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mortgages

States Not Utilizing Foreclosure Settlement Funding?

After a massive settlement with the nation's largest mortgage lenders over bad foreclosure practices, many states haven't put their payouts to proper use.

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Managing Debt

Studies Show Consumer Debt Is Dropping

Perhaps one of the most important of these factors is the recent data from the Federal Reserve Board, which shows that the amount owed by the average household as a percentage of its total disposable

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Credit Cards

Walmart & AmEx Team Up for Low-Cost Prepaid Card

Walmart and American Express recently announced that they were going to release a new prepaid card option specifically targeted to the store's lower-income shoppers.

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mortgages

Government Survey Signals Housing Market Recovery

The housing market has strengthened considerably since the end of last year, and as a result, there is now an additional $860 billion in home equity nationwide, according to the latest Housing Scoreca

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Credit Score

Many Americans Think Having a Low Credit Score Is Fine

A sizable amount of Americans now consider it socially acceptable to have a low credit score or strategically default on their outstanding mortgage balances, according to new data.

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Credit Score

Is the U.S. Violating Its Own Credit Reporting Laws?

The U.S. Supreme Court is trying to determine whether the federal government should be held accountable for the way it may have exposed consumers to identity theft.

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mortgages

Consumers Catching Up on Late Mortgages

The number of home loans 60 days or more behind on payments slipped to the lowest levels observed in three years, according to a new report.

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Identity Theft and Scams

Top U.S. Banks Hit With Massive Hacking Attacks

Some of the largest and best-known banks in the country were recently targeted by hacking attacks that crippled their websites, and experts say these could be the biggest attacks ever.

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Credit Cards

Are You Getting a Refund From Discover?

Discover Bank, the credit card issuing arm of Discover Financial Services, recently struck a deal with the FDIC and the CFPB to settle a case related to its marketing of credit protection services by

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mortgages

What QE3 Could Mean for Borrowers

The Fed believes that increasing its longer-term securities holdings by roughly $85 billion per month, it could serve to drive down long-term interest rates.

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