News

2018

December

11

• Are you ready for the financial crisis of 2019?. Here are five ways things could get bad for everyone.

06

• Wells Fargo reform plans fail to satisfy Fed after scandals. The Federal Reserve has rejected Wells Fargo's plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions.

05

• How Trump appointees curbed a consumer protection agency. One year after Mick Mulvaney’s arrival, he and his political aides have constrained the Consumer Financial Protection Bureau from within, achieving what conservatives on Capitol Hill had for years been unable to do,

• This watchdog agency is smaller, quieter and less active under Trump. Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has seen its role diminished. “People wondered when I got — when I took the job if I was going to try and shut

• Wells Fargo computer glitch blamed as hundreds lose their homes. These days, Jose Aguilar can only drive by the home he and his family lost to foreclosure three years ago, the small ranch house in upstate New York where they wanted to raise their children.

November

28

• Buyers can get "more house" with Fannie, Freddie loan next year. Thanks to a 6.9 percent increase in average home values nationwide, the so-called conforming loan limit on mortgages backed by Fannie Mae and Freddie Mac will rise next year by the same percent, to $484,350 in most

22

• Legal technicians step in to fight justice gap. Marya Noyes left her job at Zillow in 2014 looking to make a difference. Law school was too expensive, but she eventually discovered a program in her home state of Washington that would allow her to

21

• Asian accent renters faced discrimination from landlords (Chinese). 儘管聯邦住屋公平法(Fair Housing Act)施行屆滿50年，然而全美年度住屋歧視仍高達400萬件，希望公平住屋中心(HOPE Fair Housing Center)執行主任侯塔琳(Anne V. Houghtaling)表示，華裔民眾在租屋或購房時，最常遇到的「變相歧視」，就是屋主一得知是華人，就以「房子已經不賣或不租了」作為拒絕藉口。

19

• How Democrats plan to save the consumer bureau. Newly empowered House Democrats are vowing an all-out fight to salvage the Consumer Financial Protection Bureau in the face of the Trump administration's drive to curb the agency's power.

17

• Airbnb reporta su mejor trimestre: ingresos de 1.000 MDD. Airbnb reportó su mejor trimestre de todos los tiempos, pese a que varios municipios de Estados Unidos han comenzado a regular el mercado de renta de viviendas a corto plazo.

15

• Utility customers could pay for wildfire damage. As wildfires ravage large swaths of California for a second year, one of the state’s biggest utilities has declared that it faces billions of dollars in potential liability — far more than its

• Online lenders charge minority borrowers more too. It’s not just bank loan officers with racial biases who discriminate against black and Latino borrowers. Computer algorithms do, too. That is the groundbreaking conclusion of University of California at Berkeley researchers who

14

• John Oliver segment features CFPB under attack. According to John Oliver, president Trump has failed to "drain the swamp" and instead put people in power who actively pursue relationships with special interest groups. In the penultimate episode of HBO's

13

• Can you save half your income so you can retire early?. FIRE followers believe many people can save more so that they can retire early.

• 1 million Americans live in RVs. Many say that this lifestyle has improved their marriages and made them much happier.

07

• Wells Fargo admits it incorrectly foreclosed on 545 homeowners. Wells Fargo acknowledged Tuesday that, because of a calculation error, it had improperly foreclosed on 545 distressed homeowners after they asked for help with their mortgages.

02

• Americans aren't financially healthy despite booming economy. Unemployment is low and the economy is growing at a healthy pace, but about three-quarters of Americans have financial problems, according to a survey released Thursday by USC and the nonprofit Center for Financial Services

01

• Tiny houses multiply as communities tackle homelessness. The 13 tiny houses sit in neat rows on the small plot of land in south Kansas City. There’s a comforting uniformity to the group, each structure a simple A-frame or slant roof, painted

October

31

• Owning someone else's home makes you rich. In the United States more than almost anywhere else, wealth and income are concentrated among business owners and landlords. And that club, blessed by capitalism, is becoming increasingly difficult to join. Business owners and landlords

• Student loan debt impacts millennial homebuyers. Student loan debt is impacting some first-time Millennial homebuyers. MagnifyMoney, a LendingTree-affiliated online site that helps consumers compare financial products, recently looked at student loan debt and Millennial average net worth. There were some