Aug 8, 2012 Rising home prices contribute to profits for the bailed-out mortgage lenders. Higher home prices should help the real estate market and homebuyers, too.
Aug 1, 2012 A federal housing regulator is rejecting a White House plan to help borrowers who are underwater on their mortgages. That means they owe more than their homes are worth and there are about 11 million people in that category. The Federal Housing Finance Agency said the potential benefits of cutting mortgage balances for those people don't outweigh the costs.
Jul 20, 2012 Around 40 percent of credit reports have mistakes on them -- and it is a pain to get them fixed. The Consumer Financial Protection Bureau announced that it will start scrutinizing credit reporting agencies.
Jul 19, 2012 Capital One must pay $210 million after settling charges from the Consumer Financial Protection Bureau that it misled credit card customers.
Jul 18, 2012 New government oversight could give consumers more power.
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.
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.
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.
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
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