Interest Rate

Oakland City Hall. (CBS)

Cash-Strapped Oakland Wants Out Of Costly Bond Deal With Goldman Sachs

Oakland is currently paying $4 million a year in interest to Goldman Sachs for bonds at a locked-in rate that has them overpaying by millions compared current rates. City officials have said that needs to change.

07/31/2012

A foreclosed Stockton home. (Justin Sullivan/Getty Images)

ConsumerWatch: HARP 2.0 Helping Underwater Homeowners Refinance

HARP 2.0, a more liberal version of the original Home Affordable Refinance Program, was unveiled in 2011. The new program started picking up steam just a few months ago, according to Rick Harper of the Consumer Credit Counseling Service.

07/27/2012

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