Yes or No to a Loan? Depends on the Lender

It’s tougher to get financing for buying real estate these days. Banks are issuing fewer loans, and imposing tougher standards on the loans they do issue. But those standards can vary from institution to institution – and some lenders may say yes to a home loan, while...

Is Your Bank Safe From Cyberattack?

We all know how important it is to keep personal financial information safe from online theft – but can your bank do the same? As financial institutions small and large fall victim to cyberattacks that steal the account information – and money – of thousands of...

“The Hustle” Means Another Fraud Settlement for BofA

It seems like old news by now.  Charges, suits and settlements against the nation’s megababks for mortgage fraud dating back to the days of the housing bubble and subsequent crash keep making headlines with dismal regularity. And the trend continues as Bank of...

VA Home Loan Loophole Lets Veterans Invest

The Veterans Administration loan has long been a mainstay for helping veterans of the country’s armed forces create a stable life after leaving active duty. Generally these loans are limited to personal use, not investing. But a few loopholes in the rules for VA home...

Gold Prices Rise — But Risks Remain

Since ancient times, gold has been the enduring standard for wealth and stability. But in recent months, the value of that precious metal has taken a beating, with fluctuating process plummeting to levels not seen in a decade or more, then bouncing back. And although...