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FDIC

“Can’t Get No (Mortgage) Satisfaction”

Title Trouble Call it “Revenge of the Sub-Prime Lenders.” Once upon at time, when interest rates were (also) zero but credit standards were non-existent, lots of homeowners tapped their homes for easy cash. Fast forward a decade or so, and lots of those lenders are now gone (as in, shut down by the FDIC), and...
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Teaching a 12 Year-Old (Mine) About the Banking System

To Open an Account or Not (That is the Question) My son’s Bar Mitzvah (Jewish confirmation, sort of) is rapidly approaching, which means that a slew of checks — many of them from out-of-state relatives — isn’t far behind. Opening a “kid” checking account for him certainly seems like the smart, responsible thing to do....
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