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  2. 'We owe over $1 million': A Chicago man who tried to be a ...

    www.aol.com/finance/owe-over-1-million-chicago...

    To put his problem in context, the average American consumer holds $104,215 in debt, according to Q3 2023 data from credit bureau Experian. However, that number is skewed by some households that ...

  3. US homeowners are now sitting on record-setting $17 ... - AOL

    www.aol.com/finance/us-homeowners-now-sitting...

    American mortgage holders now have access to a whopping $11 trillion in tappable equity — out of $17 trillion in total — which is a record for U.S. homeowners.

  4. This 102-year-old resort owner knows a thing or two about ...

    www.aol.com/finance/102-old-resort-owner-knows...

    The couple had two children, and today her daughter, Sarah Livia Brightwood, who has had thousands of trees planted on the property, runs the resort. “She's the boss,” says Deborah. “She ...

  5. Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC

    en.wikipedia.org/wiki/Great_Lakes_Insurance_SE_v...

    Great Lakes Insurance is a marine insurance company organized in Germany and headquartered in the United Kingdom. Raiders Retreat Realty Co. is an LLC based in Pennsylvania. From 2007 until 2019, Great Lakes insured a yacht owned by Raiders for up to $550,000. As a part of the agreement, the parties included a choice-of-law clause in their ...

  6. Companies hoping to evade CFPB don't get what they want from ...

    www.aol.com/finance/companies-hoping-evade-cfpb...

    Community Financial Services Association of America — the high court held in a 7-2 decision that the agency’s funding meets the requirements of the Constitution’s Appropriations Clause. The ...

  7. Consumer Reports - Wikipedia

    en.wikipedia.org/wiki/Consumer_Reports

    Consumer Reports. Consumer Reports ( CR ), formerly Consumers Union ( CU ), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy. [2] Founded in 1936, CR was created to serve as a source of information that consumers ...

  8. Investors are snatching up 1 in 5 homes for sale in new ... - AOL

    www.aol.com/investors-snatching-1-5-homes...

    A house is for sale in Arlington, Virginia, on July 13, 2023. However, real estate investors are also snatching up a record share of the most affordable homes in the country, according to the ...

  9. How rich homebuyers are avoiding high mortgage rates - AOL

    www.aol.com/finance/rich-homebuyers-avoiding...

    A normal Manhattan market, where the average sales price for luxury homes was $7.5 million in the first quarter, would be "50% cash and 50% finance," said Jonathan Miller, president and CEO of ...

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