When it comes to assessing the nation's housing industry, one key measure that all housing industry stakeholders take note of is the annual Home Mortgage Disclosure Act report, which is commonly referred to as HMDA.
African-Americans' use of credit is no different than Whites. What distinguishes African-Americans from others is the fact that what they borrow supersedes significantly what they save.
A recent survey by Wells Fargo Home Mortgage revealed that many Americans are fiscally responsible and believe they understand what it takes to get a mortgage loan. However, answers to survey questions show that Americans can benefit from homebuying education.
Your credit is much like your physical health: the weaker it is, the harder it may be to get fit.
So what builds good credit?
For more than a decade, the Center for Responsible Lending has shared research on the predatory nature of payday loans.
Answer these questions honestly to determine places where you may need to shore up your financial condition.
As more women pursue higher education, become entrepreneurs, and outlive their mates, they will have access to increasing amounts of money to spend, leverage, and invest.
This Special Financial Issue of The Informer is committed to providing information for the primarily African-American readership to get its financial house in order.
Some have argued that the bureau, which supervises banks, credit unions and other fiscal companies while tasked with enforcing consumer financial laws, hasn't done its job in protecting American citizens.
Who is eligible for federal financial aid? Nearly every student is eligible for some form of financial aid, including low-interest Federal Stafford and/or parent PLUS loans, regardless of income or circumstances.
One method often used to achieve financial security is to have your money work for you. I am talking about investing.
Congresswoman Maxine Waters, a ranking member of the House Financial Services Committee, has proposed an overhaul of the Fair Credit Reporting Act.
A college education is supposed to open the doors to lifelong careers and entry into America's middle class. Yet students who enrolled at one of the more than 100 Corinthian College campuses across the country had college experiences characterized by ...
Those who are the most vulnerable need support and careful consideration and strategic planning for long-term care.