Tuesday, July 16, 2019

Never Get Rejected For Student Loan Forgiveness Again

Never Get Rejected For Student Loan Forgiveness Again: The latest lawsuit against the U.S. Department of Education involves an educator who expected student loan forgiveness, but never received it. Here's how to make sure you never get rejected for student loan forgiveness again.

Friday, July 12, 2019

One simple action can help boost your credit score, according to a new report

One simple action can help boost your credit score, according to a new report: A working paper from the National Bureau of Economic Research released this month finds that even a simple nudge like opening an email can have a positive influence on financial behavior.

Wednesday, July 10, 2019

New bill slashes FHA mortgage insurance for first-time homebuyers | 2019-07-10 | HousingWire

New bill slashes FHA mortgage insurance for first-time homebuyers | 2019-07-10 | HousingWire: The House of Representatives passed a bill Tuesday that slashes the cost of upfront mortgage insurance for first-time homebuyers using mortgages backed by the Federal Housing Administration. The Housing Financial Literacy Act of 2019, or H.R. 2162, stipulates that first-time homebuyers who complete a housing counseling program to learn about sustaining homeownership can get a 25-basis-point discount (0.25%) on their upfront mortgage insurance for an FHA loan. The Mortgage Bankers Association applauded the bill’s passage. "MBA has long advocated for increased access to housing counseling as . . .