Headline News Archive

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,

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

• 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

• 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

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

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

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

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

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

• 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

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

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

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

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,

• 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

29

• After the hurricane came the con. As towns along the Florida Panhandle start to assess the damage from Hurricane Michael and plan their next steps, homeowners in Long Island offer a

• Factors to weigh when considering a home re-refinance. There are four factors in what one expert calls a “home run refinance.” They are: lower interest rate, lower monthly payment, shorter loan

25

• Lenders reveal their secret sauce to Credit Karma. While currently lenders are only sharing their process for approval of personal loans or credit cards, larger loans such as auto or mortgage could be

24

• You’ve won the Mega Millions jackpot! Time to hide.. So, you’ve done it. Beaten the odds—one in 302,575,350—and won the largest Mega Millions jackpot in history. And it

• Blue-collar jobs are booming, just not for women. Well-paying jobs that don’t require a college degree are multiplying at the fastest rate in three decades, offering more Americans a