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Equity skimmer admits to crimes (MalaysiaNews.net)
When Timothy Beliveau appeared in federal court Tuesday to plead guilty to money laundering and tax evasion charges, he didn't mention the people who allegedly lost their home equity in his "fore...
Home-Saving Loans Afoot (WallStreet Journal via Yahoo! Finance)
Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages.
Debt-loaded takeover plunged Foxtons owner into negative equity (Guardian Unlimited)
Estate agent chain known for its Minis falls victim to the housing crash as profit slumps 70% and debt reaches nearly £350m The meltdown in the housing market was mirrored at the estate agents Foxtons, where a collapse in profits was magnified by the private equity-backed company\'s struggle to service ...
Home Equity Impacts Retirement Planning More Than Stock Market Crash (Business Wire via Yahoo! Finance)
COLUMBUS, Ohio----More than 60 percent of households are ‘at risk’ of being financially unprepared for retirement, according to new research from the Center for Retirement Research at Boston College.
Debt-laden photographer Annie Leibovitz finds white knight in private equity firm (National Post)
Financially troubled photography icon Annie Leibovitz has turned to a US private equity firm to help deal with debts which had threatened to strip her of her archive of famous pictures. Colony Capital, a Los Angeles-based company focusing on real estate, said it had “formed a new partnership” with ...
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