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Wireless startup LightSquared files for bankruptcy

LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.

Technology / Telecom

created May 14, 2012 | popularity 4.8 / 5 (4) | comments 6

Study posits a theory of moral behavior

(PhysOrg.com) -- Why do some people behave morally while others do not? Sociologists at the University of California, Riverside and California State University, Northridge have developed a theory of the moral ...

Other Sciences / Social Sciences

created Feb 16, 2012 | popularity 3.7 / 5 (18) | comments 45 | with audio podcast

Chinese-Americans don't overborrow, study finds

Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American ...

Other Sciences / Economics & Business

created Oct 17, 2011 | popularity 5 / 5 (2) | comments 2

Google Advisor helps manage money

Google on Friday began providing US Internet users with tools for making financial decisions.

Technology / Internet

created May 21, 2011 | popularity not rated yet | comments 0

Study finds key tax break has adverse effect on homeownership, social welfare

The American dream of owning a home with a white picket fence may stay a dream for many, according to a recent study by a Kansas State University economist.

Other Sciences / Economics & Business

created Mar 30, 2011 | popularity 5 / 5 (3) | comments 0

One factor can make mortgage modifications up to one-third more likely, study finds

One factor, little-known by borrowers, can play a large role in whether banks are willing to renegotiate mortgages with homeowners who are struggling to meet payments.

Other Sciences / Economics & Business

created Feb 09, 2011 | popularity 5 / 5 (1) | comments 4

Government closes mortgage scams tied to Google

(AP) -- The federal government has shut down dozens of Internet scam artists who had been paying Google to run ads making bogus promises to help desperate homeowners scrambling to avoid foreclosures.

Technology / Internet

created Nov 17, 2011 | popularity not rated yet | comments 0

New mortgage design would minimize home foreclosures

With mortgage loan defaults on the rise yet again, two mortgage researchers are proposing a new type of mortgage contract that automatically resets the balance and the monthly payment based on the mortgaged home's market ...

Other Sciences / Economics & Business

created Jan 19, 2011 | popularity 4.3 / 5 (3) | comments 22

Recent financial crisis rooted in politics of creditworthiness, new study contends

A common reading of the recent subprime mortgage crisis pins the blame on bankers and loan brokers who extended mortgages to those who could not afford them, thereby inflating a housing bubble that was destined to burst.

Other Sciences / Social Sciences

created Jun 02, 2011 | popularity not rated yet | comments 0

Most mortgage meltdowns not caused by subprimes

Subprime mortgages were not the main reason behind the housing crisis that started in 2009 and continues to bedevil the faltering U.S. economy, according to a University of Michigan study.

Other Sciences / Economics & Business

created Oct 22, 2010 | popularity 5 / 5 (2) | comments 1

Some banks help keep mortgage holders out of default, studies find

While the nation's foreclosure crisis has focused blame on bad loan practices by some lenders, new research shows how some banks may have actually reduced the default risk of their homebuyers.

Other Sciences / Economics & Business

created Jan 03, 2011 | popularity 5 / 5 (2) | comments 1

Study: Chapter 13 bankruptcy little help in saving homes

Current chapter 13 bankruptcy laws do little to help filers save their homes from foreclosure, according to a study published in the Journal of Legal Studies.

Other Sciences / Economics & Business

created Mar 29, 2010 | popularity not rated yet | comments 1

Penn State law professor sheds light on foreclosure crisis (w/ Video)

(PhysOrg.com) -- Penn State Law Professor Marie Reilly, a bankruptcy and banking law expert, worries that the backlash over the current foreclosure crisis may be the "medicine that kills the patient." Laws and regulations ...

Other Sciences / Economics & Business

created Dec 21, 2010 | popularity not rated yet | comments 1

Mortgage defaults at lowest levels in five years

(PhysOrg.com) -- Default risk on home loans fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan's Ross School of Business.

Other Sciences / Economics & Business

created Dec 23, 2010 | popularity not rated yet | comments 0

Banking on outlier detection: Simple computer model could act as early warning system for failing banks

Recent bank failures point to the continuing need for vigilance by regulators and investors. Now, a report in the International Journal of Operational Research, discusses the possibility of an early-warning system that s ...

Other Sciences / Economics & Business

created Oct 07, 2009 | popularity 3 / 5 (2) | comments 0