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Airlines improve on-time arrival rate The nation's largest airlines posted a higher on-time arrivals rate in September than in August or in September 2008, according to a U.S. Department of Transportation report issued Monday. ...more
November 10, 2009
WASHINGTON (AP) - The Federal Reserve says GMAC is the only one of 19 stress-tested banks that needs more capital to withstand a future downturn. ...more
November 9, 2009
A New York finance company that lent celebrity photographer Annie Leibovitz $24 million has filed a lawsuit charging that she reneged on the deal. ...more
July 31, 2009
Fannie Mae plans to pay retention bonuses of at least $1 million to four key executives as part of a plan to keep hundreds of employees from leaving the government-controlled company. ...more
March 18, 2009
Mortgage finance company Freddie Mac said it will allow some borrowers to rent their homes after losing them to foreclosure. ...more
January 31, 2009
Some advice from consumer lawyers on keeping your car loan in balance and avoiding a deficiency judgment in court: ...more
December 29, 2008
In a move that provides relief to thousands of renters who face eviction but draws the federal government even deeper into the housing market, loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed properties owned by the company. ...more
December 15, 2008
As a young man buying my first car, a Chevy, my parents had to co-sign for me to guarantee payment of my loan to the finance company. Many years later, this car company wants me to loan them money, telling me they will pay me back. Now, Congress is handling this action for me, and I want a guarantee of re-payment. If all the individuals in Congress will personally co-sign for the auto companies that I will get my money back, then what do I have to lose? ...more
December 9, 2008
Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her. ...more
October 5, 2008
The stranglehold on the credit markets remained tight Friday after the House approved a revised $700 billion financial bailout, with investors nervous that the plan is at most a first step in repairing the faltering U.S. economy. ...more
October 4, 2008
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