More US states to join foreclosure-abuse deal (AP) Personal Finance News - Yahoo! News - Tue, 07 Feb 2012 22:38:25 GMT AP - Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages.

Another Boeing Loyalist Brightens the Skyline (The Motley Fool) Personal Finance News - Yahoo! News - Tue, 07 Feb 2012 01:52:17 GMT The Motley Fool - Thanks to the nuclear buildup in Iran, defense deals are pouring in. Backed by a solid reputation and loyal customers, Boeing (NYSE: BA - News) seems to have successfully cashed in on the scenario, as it ended 2011 with a bang.

Fidelity Nat'l to buy O'Charley's restaurant chain (AP) Personal Finance News - Yahoo! News - Mon, 06 Feb 2012 15:20:06 GMT AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.

New York sues banks over electronic mortgage system (Reuters) Personal Finance News - Yahoo! News - Fri, 03 Feb 2012 22:54:10 GMT Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.

NY's Schneiderman sues banks in foreclosure effort (AP) Personal Finance News - Yahoo! News - Fri, 03 Feb 2012 18:35:37 GMT AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures.

Goldman to face mortgage debt class-action lawsuit (Reuters) Personal Finance News - Yahoo! News - Fri, 03 Feb 2012 17:37:51 GMT Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.

If Japan Is Our Worst-Case Scenario, We're All Right (The Motley Fool) Personal Finance News - Yahoo! News - Fri, 03 Feb 2012 15:09:25 GMT The Motley Fool - In 1991, former MIT dean Lester Thurow wrote that "If one looks at the last 20 years, Japan would have to be considered the betting favorite to win the economy honors of owning the 21st century."

Analysis: Obstacles high for more mortgage prosecutions (Reuters) Personal Finance News - Yahoo! News - Fri, 03 Feb 2012 02:09:16 GMT Reuters - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.

Rate on 30-year mortgage falls to record 3.87 pct. (AP) Personal Finance News - Yahoo! News - Fri, 03 Feb 2012 00:01:17 GMT AP - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.

3 investments for an era of low interest rates (AP) Personal Finance News - Yahoo! News - Thu, 02 Feb 2012 22:50:37 GMT AP - The Federal Reserve is making it increasingly hard for investors to earn anything, unless they're willing to accept plenty of risk. Ben Bernanke and his Fed are playing the role of adviser, encouraging Americans to get a little more adventurous by shifting savings out of low-yielding bonds and putting it to work in stocks.