Finance & Law for Not-So-Dummies

If there was a real "fiscal" Cliff, at least three-quarters (¾) of Congress would have been thrown over into the abyss far below....

The much discussed fiscal cliff about which will fall over (or not based on Congress) is probably misunderstood more than any other jargon...

Should Banks be making mortgage loans? We take the answer for granted . Yet, I have been involved in an on-line discussion that started ab...

Student Loans: Legal Loan Sharking Student Loan Sharking. Harsh? NO! Outstanding student loans in this country have exceeded $1,000,...

Colleges are courting the Devil - the Debit Card Devil. Debt counseling and money management are urgently needed on Campus ! Hard pressed ...

   BLACK EYE FOR JP MORGAN The "Too Big To Fail" banks are at the center of the current U.S economic problem. Below is a c...

In late March, there was an analysis and recommendations in the American Banker which comprised the most succinct commentary on the current ...

As the details of the Mortgage Settlement Agreement, the deal between 49 of 50 states and the U.S. on one side, and BanK of America, Wells F...

The Consumer Finance Protection Board ("CFPB") is trying to rein-in a common practice of mortgage companies country-wide. Very of...

Hooray! We have a Mortgage Settlement - $26B worth but who gets help and where does the rest of the money go? NO ONE KNOWS yet, and no one k...

Whether CA and NY join is anticlimactic. The quibbling over the amount of the settlement was foolish. $17B or $25B has never been the issue....

There was an Opinion piece in the New York Times Sunday, Jan. 22,2012 by Elisabeth Rosenthal regarding the matter of Disclosures. Her positi...

It's the time of the year where many people start buying gifts for others for the holidays. That, of course, is in addition to buying fo...

There is a perception among those of us who are of retirement age, or past it, that we have to pay every bill we have even if it means goin...

My mortgage modification clients often ask about the class actions or Attorney Generals actions against mortgage companies, lenders, and ser...

Bankruptcy is rising but filings are falling! Why? Simple answer: People do not have money to file for protection under the Bankruptcy Code ...

Bankruptcy has had a bad reputation over the decades for some good and some bad reasons. The good reasons for a bad reputation all boil dow...

Now that the economy is no longer an issue, we have to turn to a new topic- "The Economy" , but a different sense of the economy -...

Steven Pearlstein, a columnist for the Washington Post wrote about the "Global Economy Comes To The End Of Its String" and went o...