Financial Headlines
Wednesday, December 03, 2008

Goldman Sachs Pondering Online Bank

New York-based bank Goldman Sachs is considering launching an online bank, The Wall Street Journal reported Wednesday.

Homeowner

Home Loan Fraud Still Rising; Florida Leads Nation

Despite more stringent underwriting of mortgages in the wake of record foreclosures, lenders continued to battle home loan fraud during the second quarter of the year, with Florida borrowers again submitting more questionable loan applications than borrowers in any state in the nation, according to an industry report released Tuesday.

Retirement Finance

Making the Jump to Debt-free Living

Many Americans are taking a hard look at their finances as they've faced layoffs and wage or hour cuts in this down economy, according to financial experts. But they can find hope in following the advice of financial management programs and companies.

College Finance

Wall Street Slump Hits College Funds

When it comes to Wall Street's 40 percent fall this year, the worries of some aging baby boomers extend beyond their 401(k) and IRA accounts. Americans had $101.7 billion invested in 529 college savings plans as of Sept. 30, down from $110.6 billion at the end of June, according to the College Savings Foundation.