Long marketed to retirees and those heading toward retirement age, reverse mortgages just got harder to negotiate, thanks to new regulations that make those equity-based loans more expensive and harder to get. And the goal, according to the Federal Housing...
Time was, teaching children how to manage money was as simple as handing them an allowance and helping them to open a savings account when they were old enough. But while that old strategy may have taught kids the value of saving, it didn’t show them much about the...
When the Alpine Swift flies south for the winter, it spends six months in the air – nonstop. According to a recent Newser report, Swiss scientists tracking the small black and white bird found that it eats and sleeps on the wing, never touching land till it reaches...
As the government shutdown drags on amid accusations and counteraccusations from both sides, a new phrase is entering public awareness: raising (or not) the federal debt limit, or debt ceiling. And the fate of this metaphorical ceiling has housing industry...
A while ago we brought you 7 bits of investing inspiration from leading entrepreneurs, financiers and investors past and present. But those weren’t the only wise words for the investor’s soul. Short and sweet, these comments from people as diverse as a real estate...
There’s no shortage of investing advice, designed to guide real-estate investors both experienced and new through the pitfalls of starting - or maintaining - an investing career aimed at building long term wealth. But even in a world filled with investing information,...
How did the FBI end up with over $3 million in Bitcoins? How did the virtual currency become the medium of choice for transactions on the cybernarcotics site Silk Road? And more important, perhaps – why should we care? The saga of the world’s first digital money...
If the power and reach of social media in today’s world were ever in doubt, here’s the latest demonstration: a profile on the professional network LinkedIn became the equivalent of a real person in the latest fraud case against perennial defendant Bank of America....
To lenders worried about how the Qualified Mortgage Rule will affect mortgage loan liability: never fear, automated assessment tools are here, as a growing number of software companies offer online solutions to help mortgage lenders negotiate the provisions of the QM...
The threatened government shutdown has become reality, as policymakers on both sides of the aisle find it impossible to play nice. It’s unclear how long the situation will last, and it’s raising real concerns about what will happen to a wide range of government...
