May 22, 2012

House Flipping Makes a Comeback

House Flipping Makes a Comeback December 9, 2009, Wall Street Journal Four years after the collapse of the U.S. housing bubble, flipping homes is back in fashion. Jon Mirmelli, a Phoenix real-estate investor, learned late in the morning of Sept. 28 that...(read more)

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]