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Financial Tidbits 05/14/2013

The FDIC reports community banks hold only 14% of banking industry assets, but originate 46% of all small loans to businesses and farms in the country. RealtyTrac reports foreclosure activity in Apr. hit the lowest level in 74months, as the

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Financial Tidbits 04/02/2013

The IRS reports it has processed 77.1mm tax returns through Mar. 22 vs. 82mm for the same period last year. The average refund is $2,827 this year vs. $2,860 last year. Bloomberg reports US bank credit card delinquencies have fallen

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Posted in Debt, Economy, Money, Real Estate, Small Business, Tax Returns, Taxes

Financial Tidbits 03/25/2013

The US Mint last year paid about 2 cents to produce and ship each penny it created last year. So can we start saying “a penny saved is two pennies earned”? A recent survey by the America Saves and the

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Posted in Bank, Competition, Credit, Debt, Identity Theft, Investing, Loan, Money, Oil, Penny, Savings, Youtube

Financial Tidbits 3/19/2013

Five out of Four people have Trouble with Fractions! Bloomberg reports Bank of America is predicting housing prices will increase 8% this year, while JPMorgan Chase forecasts prices will increase 7% this year and rise to 14% by 2015. The

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Posted in Advice, Business Continuity, Finances, Home Prices, Money, Real Estate, Recession, Small Business, Tips

Financial Tidbits 02/27/2013

Zillow reports the percentage of homeowners with negative equity (owe more on their homes than the home is worth) fell to 27.5% as of the end of 2012 vs. 31.1% at the end of the prior year (nearly 12% better).

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Posted in Bank, Business, Economy, FDIC, Homeownership, Interest Rates, Lending, Money, Real Estate, Recession, Uncategorized

Interesting Tidbits 09/18/2012

Large private equity players are behind Waypoint Real Estate Group LLC and Colony American Homes, both of which are actively buying up thousands of foreclosed homes and then renting them out. Waypoint already owns 2,200 homes so far (on its

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