Bank Over Draft Fees

There’s one ‘surprising similarity’ between those who pay bank overdraft fees and those who avoid them Published: Jan. 11, 2022 at 5:20 p.m. ETBy Andrew Keshner1 Bank of America plans to end its $35 ‘non-sufficient funds’ fees next month, and will drop overdraft fees to $10 from $35 Are you still paying overdraft fees? Bank ofContinue reading “Bank Over Draft Fees”

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

NationalEmployerAugust 30, 2021 Matthew Rothstein, Jarred Schenke, and Bianca Barragan The commercial real estate industry is aware of its lack of racial diversity, and many of its biggest companies say they are working to grow the pipeline of people of color into the business. But one oft-cited source of potential employees doesn’t have the infrastructure to support that pipeline at present —Continue reading “The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System”

The Importance of Understanding Interest

The Importance of Understanding Interest It’s one thing to know what interest is. It’s another to truly understand how interest works. Understanding interest is so important because it can have a considerable impact on your entire financial picture. The most important thing to know about interest is that not all types are created equal. The way youContinue reading “The Importance of Understanding Interest”

Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”

Why it might be a ‘mistake’ to file your 2020 taxes now

Ethan Wolff-Mann·Senior WriterTue, February 9, 2021, 11:56 AM·4 min read Tax season officially starts Feb. 12 and you have until April 15 to file and pay taxes owed. But there’s a wrinkle this year and it has to do with coming stimulus payments. Lawmakers are still negotiating the details of a third stimulus plan, including how muchContinue reading “Why it might be a ‘mistake’ to file your 2020 taxes now”

Mortgage demand drops as interest rates hit a three-month high

PUBLISHED WED, FEB 10 2021 Diana Olick An ‘Open House’ sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Mortgage interest rates have increased in four of the first six weeks of 2021, putting a chill on mortgage demand. Overall mortgage applicationContinue reading “Mortgage demand drops as interest rates hit a three-month high”

How to know the difference between legitimate debt collections and scams

Updated Sun, Jan 31 2021Megan DeMatteo It’s becoming increasingly difficult to tell the difference between a real business and a scam. Chances are, you’ve been on the receiving end of a suspicious phone call before, where someone posed as a legitimate representative in order to try to get your information. Sometimes, scammers give themselves awayContinue reading “How to know the difference between legitimate debt collections and scams”

Can the Banks Come After Me for Money If I File for Foreclosure?

ByMack Mitzsheva Defaulting on a home loan can have major financial consequences for the borrower. One form of default occurs when you don’t make your mortgage payments. When this occurs, the bank may decide to pursue a foreclosure on the property. Depending upon the state, the bank may be able to come after you forContinue reading “Can the Banks Come After Me for Money If I File for Foreclosure?”