Mortgage insurance fees to be raised by FHA

The Federal Housing Administration (FHA) insures mortgages issued by banks and other lenders.  Since the crash it has become almost the only way to get a mortgage with a low down payment.  About half of all [...]; . . . → Click Here to Read the Full Article

New debit card rules for overdrafts now in effect

From now on your bank will reject your debit card when you try to withdraw more money than you have in your account, unless you tell them otherwise.  Up until now, banks have simply honored the [...]; . . . → Click Here to Read the Full Article

Debt collection tactics: Confessions

Most people I talk to feel guilty when they owe money.  They want to pay it back, but they can’t.  Debt collectors don’t care.  As we have said elsewhere, they will say anything they think will [...]; . . . → Click Here to Read the Full Article