banks
Fed survey: Home Loan bank advances are popular liquidity fallback for banks
Federal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from the Federal Reserve found. Among banks that are members of the Federal Home Loan Bank System, more than three-quarters of respondents would “very likely” turn to advances to increase reserve balances, according to the Fed’s most … [Read more…]
DOJ announces $31M settlement with City National Bank in redlining case
City National was accused of the illegal practice of not providing mortgage services to majority-Black and Hispanic neighborhoods.
My Parents’ Neighbors’ House Caught Fire: A Financial Cautionary Tale
My parents’ neighbors’ house caught fire last week. My financial mind can’t help but see powerful money lessons.
Property investor gets home detention over multimillion-dollar home … – Stuff
Property investor gets home detention over multimillion-dollar home … Stuff
Do Real Estate Agents Have a Future?
I hear all the time how websites like Zillow and Trulia are going to replace the real estate agent, much like the travel agent was replaced by online travel sites. I see posts on forums or get emails explaining why real estate agents are paid too much and the industry must change or technology will … Read more
What Is a Prepaid Card, and How Does It Work?
What Is a Personal Line of Credit? – SmartAsset
What Is a Personal Line of Credit? – SmartAsset
Exposed! Mr. Money Mustache’s 2019 Bachelor Spending!
These days, I do a fair amount of informal financial coaching for both old friends and newer acquaintances. Itâs a pretty amazing experience, almost as if I were a real doctor – people let down their guard and talk about the details of their financial lives, without the usual hangups and secrecy that tend to […]