Consumers unexpectedly borrowed more in September (AP)

Filed Under (Personal Finance) by on 07-11-2008

Graphic shows outstanding consumer debt from revolving credit accounts;AP - Consumers boosted their borrowing in September, defying expectations for a cutback.

--- AP ...

Consumer credit rose $6.86 billion in September (Reuters)

Filed Under (Personal Finance) by on 07-11-2008

Reuters - Consumer borrowing unexpectedly rose by $6.86 billion in September, resuming its upward march after falling in August for the first time in more than a decade, a Federal Reserve report showed on Friday.

--- Reuters ...

Foreign-currency mortgages stress E. Europeans (AP)

Filed Under (Personal Finance) by on 07-11-2008

AP - Zsolt Kerecsen, a 34-year-old software developer with three kids and a mortgage, is no high roller. But like thousands of other middle-class Hungarians he gambled by borrowing to buy a home in Swiss francs.

--- AP ...

Is the Federal Home Loan Banking System at Risk? (BusinessWeek Online)

Filed Under (Personal Finance) by on 07-11-2008

BusinessWeek Online - Fannie Mae and Freddie Mac were controversial for years before they fell into government conservatorship this year. But few people have considered the risks posed by the Federal Home Loan Bank System (FHLB), even though it occupies the same gray area between the public and private sectors.

--- BusinessWeek Online ...

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