Dear Liz: My friend died unexpectedly. I am helping her stepson, who is the successor trustee for her living trust, to get the estate settled. Her estranged son was a beneficiary on her main checking account and took the money as soon as she died, which was his right. However, it has taken three months
Who is Federal Reserve Governor Lisa Cook? Federal Reserve Governor Lisa Cook, reappointed through 2038, rejects Trump’s claim he fired her. The announcement from President Donald Trump on Aug. 25 that he was firing Federal Reserve governor Lisa Cook amounts to an extraordinary weaponization of the housing finance system that depends on private, deeply personal data from
The dispute highlights how unusual the company’s mortgages are, and why Campbell is right to step up regulatory scrutiny for deals that can end up being very expensive for homeowners. Get The Gavel A weekly SCOTUS explainer newsletter by columnist Kimberly Atkins Stohr. BlueHub is the only entity in the state to offer a financial
6 terms to know before you start house hunting In the housing market, here are some terms to know before you jump in and get your heart set on a dream home. For more information, visit the Federal Trade Commission website, FTC.gov. Capitol Federal Savings Bank is shifting its focus from home mortgages to commercial
Homebuyers may soon have a new way to purchase homes using cryptocurrency. The Trump administration is pushing for a policy that allows buyers to include cryptocurrency in federal mortgage applications without converting it to cash. The directive requires Fannie Mae and Freddie Mac to prepare for counting cryptocurrency as an asset for single-family home mortgage
See the most expensive homes sold in the Des Moines metro in 2024 A look at the most expensive homes sold in Polk, Dallas, and Warren counties. Home mortgage interest rates are unlikely to drop anytime soon, despite comments by the Chicago Federal Reserve CEO during a recent Des Moines visit that rates could drop
Is Buying A Home Still A Good Investment? getty According to a 2024 report from the Aspen Institute Financial Security Program, “Renters possess less than 3 percent of the wealth of homeowners, with a median net worth of $10,400 compared to $400,000 for homeowners.” The report, which primarily utilizes data from two separate Federal Reserve
The CalAssist Mortgage Fund is a new source of financial relief for California homeowners whose properties were destroyed after recent disasters. The fund provides grants of up to $20,000 to cover three months of mortgage payments for eligible homeowners. The state has allocated $105 million for the program. “California is extending this ongoing support to
Mortgage rates climbed for the second week in a row, denting home affordability in the middle of homebuying season. The average rate on the 30-year fixed-rate mortgage went up seven basis points to 7.01% in the week ending May 15, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of
William Skipworth, New Hampshire Bulletin | New Hampshire Bulletin A bill aiming to deregulate cryptocurrency mining in New Hampshire and forbid local officials and state agencies from placing limits on the practice was set for a final vote Thursday before state senators sent it back to committee to give supporters time to work on it