MetLife was expected to follow in the footsteps of Wells Fargo and Bank of America after these two banks sold their home equity loan (aka reverse mortgage) businesses. Not only has MetLife stuck to its guns in reverse mortgages, but … Continue reading
The United States Federal Housing Finance Agency (FHFA) has a lawsuit in the works. The targets – Bank of America, Goldman Sachs, JPMorgan Chase, Deutsche Bank, Citigroup, Morgan Stanley and Barclays. The FHFA is seeking billions of dollars in compensation … Continue reading
“I was shocked at how easy it was to get into the accounts of other people.” So says Edgar Dworsky of ConsumerWorld.org. He is referring to the ease by which he could access a person’s Bank of America (BofA) and … Continue reading
One inquisitive reader of the Houston Chronicle is wondering what it takes to charge credit cards for attending a particular workshop. Jacqueline Taylor, associate region director of the UH Small Business Development Center, addresses the reader’s concerns in her column. … Continue reading
Bank Routing Numbers are essentially sequences of nine-digit numeric code (eight digits and one check digit) used to facilitate the transfer of funds. These number strings are also called Routing Transit Numbers (RTN), or American Bankers Association (ABA) Number. It … Continue reading