Ginnie Mae

In a recent post in our Money College series, Fruzsina Eordogh described her personal financial crisis brought about by excessive college debt -- especially private student loans. According to Eordogh, she borrowed $43,000 from Sallie Mae with an average interest rate of 9.5%. She has already...

Low down payments, risky mortgages guaranteed by government entities, rising defaults -- haven't we been here before? Isn't this the same mix of easy money and poor risk-management that blew up the housing market in 2007 and 2008? You'd think the mortgage industry and the federal government would...

One of the worst mistakes you can make right now is to withdraw money from your 401(k). Not only will you lock in the stock losses, but you'll pay a 10 percent penalty plus income tax on the money you take out. Even if you are over the age of 59 1/2, when you no longer need to pay the 10 percent...