Congress got back from trip Monday and made Tax cuts by Bush the first thing to talk about. There is the expectation that Congress will not do anything. This is because lawmakers could be more focused on campaigning for mid-term elections in about four weeks. Repealing the Bush tax cuts is the recommendation Democrats ...

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JP Morgan Chase decided to take on a loan portfolio from Citi to help with the goal of expanding lending portfolios. Citi has been selling $ 8 billion in troubled loans when this specific deal was worth $ 3.5 billion. These loans were for multi-family and apartment buildings meaning JP Morgan Chase essentially has a ...

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Just because the mortgage rates are at record lows right now doesn't mean the U.S. housing market is getting any better. Because the real estate market is so slow, and mortgage rates have gone down considerably, the majority are more able to discover opportunities in the market. Since prices of homes are as low as ...

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Capital One is in trouble because they have once more raised credit interest rates without informing customers. A judge earlier this year thought the case saying Capital One has broken the Truth in Lending act was not worth his time and dismissed it. The 9th Circuit thought the lawsuit should be reinstated on July 22. ...

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Thanks to the recession, debt collection has been a growth industry. Creditors are unloading debt to collection agencies for pennies on the dollar. Collection agencies are coming down much harder on consumers lately. About collection agency harassment, there are more consumer complaints. Law firms that are using debt collection software are in all the courtrooms. ...

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