Word: mortgagee
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Over the short term, this can seem like a positive; we can get away with running a federal deficit that could hit $2 trillion this year only because of the dollar's status as global reserve currency. But borrowing trillions isn't really a ticket to long-run prosperity. In...
Communities like St. Helens often have more invested in the newcomers' success than they might imagine. A Pew Hispanic Center survey in November found that the median income for noncitizen Hispanics fell at a rate almost six times as high as that of other workers in 2008. In January 2009...
For what it's worth, Zandi says he is a registered Democrat. But he has an instinctive ability to avoid offending anyone, which happens to be a smart business strategy: politicians can cherry-pick from his research to bolster their own agendas; they then invite him to testify on Capitol...
It takes an estimated 32.7 hours to complete a standard 1040 income tax form, according to the Internal Revenue Service, so it's no wonder that nearly two-thirds of Americans get professional help. The U.S. income tax code, replete with embellishments like the earned-income tax credit and the...
"In this country, they treat people who owe money worse than criminals," says Vila, 49, an employee of a health-insurance company. Earlier this year, she fell behind on her mortgage payments. On March 31, she received a call from an unidentified collection agency that said it worked with the...