According to an AP report “A resurgent housing market, rising home values and steady job gains are helping more U.S. homeowners stay on top of their mortgage payments.” That same report stated that “The percentage of mortgage holders at least two months behind on their payments fell by 21 percent in the first three months […]

A class-action lawsuit against the three major credit bureaus made headlines when a federal appeals court threw out a proposed settlement, but more noteworthy is that the suit itself led to major improvements in how they generate consumer credit reports. In the lawsuit, thousands of U.S. consumers allege that Equifax, Experian and TransUnion were issuing […]

…and bringing some jobs with them A bankruptcy judge has approved the sale of Twinkies to a pair of investment firms, one of which has said it hopes to have the cakes back on shelves by summer. NBCNews Hostess closed its factories in late November following a strike by the union. The company had been […]