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Thursday, May 8, 2008
From About Banking / Loans - view blog entries - visit this blog
May 8, 2008 at 3:51 pm ET
Lawmakers have been busy with legislation designed to fix the mortgage and housing mess. Today they passed the Barney Frank proposal that would allow some homeowners to refinance with... ... (more)

Wednesday, May 7, 2008
From About Banking / Loans - view blog entries - visit this blog
May 7, 2008 at 6:17 pm ET
Most things in this world are not meant to be upside down. This includes your loans. A loan is upside down when the loan balance is greater than the collateral's... ... (more)

Friday, May 2, 2008
From About Banking / Loans - view blog entries - visit this blog
May 2, 2008 at 11:19 am ET
We've talked about how some banks are freezing HELOCs (home equity lines of credit). While it's bad enough to find that your HELOC is frozen, you may also find... ... (more)

Tuesday, April 29, 2008
From About Banking / Loans - view blog entries - visit this blog
April 29, 2008 at 7:40 am ET
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... ... (more)

Friday, April 25, 2008
From About Banking / Loans - view blog entries - visit this blog
April 25, 2008 at 3:12 pm ET
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... ... (more)

Wednesday, April 23, 2008
From About Banking / Loans - view blog entries - visit this blog
April 23, 2008 at 1:47 pm ET
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... ... (more)

From About Banking / Loans - view blog entries - visit this blog
April 23, 2008 at 12:44 pm ET
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... ... (more)

Friday, April 18, 2008
From About Banking / Loans - view blog entries - visit this blog
April 18, 2008 at 6:05 am ET
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... ... (more)

Tuesday, April 15, 2008
From About Banking / Loans - view blog entries - visit this blog
April 15, 2008 at 1:19 am ET
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... ... (more)

Monday, April 14, 2008
From About Banking / Loans - view blog entries - visit this blog
April 14, 2008 at 8:13 am ET
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... ... (more)

Saturday, April 12, 2008
From About Banking / Loans - view blog entries - visit this blog
April 12, 2008 at 1:48 pm ET
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... ... (more)

Wednesday, April 9, 2008
From About Banking / Loans - view blog entries - visit this blog
April 9, 2008 at 6:03 am ET
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. ... ... (more)

Monday, April 7, 2008
From About Banking / Loans - view blog entries - visit this blog
April 7, 2008 at 11:14 am ET
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... ... (more)

Friday, April 4, 2008
From About Banking / Loans - view blog entries - visit this blog
April 4, 2008 at 6:58 am ET
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)... ... (more)

Wednesday, April 2, 2008
From About Banking / Loans - view blog entries - visit this blog
April 2, 2008 at 8:26 am ET
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... ... (more)

Tuesday, April 1, 2008
From About Banking / Loans - view blog entries - visit this blog
April 1, 2008 at 2:03 pm ET
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... ... (more)

Friday, March 28, 2008
From About Banking / Loans - view blog entries - visit this blog
March 28, 2008 at 9:41 am ET
An unhappy customer recently tried to pay his water bill (and penalties) by writing a check on toilet paper. He went with a floral print TP, but they still... ... (more)

From About Banking / Loans - view blog entries - visit this blog
March 28, 2008 at 7:29 am ET
The three leading presidential candidates have all presented plans for fixing the mortgage mess. Need to decide who you're voting for? See how they're interpreting the subprime debacle... ... (more)

Monday, March 24, 2008
From About Banking / Loans - view blog entries - visit this blog
March 24, 2008 at 1:03 pm ET
Your borrowing background is always important to lenders. Now hospitals are also looking into your credit reports before they look into your body. They want to know if... ... (more)

Friday, March 21, 2008
From About Banking / Loans - view blog entries - visit this blog
March 21, 2008 at 1:07 am ET
As foreclosure rates skyrocket, scammers are making a killing. A common scam is to pose as a foreclosure rescue outfit. They promise to help you avoid foreclosure, but... ... (more)

Thursday, March 20, 2008
From About Banking / Loans - view blog entries - visit this blog
March 20, 2008 at 11:56 am ET
Good news for borrowers this week: mortgage rates are ending lower than they were last week. Hopefully this is just the beginning. Freddie Mac's survey for the week ending... ... (more)

Tuesday, March 18, 2008
From About Banking / Loans - view blog entries - visit this blog
March 18, 2008 at 1:41 pm ET
Direct deposit is always fast. Now the IRS says you'll get your stimulus payment faster if you use direct deposit. Under the Economic Stimulus Act some taxpayers are... ... (more)

Sunday, March 16, 2008
From About Banking / Loans - view blog entries - visit this blog
March 16, 2008 at 11:11 am ET
A recent episode of the Wall Street Journal's Your Money Matters podcast was dedicated to loans. You may enjoy hearing some news about: Bank losses on home equity loans Person-to-person lending Predatory... ... (more)

Tuesday, March 11, 2008
From About Banking / Loans - view blog entries - visit this blog
March 11, 2008 at 10:55 am ET
The Fed took additional steps to help keep money moving today. With the help of several other central banks, they'll make more money available with additional offerings and changes... ... (more)

Monday, March 10, 2008
From About Banking / Loans - view blog entries - visit this blog
March 10, 2008 at 5:38 pm ET
ING Direct's Electric Orange account is a free checking account that pays you interest on your money. While it's nice to get paid on your checking money, there are... ... (more)

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