Something that I’ve found myself joking about recently with my friends is that we should be selling off everything that we own that is made out of gold, whether it be gold bullion or some sort of family heirloom. That got me thinking, with gold at record prices is now the time to sell it [...]
Continue reading...Tuesday, February 24, 2009
In this Mary Delach Leonard – of the St. Louis Beacon – explores what it means for the US Government to nationalize the banking system. To read this article click here or on the picture below.
Continue reading...Wednesday, February 18, 2009
In this St. Louis Beacon article Mary Delach Leonard gets feedback from local experts about what Obama’s new $75 billion homeowner rescue plan means for Missouri. Click on the picture below to read the full article.
Continue reading...Monday, February 16, 2009
In this St. Louis Beacon article, Mary Delach Leonard explores Jon Stewart’s ‘trickle up’ economic stimulus plan with St. Louis Federal Reserve Economist Bill Emmons. To read this article click here or on the picture below.
Continue reading...Tuesday, February 10, 2009
Click here to read a St. Louis Beacon content on the fairness of the TARP and proposed economic stiumulus package.
Continue reading...Thursday, January 29, 2009
Originally appeared in the St. Louis Beacon Written by: Mary Delach Leonard Posted 3:13 p.m. Wed., Jan. 28 – In the grand scheme of the U.S. mortgage meltdown, Stacy Haynes of St. Louis is just one in 2.3 million. That’s the number of U.S. property owners who received foreclosure notices of some type in 2008, according to RealtyTrac.com, [...]
Continue reading...Friday, January 16, 2009
Click on the link below to find the St. Louis Beacon’s explanation of reverse mortgages.
Continue reading...Thursday, January 8, 2009
Free for all: Public libraries are a treasure trove, especially during economic tough times Written by Kathie Sutin, Special to the Beacon When economic times get tough, the wise get going — to the public library, that is. As the economy squeezes many St. Louisans’ budgets, area libraries are reporting increases in usage: More people are visiting [...]
Continue reading...Monday, January 5, 2009
Wanted: First-time homebuyers, willing to turn the market around Written By: Mary Delach Leonard Published in The St. Louis Beacon on January 5, 2009 Opportunity is knocking, say area Realtors who are pinning their hopes on first-time homebuyers willing to take advantage of bargain prices, low-interest mortgages and a temporary federal tax credit. “That first-time buyer really needs to [...]
Continue reading...Thursday, December 11, 2008
Beacon-omics 101: What are mortgage-backed securities? By Mary Delach Leonard, Beacon staff To construct a global financial meltdown, start with some building blocks called “mortgage-backed securities.” What are they? In a nutshell: A borrower goes to a lender to arrange financing to buy a house. The lender gives the borrower the money but then sells the loan – or [...]
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Thursday, March 26, 2009
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