News

2019

August

21

• Trump takes measures amid mounting economic concerns. President Trump on Tuesday confirmed he is considering whether to push for a temporary payroll tax cut or other tax changes amid mounting concerns about an economic slowdown. Trump tried to tout the economy&rsquo

12

• 7 signs you can afford the home you want to buy. While housing prices have been on the rise, and trends in how buyers make down payments are changing, many looking to buy a home might feel that they're ready. A few top questions to

09

• FHFA decision harms limited English consumers, advocates warn. For Immediate Release:  The Americans for Financial Reform (AFR) Language Access Task Force strongly opposes the decision announced by the Federal Housing Finance Agency (FHFA) to remove the question about a borrower

05

• CFPB rule change might make it harder to get mortgages. The Consumer Financial Protection Bureau is allowing a provision to expire that once made it easier for Americans to get mortgages. The "qualified mortgage patch" was a temporary provision that allowed Fannie Mae

• As mortgage interest deduction vanishes, housing market shrugs. The mortgage-interest deduction, a beloved tax break bound tightly to the American dream of homeownership, once seemed politically invincible. Then it nearly vanished in middle-class neighborhoods across the country, and it appears that hardly anyone

July

31

• Trump’s former anti-discrimination official 'may have abused his authority'. A former top Trump administration appointee at the Consumer Financial Protection Bureau “may have abused his authority” and “misused his position for private gain” in an attempt to defuse an article

25

• Homeowners face foreclosure from seller’s unpaid tax bill. Q: I bought a home in 2013. I received free and clear title to it. However, this week I was served with papers for foreclosure because of the previous owners’ nonpayment of back taxes. It

• Your college major may affect your ability to get a loan. When students choose where to attend college and what subject to major in, they can expect those decisions to have an impact on certain aspects of their life, like their career or earnings. But if

23

• MD helps people with student loans purchase homes. A Maryland initiative to help residents with education loans purchase their first home and wipe out college debt at the same time is taking off.

• Retirement advice you should question. There is so much you need to do to manage your money that it’s a good thing to get recommendations. But you need to consider the source and whether the advice is in

17

• Lack of affordable housing fuels reverse migration. The search for affordable housing is driving a new migration pattern. Instead of moving from the dust bowl states to California, today’s financial woes push people from high-cost coastal cities to the

16

• On 107-degree day, APS cut power to customers. If Arizona Public Service hadn't cut off her electricity last September, Stephanie Pullman might still be alive today. On August 23, 2018, the utility mailed a warning letter to the 72-year-old’s home in Sun

12

• Why you shouldn't take on mom's debt, even if it's from your student loan. What obligation do you have to a parent who takes out a loan for your education? It’s an issue that came up during a recent online discussion.

11

• Earthquake insurance: Is it worth it?. “'No one can predict the future,” Ridout said. “But generally, homeowners are better served by putting their money into bolting the house to its foundation or other safety upgrades rather than premiums.'

08

• A new approach on housing affordability. A growing number of Americans are struggling to cope with the high and rising cost of rental housing in the United States. Democratic presidential candidates are promoting industrial-strength plans to ease the pain. The ideas

03

• Democrats press Carson after HUD hires controversial aide. Six Democratic senators are pressuring Housing and Urban Development (HUD) Secretary Ben Carson on his department’s hiring of a former consumer bureau official under investigation for a series of racist blog

02

• Ways a housing counselor can help a first-time home buyer. Housing counselors review your credit score and help you create an action plan to deal with any discrepancies in your credit report. Counselors debunk home-buying myths, such as that a 20 percent down payment is needed

01

• 5 tips on managing the boomerang generation. The “boomerang generation” has been around for two decades, and it does not appear to be going away anytime soon. Young adults today are more likely to live with their parents than previous

June

28

• How many credit bureaus are in the U.S.?. In addition to those large bureaus, dozens of other consumer-reporting companies, sometimes called specialty agencies, gather and sell personal data to landlords, employers and other decision-makers. "These specialty agencies focus in on a particular

• At 75, taking care of mom, 99. Because of longer life spans, many adult children and their parents are now “aging together.”