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[...] physicist approached me at a coffee break after I spoke on a panel about the economy: Big deal Scientist: I just won a big prize, should I invest in a foreign currency fund? Me: Do you save the [...]

[...] The investors in a lawsuit alleged that Citigroup lied about the quality of the mortgage-backed securities, which were issued in 2006. The investors, led by the City of Ann Arbor Employees’ [...]

[...] emergency savings then paying the bank a dollar of interest and getting a 30, 40, or even 50 percent rebate from state and local governments because of the tax deduction still means you are paying 70, [...]

[...] money. The best investment anyone can make with extra cash is to pay off debt, even your tax-coddled mortgage. Pay off your mortgage, if you are putting the maximum in retirement accounts and you have [...]

[...] and overstated the true quality of the loans.” The securities were issued by Citigroup Mortgage Loan Trust Inc. on Dec. 12, 2006. The settlement means the average recovery is $13.25 per $1,000 [...]

The investors in a lawsuit alleged that Citigroup lied about the quality of the mortgage-backed securities, which were issued in 2006. The investors, [...]

[...] , according to the court documents. “When compared to the estimated recoveries in similar recent MBS litigation, this is an excellent recovery for the settlement class,” according to the [...]

[...] used by the originators of the loans underlying the securities. They also said the so-called loan-to-value ratios of the loans were understated, and the credit ratings assigned to the securities were [...]

This is a great time for home buyers and homeowners alike. Interest rates are very low right now which is why you want to take a look at how much you [...]

[...] . The next time I saw him he had not paid off his mortgage. The prize money went to actively-managed currency funds. I don’t know his return; but, I know that whatever it was a lower risk [...]