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Watchdog with Paul MuschickA federal agency is scheduled to announce new rules today governing how future mortgages can be made. The centerpiece of the rules is making sure borrowers can afford to repay the loans. Shouldn't that always have been the case? That's......
To borrow a football metaphor, a federal appeals court threw the flag last week against the president of the United States for unsportsmanlike conduct. Specifically, a three-judge panel in the Washington, D.C., circuit ruled that President Barack Obama'...
Dear Liz: I paid all of my old collection accounts except for two, which now are beyond the statute of limitations. I would like to find the best way to negotiate with the collection agencies without getting sued. Even though the original delinquency...
Tags: Credit Ratings, Insurance, Consumers, Finance, Credit and Debt
It's been two years since the Chicago Association of Realtors conducted an economic briefing for its members because, frankly, any forecast revolved around rising foreclosures and falling home values. But this month, real estate agents gathered in...
WASHINGTON — A federal appeals court, dealing a defeat to President Obama, has sharply limited the chief executive’s power to bypass the Senate and to make temporary “recess” appointments to fill vacant slots in government...
Sun SentinelFlorida posted the nation’s highest foreclosure rate in 2012, but the crisis that began six years ago appears to be winding down “comfortably past the peak,” the RealtyTrac listing firm says. One in 32 homes across the Sunshine State...
WASHINGTON -- President Obama nominated Mary Jo White to be the new head of the Securities and Exchange Commission, saying her track record as a hard-nosed prosecutor means she won't be easily intimidated as Wall Street's new top watchdog. "You don't...
Tags: Barack Obama, Consumers, Richard Cordray, Chuck Schumer, Google+
NEW YORK — Bank of America Corp.'s and Citigroup Inc.'s lackluster earnings led Wall Street to question how long it will take two of the country's biggest banks to emerge from the shadow of the financial crisis. While BofA's fourth-quarter...
Kids & MoneyCredit cards, interest rates, the magic of compounding: Learning to manage money can be complex and confusing for any teenager. That's why the Federal Deposit Insurance Corp. has decided to help in a straightforward, simple way with a new money guide...
The Consumer Financial Protection Bureau is planning a Thursday morning announcement of new lending rules that it hopes will move the mortgage market toward a sustainable middle ground, somewhere in between the free-wheeling days of no-documentation loans...
Tags: Mortgages, Federal Reserve, Freddie Mac, Consumers, Lobbying
Talk about karma. After lobbying ferociously to prevent Elizabeth Warren from running the new Consumer Financial Protection Bureau, the banking industry now must contend with her sitting on the Senate Banking Committee. Rumors have circulated for...
Many of us start the new year with renewed energy and good intentions. We're going to hit the gym more and eat less. We're going to save more and spend less. Here are a few other resolutions you should make. If you're among the nearly 50 percent of...
Jan 10, 2013 | Allentown Morning Call
Jan 30, 2013 |Column| Chicago Tribune
Jan 27, 2013 |Column| Los Angeles Times
Jan 25, 2013 |Column| Chicago Tribune
Jan 25, 2013 |Story| Los Angeles Times
Jan 16, 2013 |Story| South Florida Sun-Sentinel
Jan 24, 2013 |Story| Los Angeles Times
Jan 17, 2013 |Story| Los Angeles Times
Jan 21, 2013 |Story| Tribune Media Services
Jan 10, 2013 |Story| Chicago Tribune
Dec 13, 2012 |Story| Los Angeles Times
Jan 2, 2013 |Column| Allentown Morning Call
Original site for U.S. Consumer Financial Protection Bureau topic gallery.