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    Personal Finance Headlines
    BlackRock plans hedge fund for U.S. retail clients (Reuters)
    Reuters - BlackRock Inc plans to launch a portfolio that will let wealthy individual investors access hedge funds that have boosted pension funds' and endowments' returns, the company said in a regulatory filing on Thursday. -- read full article
    Thu, 10 Dec 2009 20:48:59 GMT - Yahoo! News: Personal Finance News
    Mortgage rates still below 5 percent (AP)
    AP - Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday. -- read full article
    Thu, 10 Dec 2009 21:44:37 GMT - Yahoo! News: Personal Finance News
    Gov't mortgage plan provides little permanent help (AP)

    FILE - In this Feb. 23, 2009 file photo, a home is seen in San Antonio, facing imminent foreclosure without assistance. Just over 31,000 homeowners have received permanent loan modifications under the Obama administration's mortgage relief plan, a big setback for the government's embattled effort to stem the foreclosure crisis.(AP Photo/Eric Gay, file)AP - The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's recovery.


    -- read full article
    Thu, 10 Dec 2009 23:28:53 GMT - Yahoo! News: Personal Finance News
    Ariz. AG, bank execs meet about mortgage crisis (AP)
    AP - Arizona Attorney General Terry Goddard will be in Washington on Thursday to meet with executives from some of the nation's largest banks. -- read full article
    Thu, 10 Dec 2009 15:05:48 GMT - Yahoo! News: Personal Finance News
    Treasury: housing aid to push TARP losses up (Reuters)
    Reuters - The Treasury Department said on Thursday that losses from the government's $700 billion financial rescue fund are likely to rise as disbursements to battle mortgage foreclosures increase. -- read full article
    Thu, 10 Dec 2009 15:15:45 GMT - Yahoo! News: Personal Finance News
    U.S. fixed mortgage rates climb from record lows (Reuters)
    Reuters - U.S. fixed home loan rates edged above record lows in the past week, tracking bond yields higher following surprise improvement in November employment, home funding company Freddie Mac said on Thursday. -- read full article
    Thu, 10 Dec 2009 15:23:55 GMT - Yahoo! News: Personal Finance News
    Share some financial lessons with these gift ideas (AP)

    In this product image provided by OneShare, a single share of stock from The Walt Disney Company, is shown. The certificate gives kids a tangible way to learn about owning a portion of a company. (AP Photo/OneShare)AP - While others are blowing their holiday budgets, you can set an example and send a message by giving a gift with a focus on personal finance.


    -- read full article
    Thu, 10 Dec 2009 17:01:38 GMT - Yahoo! News: Personal Finance News
    Emerging markets too hot? Try mature economies (AP)
    AP - Spicy numbers make it easy to see emerging markets' allure: The average Latin American stock fund has more than doubled this year. -- read full article
    Thu, 10 Dec 2009 17:09:05 GMT - Yahoo! News: Personal Finance News
    BlackRock plans hedge fund for U.S. retail clients (Reuters)
    Reuters - BlackRock Inc plans to launch a new portfolio giving wealthy individual investors access to normally difficult to obtain hedge funds, the asset manager said in a regulatory filing on Thursday. -- read full article
    Thu, 10 Dec 2009 17:38:10 GMT - Yahoo! News: Personal Finance News
    Gov't program only helps 31,000 borrowers so far (AP)
    AP - Just over 31,000 homeowners have received permanent loan modifications under the Obama administration's mortgage relief plan, a big setback for the government's embattled effort to stem the foreclosure crisis. -- read full article
    Thu, 10 Dec 2009 19:55:02 GMT - Yahoo! News: Personal Finance News
    Lawmakers impatient with Obama mortgage plan (AP)
    AP - Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government's effort to stem the foreclosure crisis. -- read full article
    Tue, 08 Dec 2009 21:10:22 GMT - Yahoo! News: Personal Finance News
    JPMorgan CEO: Bank sees more mortgage losses (AP)
    AP - JPMorgan Chase & Co.'s CEO said Tuesday that the bank sees additional losses on home loans next year even as the economy shows slight improvements. -- read full article
    Tue, 08 Dec 2009 21:56:30 GMT - Yahoo! News: Personal Finance News
    JPMorgan sees consumer losses rising (Reuters)

    A woman walks past a JP Morgan Chase bank branch in New York, October 15, 2008. REUTERS/Lucas JacksonReuters - JPMorgan Chase & Co sees additional losses on credit cards and home loans next year although there are some signs the rate of losses is settling and it may not need to build credit reserves much further, Chief Executive Jamie Dimon said on Tuesday.


    -- read full article
    Tue, 08 Dec 2009 21:59:41 GMT - Yahoo! News: Personal Finance News
    SEC sues head of defunct Brookstreet Securities (AP)
    AP - Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-backed securities to unsophisticated investors. -- read full article
    Wed, 09 Dec 2009 00:12:04 GMT - Yahoo! News: Personal Finance News
    US charges 5 with foreclosure scam in Philly area (AP)
    AP - Five people were charged with using a supposed mortgage-rescue program to steal nearly $15 million in home equity from homeowners facing foreclosure in suburban Philadelphia. -- read full article
    Wed, 09 Dec 2009 13:04:19 GMT - Yahoo! News: Personal Finance News
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