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Do You Really Need to Open a Swiss Bank Account Online?

Do You Really Need to Open a Swiss Bank Account Online?

How does one open a Swiss bank account online and what advantages does this provide? The process of opening a foreign account may not be as complicated as it seems. Some banks may actually let consumers open an account with out a minimum …

Fifty percent of mortgages could be for more than the value of the house it covers by 2011

Fifty percent of mortgages could be for more than the value of the house it covers by 2011

The number of United States homeowners that owe more than their home is worth will likely double to 48% in 2011 from 26% at the conclusion of March. This would lead to another blow to the housing market. This is all according to Deutsche Bank.
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NAACP accuses HSBC and Wells Fargo of discrimination

The NAACP has planned to file a class action law suit against Wells Fargo and HSBC claiming they gave better loans to whites with the same qualifications (income, credit score, etc) as blacks.
Austin Tighe, co-lead counsel for the NAACP, told the Associated Press that black …

Freddie and Fannie holding off on foreclosures…for now.

In a special measure around the holiday season, Freddie Mac and Fannie Mae are holding off on foreclosures for about 16,000 homes.
They said today that they will be halting foreclosure sales between November 26, 2008 and January 9, 2009. During which time, they will be …

Housing Rescue should pass by Saturday.

Tomorrow up to 400,000 homeowners can take a sigh of relief after the Senate passes a bill to let them refinance into lower interest loans. This will be backed by the Federal Housing Administration. The rescue gives the Treasury an unlimited amount of money …