Employees With Defined Benefit Plans Feel More Confident Than Those With 401(k) Plans Only Older workers are much less confident about their retirement security than they were two years ago as a result of the financial crisis, according to a new survey by Watson Wyatt, a leading global consulting firm. The survey also found that [...]
Urban Institute report recommends better disclosures and increased competition to protect consumers A new report by the Urban Institute finds that if payday advances are eliminated they “could be replaced by alternatives that make families even worse off.” In “Enabling Families to Weather Emergencies and Develop the Role of Assets,” by Signe-Mary McKernan and Caroline [...]
Company Efforts Geared Toward Stabilizing Key Market Segments and Increasing Rental Housing Opportunities Amid stress in the capital markets and a downturn in the Commercial Mortgage Backed Securities market, Fannie Mae (NYSE:FNM) today announced that it will expand liquidity, stability and affordability by increasing its participation in key segments of the multifamily market. The company [...]
America’s Second Harvest – The Nation’s Food Bank Network reported the results of a new survey that found 100 percent of food bank respondents have seen an increase in the number of clients served within the past year. The increase is estimated at 15 – 20 percent. Of those surveyed, 84 percent indicated they are [...]