Candidates: How to Fix Mortgage Crisis
Tuesday April 29, 2008
Need to pick the next president? You might want to watch how they handle the ongoing mortgage crisis. All three of the leading candidates have proposed solutions to ... Read More
High Yield Checking Deals
Friday April 25, 2008
Ken from Bank Deals has a new website. As you may have guessed from the name above, you can search for high yield checking accounts small banks and credit ... Read More
ING Direct May Add Wire Service
Thursday April 24, 2008
ING Direct is changing the account agreement so that they "may" be able to offer wire transfers in the future. A wire transfer would zap your money to another ... Read More
How Peer to Peer Lending Works
Wednesday April 23, 2008
Peer to peer lending allows you to skip the bank and borrow from individuals. You can borrow from complete strangers or just use peer to peer lending services to structure ... Read More
Private Student Loans Drying Up
Friday April 18, 2008
Getting a private student loan is tougher than Chemistry 101. Bank of America announced that they'll stop making private student loans, and others have been pulling out of the ... Read More
Banks Freeze Home Equity Lines
Tuesday April 15, 2008
As the housing crisis deepens, some banks are freezing existing home equity lines of credit (HELOCs). They tell borrowers that there's no more money available.
You might think that this ... Read More
More Dirty Laundry at the Bank
Monday April 14, 2008
Another bank just revealed details about their subprime-related troubles. Wachovia is the latest to get 15 minutes of unwanted fame.
The problem is largely due to their acquisition of Golden ... Read More
More Default on Loan Payments
Saturday April 12, 2008
Last week the American Bankers Association (ABA) announced that consumer delinquencies are increasing. In other words, we're not paying off our loans on time.
The most recent data, from the ... Read More
White House Details on Housing Fix
Wednesday April 9, 2008
The White House plans to announce changes to a housing fix strategy today. The FHASecure program is the Republican answer to problems in the mortgage and housing markets. ... Read More
ING Direct - 9 Month CD at 3.25% APY
Monday April 7, 2008
ING Direct raised rates on their 9 month CD today. Who knows why the 9 month product got singled out, but it's a pretty good deal for a CD ... Read More
Stimulus Rebates and Direct Deposit
Friday April 4, 2008
If you want your stimulus rebate ASAP, you should use Direct Deposit. Payments via direct deposit are scheduled to come out in May (or 2 weeks after you file) ... Read More
Deposit Checks With Your Phone
Wednesday April 2, 2008
Got a camera phone? If so, then you've got a check scanner. You can skip the trip to the bank and 'deposit' checks with just an image.
ImageNet Mobile ... Read More
Lawmakers Progress Towards Housing Fix
Tuesday April 1, 2008
Lawmakers today announced progress towards a housing fix that both parties can agree on. The Senate has gotten some bickering out of their system and they're ready to work ... Read More