Bank Settlement Checks Are Finally Out – But Bouncing

It’s been nearly four years since a group of the nation’s largest mortgage lenders agreed to a settlement in lawsuits charging them with fraud, wrongful evictions and other abuses in the “robosigning” scandal of 2008-9. Now, according to a New York Times update,...

Changing Demographics Affect Home Buying

“Owning a home is the keystone of wealth, both financial affluence and emotional security,” says financial guru Suze Orman. But as American ages, suffers financial instability and becomes more diverse, the definition of “home” is changing – and that creates new...

Is the Gold Standard Slipping?

Good as gold, the saying goes. But – no so much these days? The price of gold continues to fall, reaching its lowest levels in over two years, a drop that’s causing chaos in money markets around the world. The plummeting price of gold comes as the Federal Reserve...

10 Warning Signs of Real Estate Fraud

Real estate fraud takes many forms and targets all areas of the housing market, with an impact on investors, homeowners and renters all over the country. Because these schemes can be hard to spot, we’ll wrap up this week’s intermittent series on housing related fraud...

Bank of America Makes Over Its Image

The nation’s big banks are trying to clean up their image, and Bank of America is leading the way. With a brand new ad campaign aimed at r3estoring trust and winning the hearts of new customers, BofA aims to shed the baggage of its dirty past and eradicate consumers’...