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A new cop on the credit reporting beat
Mitchell Hartman Jul 18, 2012
New government oversight could give consumers more power.
Wells Fargo to cut ties with independent brokers
David Gura Jul 13, 2012
After the Justice Department announced a $175 million settlement with Wells Fargo for alleged discrimination against thousands of African American and Hispanic borrowers, the bank looks to cease operations with independent mortgage brokers, whom they blame for the prejudicial lending.
Consumer bureau out with first list of complaints
John Dimsdale Jun 19, 2012
The Consumer Financial Protection Bureau has made public the details of 137 complaints against credit card companies, but it's just a small fraction of the almost 17,000 such complaints the agency received.
Consumer agency nears release of complaints
John Dimsdale Jun 15, 2012
With few regulatory teeth and partisan fighting over its budget, the new Consumer Financial Protection Bureau continues to carve out a role as a place people go to air financial grievances.
The co-borrower blues
Chris Farrell Jun 11, 2012
I purchased a condo with a good friend approximately 5 years ago. We co-signed the mortgage and have had a great experience co-owning as friends. I recently got engaged and it's time for me (us) to move on. I'm having a difficult time finding an alternative to having my name removed from the co-signed mortgage. What options exist for us? Tom, Minneapolis, MN
Why cash may be king -- for now
Chris Farrell Jun 6, 2012
I have $30,000 and want to know where best to put it. Ultimately, I want to put it away for my three boys' futures. I want it to make something, however slowly, without risk. But, 0.4 percent? Is that really the best I can do? Joanna, Hammond, IN
Savings strategies after locking in a low rate
Chris Farrell May 11, 2012
My husband and I just refinanced our house at a great rate (15-year fixed mortgage at 2.875 percent). Our house payment is low and we can afford to pay more each month. Would the best use of our money be to pay down the principal on this low-interest loan or put extra away for retirement or for our children's college fund? We have two young children and are in our late 20s/early 30s. Thanks for your help! Katie, Helena, MT
Mortgage delinquencies down
Mitchell Hartman May 9, 2012
Credit reporting agency TransUnion says the percentage of people behind on their mortgages is down to its lowest level since 2009.
The risks of buying with no money down
Chris Farrell May 1, 2012
I recently was accepted to grad school, and my wife and I will be moving from Michigan to New Mexico. We are having a debate as to whether we should buy a home. After I finish my degree, I would like the freedom to leave New Mexico, if necessary, without having to worry about selling a home. My wife doesn't like the idea of paying rent and getting nothing back from it. Any and all advice would be much appreciated.
Wells Fargo and JPMorgan report big profits
Jeremy Hobson Apr 13, 2012
The two major banks beat expectations with JPMorgan reporting a $5.4 billion profit last quarter, and Wells Fargo making a $4.2 billion profit. Both said an uptick in mortgage lending helped their bottom lines.
