Although many economists claim the recession is over, millions of Americans, particularly in communities of color, are still reeling from its financial effects. New mortgage rules, effective Jan. 10, offer a strong foundation to begin rebuilding what has been lost.
In the aftermath of a recent report that found the lack of student loan servicing standards and information on monies owed, two U.S. senators will work as a team to create a Student Loan Borrower Bill of Rights.
Wells Fargo & Company, America's largest mortgage lender, and NeighborWorks America, a national nonprofit organization which creates opportunities for people to live in affordable homes and improve their lives, announced Thursday more than 5,000 low- to moderate-income adults have become ...
The Department of Insurance, Securities and Banking has received a number of questions and concerns about lottery scams, especially from seniors.
Just in time for the holiday season, three federal regulators have taken two separate actions against payday lending.
Now, more than ever, it’s important for us to understand what it means to be a Conscious Consumer — particularly during the busiest shopping season of the year.
Despite the uncomfortable nature of these discussions, adult children talking with parents about their finances is not only essential but can be a rewarding experience for everyone involved.
New research finds that the ability to reach some level of financial security or well-being can be like a chicken and the egg question: Which comes first — the problem or the lack of money?
An analysis of the recent Consumer Financial Protection Bureau's Student Loan Ombudsman report concluded that private student loans are a risky and high-cost method to pay for a college education.
With the annual holiday season approaching, many across the country will soon be celebrating with families and loved ones. But for families still troubled by delinquent mortgages and foreclosures, this time of year has another meaning.
President Barack Obama recently said that if he were the football team's owner he'd "think about changing" the Washington team's name. The normally non-committal president's comments fueled a debate over the top sports team in the nation's capital. The debate ...
Only about 40 percent of adults in America have a will, which is probably due to people not wanting to be reminded of their own mortality and that life will go on without them, a veteran CPA says.
Just as troubled homeowners were often unable to pay their mortgages, refinance their loans or receive timely assistance from loan servicers, many student loan borrowers are now experiencing many of the same difficulties.
Unlike last year, tax planning for 2013 is not hampered by uncertainties over a looming fiscal cliff. Unfortunately, there is always some uncertainty and a few expiring provisions to warrant special attention by taxpayers.
An old adage advises that "one man's pain is another man's gain." As consumers nationwide struggle to recover financially from the Great Recession, this adage is also a truism.