The Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI) was released this morning and showed a 0.5 percent seasonally-adjusted increase in U.S. home prices for the period of September 15 to October 15, 2015. The month-earlier index reading was revised downward from a 0.8 percent...
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Wall Street powerhouse JPMorgan Chase has agreed to pay $150 million to public pension funds and private investors to settle a lawsuit stemming from the firm's loss of $6.2 billion of investor assets in mid-2012 caused by one of its traders. The lawsuit alleged that JPMorgan Chase misled investors...
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The new mortgage rules implemented in October by the Consumer Financial Protection Bureau (CFPB) were meant to provide important personal financial protections to homebuyers by clarifying fees and mortgage terms. New data suggests the rule changes have had another effect as well, which has been to...
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On March 23, 2010, President Barrack Obama signed the Patient Protection and Affordable Care Act (PPACA), making it a federal statute. The law is commonly known as the Affordable Care Act, or Obamacare. It's a complex piece of legislation about 1,000 pages long that affects numerous arms of our...
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