Forget the Mortgage, I'm Paying My Credit Card Bill (U.S. News & World Report) Personal Finance News - Yahoo! News - Mon, 08 Feb 2010 20:04:33 GMT U.S. News & World Report - Amid high unemployment and sliding home prices, a growing number of struggling consumers are doing what was once considered unthinkable: paying their credit card bills instead of thei 5a8 r mortgages. A recent study developed by TransUnion found the percentage of Americans who were current on their credit cards but behind on their mortgage increased to 6.6 percent in the third quarter of 2009, up from 4.3 percent in the first quarter of 2008. Meanwhile, the share of consumers making mortgage payments on time but behind on their credit cards moved in the opposite direction, sliding from 4. ...

American Capital Agency says earnings rose in 4Q (AP) Personal Finance News - Yahoo! News - Mon, 08 Feb 2010 17:25:24 GMT AP - American Capital Agency Corp. reported sharply higher earnings for the fourth quarter of 2009 Monday as the government-backed mortgage securities it holds gained value.

Hanmi brings in financial adviser (AP) Personal Finance News - Yahoo! News - Mon, 08 Feb 2010 12:43:20 GMT A 23f P - Hanmi Financial said Monday that it has retained Cappello Capital Corp. as a financial adviser while the company pursues strategic alternatives.

Goldman's payment demands on AIG probed: report (Reuters) Personal Finance News - Yahoo! News - Sun, 07 Feb 2010 20:12:47 GMT AP - Americans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products.

Consumer credit down in Nov. for record 11th month (AP) Personal Finance News - Yahoo! News - Fri, 05 Feb 2010 22:47:28 GMT Reuters - A weak job market and tight credit conditions caused consumer credit to fall $1.73 billion in December, the eleventh straight monthly decline, a report from the Federal Reserve showed on Friday.

December consumer credit down for 11th straight month (Reuters) Personal Finance News - Yahoo! News - Fri, 05 Feb 2010 20:24:00 GMT AP - Attorneys for retired Visteon workers are appealing a bankruptcy judge's order allowing the auto parts supplier to terminate their health and life insurance benefits.

Visteon retirees appeal decision on benefits (AP) Personal Finance News - Yahoo! News - Fri, 05 Feb 2010 19:58:37 GMT BusinessWeek - Financial planners can advise, books can inform, worksheets can approximate. But they'll never replace the advice you can get from folks who have ventured before you into that great unknown: retirement. To help you avoid dead ends and pitfalls, we asked retirees to look back over their time outside the working world and talk about their smartest financial moves, biggest surprises, and worst mistakes.

Smart Choices, Dumb Moves (BusinessWeek) Personal Finance News - Yahoo! News - Fri, 05 Feb 2010 13:08:42 GMT AP - The financial wizards who concocted the complicated mortgage-linked investments that nearly brought down the world economy are trying to come back from the dead.

Mortgage investors try to regroup after meltdown (AP) Personal Finance News - Yahoo! News - Thu, 04 Feb 2010 21:22:53 GMT AP - Rates on 30-year fixed mortgages rose slightly this week, inching above 5 percent, Freddie Mac said Thursday.

Mortgage rates edge up slightly (AP) Personal Finance News - Yahoo! News - Thu, 04 Feb 2010 16:54:25 GMT The Motley Fool - Stop over-thinking your portfolio. Take a mental "time out" and try some deep-breathing exercises. Do whatever it takes to rein in your caveman brain, because right now, your mind is one of your biggest liabilities -- emotionally and financially.