U.S. Expands Crackdown On Real Estate Money Laundering

GET.com Consumer News & Opinions View this email in your browser 2 August 2016 U.S. Expands Crackdown On Real Estate Money Laundering Have you ever come across the sinister term money laundering? To put it simply, money laundering is any process in which crooks hide stolen or illegal money with the legitimate kind. It's commonly used by drug kingpins, organized crime and tax evaders. One popular way to launder money is to buy an... Read in browser San Francisco Trying Innovative Ways To Expand Housing And Tackle Shortage San Francisco is a landlord's dream but a renter's nightmare. Since 2008, rents in the city by the bay have climbed by 50 percent due to an enduring housing shortage. City officials are cognizant of the problem, and have taken an interesting step to address it. Earlier this week, a new law passed... Read in browser CFPB Clamping Down On Debt Collection Agencies The Consumer Financial Protection Bureau announced on Thursday that it's taking on debt collectors, marking the first time in 40 years that a regulatory agency has updated the rules governing the $14 billion industry. The new rules will apply only to third-party debt collectors, companies that... Read in browser 4 Tips When You're Dealing With Debt Collectors Have you ever had debt problems to deal with? About 70 million Americans, or nearly 1 in 4, have debts in collections. Last year, the Consumer Financial Protection Bureau received more than 80,000 complaints related to debt collection agency practices. And they've recently proposed new rules to... Read in browser   Recent Articles: Smartphones Fast Becoming Universal Payment Method Americans' 7 Biggest Complaints About Credit Cards "Smart" Cars May Not Necessarily Be Smart Buys Self-Driving Cars Are A Distant Dream CFPB Is Political Hot Potato In Election Year Copyright © 2016 GET.com, All rights reserved. You are receiving this email because you subscribed on GET.com (previously known as DailyMarkets.com). Our mailing address is: GET.com 14 Wall St 20 Fl New York, NY 10005 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list