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Borrowers wait for answers on Obama loan plan (AP)
AP - Hundreds of thousands of homeowners are in limbo waiting to find out if they will be accepted for the Obama administration's foreclosure prevention program.

Obama's proposed student loan overhaul gets boost (Reuters)
Reuters - President Barack Obama's stalled bid to overhaul the federal student loan program by cutting subsidies to private lenders and increasing aid to students received a boost on Friday.

Wells Fargo, Baltimore in talks after mortgage suit (Reuters)
Reuters - Wells Fargo & Co said on Friday it is in talks with Baltimore officials that could avert further litigation by that city over the bank's mortgage lending practices.

"Cash for keys" aids home borrowers, investors (Reuters)

Reuters - Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house.

BofA mortgage modifications jump in March (Reuters)
Reuters - Bank of America Corp completed 20,666 mortgage modifications in March under a U.S. government-backed program, up 61 percent from February, the bank said on Friday.

U.S. sales tax rates hit record high

Forbes: While the White House's push to raise federal income taxes for the wealthy gets the attention, the sales tax rates imposed by state and local governments has crept to its highest level ever.

ConsumerMan: The hazards of kids and credit
Credit card companies have a simple strategy: Get your customers while they are young. Most students these days graduate with thousands of dollars in unpaid credit card bills.


Credit card - Personal finance - Business - Home - Money Management

Credit card users not making big dent in debt
With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't.


Credit card - Debt - Unemployment - Business - Personal Finance

House OKs ’09 tax break for Chile gifts
The House has passed a bill that would allow taxpayers to write off charitable donations to Chile earthquake relief efforts when they file their 2009 taxes this spring.


Chile - Earthquake - Tax - South America - Donation

Comparing the top 3 tax-prep sites
Confused by taxes? Here is a breakdown of what the major tax-prep services — Intuit TurboTax, H&R Block at Home and Second Story Software's TaxAct — offer for consumers.


TurboTax - Tax - Intuit - H&R Block - United States