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NEW YORK, Oct 31 (Reuters) - Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows. About 7.63 ... www.guardian.co.uk
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Consumers boosted their borrowing in September, defying expectations for a cutback. The Federal Reserve's report, released Friday, says consumer credit increased at a 3.2 percent annual pace in September. That was up from a 2.9 percent rate of decline in... www.sfgate.com
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WASHINGTON — The federal government is preparing to take tens of billions dollars in ownership stakes in an array of companies outside the banking sector, dramatically widening the scope of the Treasury Department's rescue effort beyond the $250 billion set aside for traditional financial firms, government and industry officials said. www.santafenewmexican.com
- Ex-con spills the beans on ID fraud - VNUNet.com
Ex-con spills the beans on ID fraud VNUNet.com, UK - 1 hour ago "It was widespread back then, but now they even have a term for it: identity theft ," he said. "It's everywhere you go. People say it's a small problem but ... www.vnunet.com
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