News

2021

January

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  • Biden choices for CFPB, SEC pivot to robust enforcement. President-elect Joe Biden is set to nominate Rohit Chopra, the former student loan ombudsman for the Consumer Financial Protection Bureau, to lead the consumer finance agency. Biden will tap Gary Gensler, the former chairman of
15
  • Federal rent relief is coming. Thestimulus law passed by Congress in late December includes $25 billion in rental relief funds, with an estimated $2.6 billion coming to California. Here are some things you should know about that money.
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  • Options for struggling landlords. Critical eviction moratoriums don’t offer much relief for mom-and-pop landlords who still have to pay to keep their buildings operating.
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  • What Is a charge-off?. While a charge-off may sound like a solution to an unpaid debt, it indicates that your creditor determined that you are unlikely to repay a delinquent account. Delinquent credit accounts are subject to charge-off after 120

2020

December

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  • What the new COVID relief package means for your money. A second wave of federal coronavirus relief totaling $900 billion could begin flowing to millions of Americans as soon as the year’s end, nearly nine months after Congress passed the original pandemic relief package
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  • How your personal finances can survive a pandemic. The economic fallout from shutdowns and entire industries collapsing has wreaked continual havoc on the personal finances of many Americans. Though those at the upper end of the income ladder may have seen their portfolios
 

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