BLACK ONLINE NEWS NETWORK  www.blackfinancialtimes.com | Saturday, Jul. 31, 2010  
Breaking News  
Conference Call Services & Price
ATT and Verizon are conference call providers, web conference call, audio outbound conference call
Bernanke recouped personal losses in 2009 (Reuters)
Reuters - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed.
Cuomo widens insurer probe with 6 more subpoenas (Reuters)
Reuters - New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.
Reverse Mortgages Aren't Catching On (U.S. News & World Report)
U.S. News & World Report - The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disclosure has improved, and the federal government's insured reverse mortgage program has provided stability and credibility to the industry. A-list lenders have expanded their presence in the market; Wells Fargo and Bank America are the nation's top two reverse mortgage lenders.
Fannie Mae portfolio grows, delinquencies decline (Reuters)
Reuters - Fannie Mae expanded its mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May to the lowest level this year, the largest U.S. home loan purchaser said on Friday.
NY AG announces probe of life insurance industry (AP)
AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
MetLife posts Q2 earnings of $1.5 billion, beating Street (Reuters)
Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.
Fill Your Freezer

Set aside some time this weekend to get some fresh fruits, veggies and herbs into your freezer. It's a simple move that will save you loads this winter. Vegetable Freezing Instructions How to Freeze Herbs Print a Freezer Inventory List More About Freezing Foods Photo &copy Flickr user epSos.de

Covered Up in Cukes?

Don't be too quick to give them away! Once you check out this collection of recipes, you'll wish you had more (really): Cucumber Recipes More Use-It-Up Recipes: Tomato Recipes Squash Recipes Zucchini Recipes Photo &copy Flickr user foodistablog

What Have You Canned?

It's hard to believe, but we're already about midway through canning season. What have you gotten canned so far? I've done strawberry jam, blackberry jam and pickles, and I've also frozen dandelion blossoms and tomatoes for future batches of dandelion jelly and tomato sauce. See how forum members are doing. Photo &copy Flickr user amiefedora

How much life insurance do you need?

The answer depends on your health, income, age, savings and whether you have a spouse, kids or mortgage. Here's a simple way to calculate an actual dollar amount.

Some people can't get credit? Good!

Credit is a useful financial tool -- when it is extended and used responsibly. But given too freely, credit can wreak havoc on the whole economy. Where's the line?

Believe it or not, a housing shortage

Yes, even with months of inventory languishing on the market, some real-estate experts see a day coming when demand for new homes will exceed supply.

Bribed -- to pay off credit cards

Some customers who have been chipping away at big balances are being offered cash if they'll knock down their debts faster. Could you be one of them?

Strapped states find virtue in vice

Cities and states are investigating 'anything and everything' -- including looser restrictions on gambling, alcohol and strip clubs -- to drum up revenue.

Financial Headlines

Parental Leave: Can You Afford It?

Questions To Ask To Get Out Of Debt

Crazy Company Back-To-School Deals

Is Free Education Really Free?

Five Financial Faux Pas

Should Your College Kid Live At Home?

Latest Financial News

The Fastest Corporate Downfalls

The 12 Best Sources Of Business Financing

Seven Ways Financial Reform Will Haunt Small Biz

What It Takes To Be Best In Class

The Dumbest Financial Laws Of All Time

Fifteen Uncommonly Clever Economic Indicators

   

Saving & Spending

Watch for 'cash for clunkers' scams

'Official' owner wants cash for a clunker

Home equity can be used to buy car

How to spend extra money smartly

When a HELOC is used for a business

Credit

7 Ways to Spot a Credit Repair Scam

12 Reasons Your Budget Isn't Working

Beware Email and Phone Credit Card Scams

The Debt Collector Could Be Checking Your Facebook

Could This Be the Best Cashback/Balance Transfer Card Ever?

Which Comes First: Mortgage or Credit Card Payment?

   

More Financial News

7 Ways to Spot a Credit Repair Scam

12 Reasons Your Budget Isn't Working

Beware Email and Phone Credit Card Scams

The Debt Collector Could Be Checking Your Facebook

Could This Be the Best Cashback/Balance Transfer Card Ever?

Which Comes First: Mortgage or Credit Card Payment?

Other Financial News

Electronic Banking is Green

Cash-in Refinancing?

USAA Mobile Check Deposit Report

100+ Bank Failures in 2010

A Fresh Approach for ATMs

Don't Get Skimmed at the Pump

 

EXPRESSIONS

GIRL TALK
Girl.................... Tiger should change his name from Tiger Woods to Tiger DID!


Special Edition



  BLACK ONLINE NEWS NETWORK VIDEO
  BENJAMIN'S NEWS
Protecting tenants who report harassment

Q I'm feeling increasingly uncomfortable about the dynamics I'm witnessing at my apartment community. The manager is constantly hitting on my neighbor in public settings (like the pool), even to the point of insisting that she accept his "back rubs." She hates it and has tried to stop it, but she's afraid to complain to the owner (the manager is the owner's son). If I complain to the owner, can he evict me?


When a HELOC is used for a business

A couple wonders if interest on a HELOC is tax-deductible if the loan is used for an LLC.


Mortgage applications fall 4.4 percent last week (AP)

AP - Applications for home loans fell last week despite the lowest mortgage rates in decades.

Stock up on staples for pennies

This month's Frugal Sense winner spends mere pennies to stock up on staples like toothpaste.

Rent a car, risk a surprise ticket

Traffic camera operator ATS gets drivers' credit card data from rental companies, so if one of its cameras catches you, an unexpected charge may pop up on your bill.

Hello pension, bye-bye saving? Not so fast

Question: I'm retired on a pension and will soon start receiving Social Security. So I'm wondering, once you're retired do you still need an emergency fund of three to six months' worth of living expenses as you did when you were working? --Jim, West Farmington, Ohio

  Top Stories

- NAACP-SUPPORTED LEGISLATION TO REDUCE CRACK COCAINE/POWDER COCAINE SENTENCING DISPARITIES PASSES U.S. HOUSE AND SENATE

- How to Prove Workplace Discrimination to the EEOC | eHow.com

- Cleveland: Temp agency settles after profiling allegations

- Statement From the National Association of Black Journalists on the Reaction of News Organizations Covering Shirley Sherrod

- Department of Ed Rule will Limit Access for Black Students

  PRESS RELEASES THE WIRE
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EXPRESSIONS

SUNDAY SCHOOL
When ever you have consulted God about a decision you have to make, you will know his answer because when you make the decision you will have a peace about it

HAPPILY EVER AFTER
There are no perfect marriages because there are no two perfect people that can be put together to make one!

YES I CAN
I can because every organ in my body wants me to and they will provide all the encouragement I need as I go along!

SCHOOLING DIVALEESHA
Divaleesha......the way to a man's heart is not through the kitchen or the bed, it's through his head!

THE ACTIVIST
Whenever President Obama does somethiing large like signing the Wall Street Financial Reform bill, the mainstream media tries to find something small to build up and try to overshadow it in the news

REV. TELL IT LIKE IT IS
Parents .................if you raise a monster, eventually the monster will turn on you!

THE MYSTERY OF BLACK HISTORY
Alexandre Dumas is born July 24, 1802 ................. Alexandre Dumas was born in Villiers-Cotterets to a Haitian mulatto, Thomas Alexandre Dumas, and Marie Labouret Dumas, a French woman. He will become an acclaimed author of the French classics The Three Musketeers, The Count of Monte Cristo, The Man in the Iron Mask, and The Corsican Brothers. Dumas wrote hundreds of plays, novels and travel diaries. He wrote several children's stories, and a culinary dictionary. He started several magazines and wrote in them weekly. He was one of the most prolific writers ever, and did not shy away from collaborating with others or rewriting older stories.

THE KNOWLEDGE NUT
Did you know that...................... Overexposure to aluminum compounds—in foil, cookware, deodorants, antacids, toothpaste—can affect brain function?

DOCTOR KNOW
Due to high rates of diabetes, high blood pressure and heart disease, African Americans have an increased risk of developing kidney failure, and requiring dialysis treatments or a kidney transplant to sustain life.

GIRL TALK
Girl.................... Tiger should change his name from Tiger Woods to Tiger DID!

 

 
     
       
 

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