New Orleans: You can't go home again (Money via Yahoo! Finance)
Many of those unfamiliar with credit reports share a mistaken belief that credit reports display a near perfect accuracy. In reality errors on a credit report occur with alarming frequency. Reporting agencies rarely verify or cross check information unless they have a specific reason to do so. Therefore it becomes the obligation of each individual to verify the accuracy of their own credit report and begin the process of correcting inaccuracies of the credit report. Inaccuracies on a credit report may take several forms including reporting of credit information on items which were never associated with the individual in question, items which may be related to an individual but are reported improperly or items which may be attributed to the individual but should no longer be reported on a credit report. Important personal items are often miss-reported as well including ones address, social security number and employment history. Everyone should check these personal items as well when reviewing the accuracy of the credit report. Federal law sets the limit on reporting items of negative credit at 7 years except the case of Chapter 7 bankruptcy where the limit extends to 10 years.
New Orleans: You can't go home again (Money via Yahoo! Finance)
Two years have passed since Hurricane Katrina smashed into New Orleans. And if you hang out downtown and don't look too closely, you might think that everything is back to normal.
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As credit tightens, foreclosures plague US (AFP via Yahoo! News)
Swamped by rising US mortgage interest rates, hundreds of thousands of home buyers are seeing their homes seized by banks in a wrenching drama behind the financial turmoil rocking markets.
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Mortgage meltdown (Fort Wayne Journal Gazette)
When the subprime mortgage topic turns up, a lot of people tune out.
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Mortgage loans still available (Richmond Register)
During the financial uncertainties of the early 1980s, a brokerage firm hired the actor John Houseman to do a television commercial.After reciting a list of disturbing headlines, Houseman would ask, “Is the world going to end tomorrow?”Then he would look into the camera and reply, “Probably not.”That same message came through in interviews with several locally based mortgage lenders this week. ...
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As credit tightens, foreclosures plague US (TODAYonline)
A foreclosure sign sits in front of a home, March 2007 in Miami. Home foreclosures in the United States surged in July, affecting one in 693 households across the nation, a leading foreclosure data firm said Tuesday.
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U.S. rate cuts won't cure ailing market (MSN Money Canada)
Ben Bernanke and his U.S. Fed cohorts will get cheap money flowing with a series of interest-rate cuts. But that won't fix the credit crunch.
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Housing Bubble and Real Estate Market Tracker (Seeking Alpha via Yahoo! Finance)
A roundup of articles and data about the housing market.
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Education And Careers (Richfield Reaper)
Consolidate Student Loans, Then Look for Work (ARA) - Reduce your monthly student loan payments up to 53 percent at GradLoanCenter.com. You made it through school and are now faced with the challenges of the real world.
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Home Foreclosures Almost Double in July as Rates Rise (Update3) (Bloomberg.com)
Aug. 21 (Bloomberg) -- U.S. homes facing foreclosure almost doubled in July as property owners with adjustable-rate mortgages saw their payments rise and were unable to refinance because of the subprime crisis, RealtyTrac Inc. said.
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LOCAL NEWS (Daily Record)
A Roman Catholic priest who was put on administrative leave 13 years ago admitted to a judge Tuesday that he strip-searched one male teenager and had sexual talks with a second while counseling them as a social worker at the Daytop-NJ substance abuse facility in Mendham in 2004.
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New Orleans: You can't go home again (Money via Yahoo! Finance)
3. Items when challenged can be mistakenly erased. Consumers say they often experience computer operator mistakes.
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Don't Refinance Your Home to Pay Off Credit Card Debt - There's a Better Way (Benton Evening News)
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Boss can check your credit report (Bankrate.com via Yahoo! Finance)
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