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
8
0
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
0
7
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
0
0
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
6
0
(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
45
0
Owning a home has long been considered a crucial way to build wealth, but making such a purchase has become increasingly difficult for many residents. In addition to steep housing prices and high interest rates, there have ...
Economics & Business
Apr 2, 2024
0
1
When cyclones and floods hit populated areas, people's ability to pay their mortgage differs depending on the type and intensity of the extreme weather, research suggests.
Economics & Business
Jan 16, 2024
0
2
Homeownership has long been thought of as the great Australian dream. For individuals, it's seen as the path to adulthood and prosperity. For the nation, it's seen as a cornerstone of economic and social policy.
Social Sciences
Nov 6, 2023
0
16
Banks reporting high profits in good times could be taking greater risks with their portfolios that lead to bigger trouble in a future downturn, according to a study co-authored by a University of Michigan researcher and ...
Economics & Business
Oct 3, 2023
0
1
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
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