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Mortgages

Co-signing loans can be bad business

by Sabri Ben-Achour
Jun 6, 2016
Beware of friends and family who want to glom onto your credit score!
If you co-sign with someone on a loan or a credit card, you have a 26 percent chance of damaging your relationship,
George Marks/Retrofile/Getty Images
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Federal court throws out fraud case against Bank of America

by Lewis Wallace
May 24, 2016
The decision could limit the Justice Department’s ability to push for settlements with big banks over the financial crisis.
The Department of Justice had accused Bank of America and the company's mortgage lending unit, Countrywide, of fraud.
Spencer Platt/Getty Images
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Help arrives for (some) underwater homeowners

by Sabri Ben-Achour
Apr 15, 2016
Mortgage holders who are delinquent and hold too much debt get a federal break .
An eviction team removes furniture during a home foreclosure on September 21, 2011 in Longmont, Colorado. 
John Moore/Getty Images
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Household debt is rising, but still below 2008 levels

by Annie Baxter
Feb 12, 2016
Mortgage balances and student loan debt have been on the rise.
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Final Note

Who let the cats out? Russia did.

by Kai Ryssdal
Aug 28, 2014
Russia is lending cats out to people taking out mortgages because of Russian lore.
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Rising risk in mortgage market

by Jeff Tyler
May 27, 2014
A stress test for new mortgages reveals higher chances for a market correction.
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How your mortgage is related to the debt ceiling

by Sabri Ben-Achour
Feb 12, 2014
...not to mention the Federal Reserve and treasury yields.
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Why we can't let go of the fixed-rate mortgage

by Adriene Hill
Nov 26, 2013
There's a financial cost to mortgages that stay at the same interest rate for 30 years, but there are also social benefits.
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Who thought 30-year mortgages were a good thing?

by Adriene Hill
Nov 25, 2013
Lending money for 30 years at a fixed interest rate isn't attractive to banks. So how did 30-year fixed-rate mortgages come to be the standard?
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What did $13 billion just buy J.P. Morgan?

by Mark Garrison
Nov 19, 2013
Most banks with legal exposure to the financial crisis are dealing with the lawsuits one-by-one. Not J.P. Morgan Chase.
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