Could poor math skills raise your risk for foreclosure?
Borrowers who struggle with math are more likely to fall behind on their mortgage payments and face foreclosure than those who have stronger financial skills, new research suggests.
Borrowers who struggle with math are more likely to fall behind on their mortgage payments and face foreclosure than those who have stronger financial skills, new research suggests.
Economics & Business
Jun 24, 2013
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In 2007, the American housing boom ended, and there was heightened risk of a housing crisis. Private securitizers withdrew from purchasing high-risk mortgages, while government-sponsored enterprises, Fannie Mae and Freddie ...
Economics & Business
Jun 14, 2021
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Organisations must dramatically improve their response to cyber risks to avoid a new global shock on the scale of the financial crisis that rocked the world in 2008, a study showed Tuesday.
Security
Apr 22, 2014
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LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.
Telecom
May 14, 2012
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(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 self that may ...
Social Sciences
Feb 16, 2012
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Mortgage holders living in cities and other urban areas are more likely to struggle with their monthly repayments than those residing in rural locations, a new study has found.
Economics & Business
Aug 4, 2022
0
26
During the early months of the COVID-19 pandemic, having to make rent or mortgage payments was significantly associated with health and mental distress, according to new research from the University of Michigan School of ...
Economics & Business
Jul 27, 2021
1
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Lower-income households that received mortgages through state affordable mortgage programs were less likely to default or foreclose than similar households that received conventional financing, a national study found.
Economics & Business
Aug 27, 2020
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The number of Australians who couldn't pay their rent or mortgage on time has more than doubled due to COVID-19, new data from The Australian National University (ANU) shows.
Economics & Business
Jun 30, 2020
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A new study shows that the central bank tool known as quantitative easing helped consumers substantially during the last big economic downturn—a finding with clear relevance for today's pandemic-hit economy.
Economics & Business
Jun 25, 2020
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