Bank of America, Fannie Mae Talk Bad Mortgages
August 3, 2012
Bank of America feels as though it shouldn’t shoulder bad mortgages, even as other banks have. Fannie Mae continues to insist it’s BoA’s responsibility.
A Look Back: 2011 and Credit Sector
July 6, 2012
The movers and shakers in the financial sector were keeping the media busy last year. How much has changed and what about the scandals?
Want to Close Your Checking Account? Pay Up
June 25, 2012
Congress has been asked to look into fees banks are charging to close consumers bank accounts.
Is Moodys Ready to Strike With Downgrades?
June 11, 2012
It appears Moody’s may be prepared to move forward with its downgrading efforts of many global banks, including some in the U.S. The question is – which U.S. banks are in the crosshairs?
Credit Card Interest Rates Unchanged
June 4, 2012
Credit card offers aren’t as plentiful as they were just a few months ago and the interest rates haven’t moved, either. Consumers aren’t spending as much and when they do, more are reaching for cash.