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Finance Research News - June, 2005















HOME :: RESEARCH :: FINANCE :: NEWS :: ARCHIVE

Credit Research News - June, 2005



E-Mail technology may reduce Consumer Identity Theft

The adoption earlier this month of a new e-mail security technology by e-commerce merchant Amazon.com, service provider RoadRunner and Internet security firm IronPort Systems signals what industry watchers say might be the start of a trend that will harden e-mail from phishing and spamming attacks.



Becoming a home owner

According to the National Association of Realtors, single women made 22% of all new home purchases in 2004. That's up from 18% in 1997. About one-third of condo buyers are single women.



Foreclosure fight futile for some home owners

Columbia firm under fire for ads promising to help homeowners. the lawuit says the firm “has continually engaged in these fraudulent, unfair, deceptive practices and in making these representations in the past in other cases and to other parties.”



Reverse mortgages

Reverse mortgages -- a loan against the equity in a borrower's home that doesn't have to be repaid while the borrower lives in the house. Once the buyer dies, sells the house or moves to a nursing home or elsewhere for at least a year, the loan is repaid from sale proceeds.



The Consumer Price Index, an inflation gauge, fell 0.1% in May

According to a report released by the Department of Labor Wednesday. The drop in prices was below economist expectations of a 0.1% increase as compiled by Briefing.com. It was the first decline in the index since July 2004.



Liberty seeks to define consumer ID theft

Standards body the Liberty Alliance Project believes it can contribute something currently missing from the ongoing debate on tackling identity theft -- a lexicon of terms defining exactly what constitutes ID theft.



Identity Theft: Be a Guardian Of Your Personal Data

In the past six months, the personal data of millions of consumers have been lost, stolen or sold to identity thieves.



Credit feeds a home-buying frenzy

Not long ago, most of the calls coming in to the offices of Consumer Credit Counseling Service of NH & VT were about credit card debts. Now they’re about mortgages.



7 ways Congress can battle identity theft

So far, Congress hasn't had the will to enact laws that make identity theft more difficult and less profitable, but the recent rash of disclosures is putting more pressure on lawmakers to create real solutions to the epidemic.



Identity theft document disposal law kicks in

A new federal law kicked in requiring those who handle other people's personal information to dispose of the data properly. Recycling the paperwork isn't good enough -- it must be destroyed, the rule says, rendered useless to anyone who might stumble upon it.


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