by an expected position or two but by five levels, from Aa2 to Baa1.
December 15, 2010
Moody’s May Downgrade Credit Rating of SpainMoody’s warned Spain on Wednesday that it might be in for a ratings downgrade, bringing that nation unwelcome attention before the start of a summit meeting of European Union (EU) leaders on Thursday.
December 14, 2010
Moody’s Threatens Credit Downgrades for Belgium, U.S.Ratings agencies piled on the gloom early in the week as Moody’s maintained its negative outlook on Spain’s banking system and warned on Monday that the U.S. might be in for a downgrade in its credit rating if the tax cut deal becomes law.
December 01, 2010
T. Rowe Price Economist Alan Levenson’s Outlook on Taxes, QE, EuropeTaxes and the U.S. deficit, China, QE II and the crisis in Euroland were some of the topics that T. Rowe Price Vice President and Chief Economist Alan Levenson touched on at a breakfast for the news media in New York on Wednesday.
November 08, 2010
Genworth Pays Off $250 Million in DebtGenworth Financial Inc. has made a pair of $125 million payments on two different 5-year revolving credit facilities.