While Bank of America has been grabbing headlines lately as the poster child for problematic mortgage and securities transactions dating back to the housing crash of 2008 and before, JP Morgan Chase has been conducting it own legal battles on similar charges of...
When the government shutdown ended, the value of the US dollar stood at its lowest point in about eight months, with some experts predicting it could fall even lower in the coming weeks. As China calls for a “de-Americanization” of the global financial world, what...
The government’s back up and running, and a newly struck deal on the debt crisis has headed off a default. Now, though, comes the fallout from the 16-day shutdown, as the dollar hovers near its lowest point in eight months and the Federal Reserve ponders what to do...
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...
