| Sep 5, 2013
| 1:20 PM
Home prices and mortgage rates aren't the only costs on the rise when it comes to buying a house these days. Expect higher closings costs as well, according to a new study by Bankrate.com.
The average closing cost, which includes origination plus third-...
| Nov 20, 2013
| 6:18 PM
The calls to Dorothy Smith of Bethlehem started in January.
She was told she owed nearly $8,300 for an unpaid home-improvement loan.
Smith told the caller, Portfolio Recovery Associates of Virginia, that she didn't owe the debt. The money had been...
| Dec 24, 2013
| 8:54 AM
Three American Express Co. subsidiaries have agreed to pay about $75 million in restitution and penalties for a variety of illegal practices involving hundreds of thousands of credit-card customers, regulators said Tuesday.
American Express Travel...
| Sep 18, 2013
| 6:27 PM
A Pennsylvania woman's anger about having her wages loaded onto a debit card instead of deposited into her bank account has been recognized all the way in Washington, where a federal agency is warning employers they can't pay workers solely in plastic....
| Oct 16, 2013
| 12:30 PM
Ah ... to be a new college graduate again. With your freshly minted diploma in hand, you're ready to start anew, pursue your passions, take the world by the horns and find your first job. And once you find a job, you finally have that...
| Dec 16, 2013
| 6:34 PM
Federal regulators on Monday sued Anaheim online lender CashCall Inc., accusing the company of unlawfully collecting money from borrowers.
The Consumer Financial Protection Bureau said CashCall violated federal lending laws in at least eight states...
| Feb 28, 2014
| 5:49 AM
WASHINGTON -- With few Americans checking their credit scores annually, a top financial regulator is urging banks to make the information more easily available by including it for free on monthly credit card bills.
The request from Richard Cordray,...
| Dec 20, 2013
| 11:19 AM
Ally Financial Inc., a former General Motors Corp. lending arm that taxpayers bailed out during the financial crisis, will pay $98 million to settle federal government allegations that car dealers overcharged blacks, Latinos and Asians for Ally’s...
| Sep 19, 2013
| 12:07 PM
WASHINGTON -- JPMorgan Chase & Co. has agreed to pay $389 million in refunds and penalties for illegally charging credit card customers for identity theft protection and other add-on services they didn't receive or authorize, federal regulators said...
| Jan 14, 2014
Imagine the Dodgers have just won the pennant and are going to play the Yankees in the World Series. But the rules have changed: All games will be played in Yankee Stadium. And there are new umpires, hired and paid by the Yankees. With rules like that,...
| Jan 9, 2014
| 8:04 AM
Mortgage rates leveled off in familiar territory this week, home finance giant Freddie Mac said, with lenders offering 30-year fixed loans to solid buyers at an average of 4.51%, down from 4.53% last week.
Fifteen-year fixed mortgages, popular with...