by admin | Dec 4, 2018 | Finances, Mortages
By Reuters Nov 6 (Reuters) – Wells Fargo & Co said on Tuesday an internal underwriting error had caused it to reject home loan modifications, resulting in the bank foreclosing more homes than expected. The bank said in a filing with regulators that an...
by admin | May 4, 2018 | Finances
By Bill Smith, RFC, CEO, W.A. Smith Financial Group, Kiplinger The term “living paycheck to paycheck” has become the go-to phrase for people who are just getting by. They mostly have their monthly income figured out, but there’s no emergency fund...
by admin | May 1, 2018 | Finances
By Danielle Howard, CFP You may have seen the bumper sticker “We are spending our kid’s inheritance” — or may even have it on your own vehicle. You probably have also heard the phrase “I am going to slide into the grave, write my last check and have it bounce.” While...
by admin | Apr 28, 2018 | Finances
By Kiplinger It’s time to retire. So what exactly has become of that pension you earned decades ago and the 401(k)s you left with former employers? SEE ALSO: 9 Things Retirees Should Never Keep in Their Wallets The answer may not be as straightforward as you...
by admin | Apr 25, 2018 | Finances
By Richard Rubin Meet the new mortgage-interest deduction. It’s smaller and much more concentrated among high-income households. In 2018, the deduction will save taxpayers $25 billion, down from $60 billion in 2017, according to estimates released on Monday by the...
by admin | Apr 24, 2018 | Finances
By Andrea Riquier Despite the enormous gains in the housing market, and the rapid surge in home prices in recent years, nearly 2 million people still owe more on their mortgage than their home is worth. Throughout much of the housing downturn a decade ago, the plight...
