| Aug 7, 2014
| 12:24 PM
As much as $79 billion in home equity lines of credit are at heightened risk for default in coming years as Americans face a day of reckoning on their boom-era second mortgages, a new study found.
Many home owners who took out so-called HELOCs during...
| Aug 7, 2014
| 6:01 PM
A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing.
Many homeowners who took out home equity lines, essentially second mortgages, during...
| Aug 8, 2014
| 3:52 PM
When the cash began running out at the nonprofit Amistad America Inc., officials defaulted on bank loans, skimped on bills, borrowed from employees and used state grant money as a temporary loan against other grants, a series of audits released Friday...
| Aug 4, 2014
| 5:06 PM
HARTFORD — Gov. Dannel P. Malloy's opponents jumped on the governor's newest campaign commercial on Monday for featuring the Newtown tragedy and using a disputed number to describe the state's debt situation.
Released on Monday morning, the 30-...
| Aug 22, 2014
| 10:48 AM
Heidi says she took out a payday loan in 2010 and then forgot about it. Now she's getting calls from someone claiming to be a lawyer threatening to take her to court unless she pays $250 right away and makes additional payments every two weeks.
| Apr 23, 2014
| 6:47 PM
Even though the recent financial crisis is barely in the rearview mirror, risk is starting to build once again in both the U.S. mortgage and housing markets.
Contrary to the prevailing view that only borrowers with pristine credit records can get a...
| Feb 19, 2014
| 12:30 PM
When AOL CEO Tim Armstrong made a splash recently about changing (and then not-changing) the 401(k) corporate matching policy, the focus was on his rationale for the new policy. He blamed costly "distressed births" of two AOL employees ($1,000,000 each)...
| Feb 18, 2014
| 12:17 PM
Below: A chronology of today's Florida Panthers / Broward County Commission meeting, with highlights of all that was said. Bottom line: A majority of commissioners support giving more hotel taxes to the team.
The Broward County Commission is holding...
| May 9, 2014
| 7:37 PM
The former owner of a Fort Lauderdale-based consulting company has pleaded guilty to bank fraud, U.S. Attorney Wifredo Ferrer announced.
Henry Fecker III, 60, formerly of Ft. Lauderdale, was the owner of Camden Consulting, Inc., a shell company used...
| Jul 25, 2014
| 7:14 AM
Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here.
Q: I’m a loan officer, and I have a client who is under contract to buy a home. She...
| Apr 27, 2014
| 2:30 AM
Here's a riddle for all you trigonometry fans: What do you call it when a student asks dad or grandma to help them take out a college loan to study advanced math?
Getting someone to co-sign so you can study cosines.
Trust me: Somewhere, a university...