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Mortgage Rejections Surge after Age 50

You’re over 50. You have built up a lot of equity in your home, and your life savings is finally gaining some critical mass. And yet, your odds of being rejected for a refinancing mortgage start going up rapidly after age 50 and really accelerate around 70, according to a study by Natee Amornsiripanitch at […]

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Republicans Gutting Of Federal Regulations Led To Collapse Of Silicon Valley Bank, Watchdog Group Says &Raquo; 6A00E550081576883402B6853065Dd200D 320Wi 5

Republicans gutting of federal regulations led to collapse of Silicon Valley Bank, watchdog group says

Photo: Minh Nguyen Republicans doing the bidding of Wall Street for years led to the current banking crisis. In 2018, Republicans led an effort, lobbied heavily by the financial industry, that resulted in a law, signed by former President Donald Trump, that gutted the Dodd-Frank Wall Street Reform and Consumer Protection Act’s risk assessment safeguards […]

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Spring Cleaning Tip: Don’t Use Vinegar On Some Items &Raquo; 6A00E550081576883402B6852F37D8200D 320Wi

Spring cleaning tip: Don’t use vinegar on some items

Since I avoid the use of harsh, toxic chemicals in cleaning, I often use vinegar in cleaning. However, Consumer Reports says it shouldn’t be used in nine cases: Clothes irons. Vinegar could damage the inside of the iron. Countertops: Vinegar is an acid, and it can etch and dull natural stone such as marble and […]

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COVID’s Toll on Minorities with Disabilities

It’s been well documented that the COVID recession and layoffs in 2020 were particularly hard on Black, Hispanic, and Latino Americans. But if they had a disabling physical and medical condition, they felt it much more. In a new study examining the cumulative impact of having a disability combined with the disadvantages of being an […]

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Especially Active In 2022, Cfpb Fined Banks, Stopped Shoddy Companies, Returned Money To Consumers, Launched A Junk Fees Initiative, And Processed Consumer Complaints &Raquo; 6A00E550081576883402B6852E98B9200D Pi

Especially active in 2022, CFPB fined banks, stopped shoddy companies, returned money to consumers, launched a junk fees initiative, and processed consumer complaints

One of the best consumer actions in recent years is the creation of the Consumer Financial Protection Bureau in 2011. Established after the Great Recession of 2007-08 to set up one federal agency to help consumers with their financial issues, the CFPB has made great strides in improving the position of consumers in the marketplace. […]

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Racial Disparities Exist in Long-term Care

The types of long-term care located in various communities are largely driven by what their oldest residents can afford. This has created stark differences in what’s available to White and minority retirees, a new study finds. Assisted living facilities, despite the high cost, have been the fastest-growing part of the long-term care industry over the […]

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