Consumer Financial Services (TRBC)

U.S. mortgage industry faces job losses as refinancing dries up

U.S. mortgage industry faces job losses as refinancing dries up

Published 18/10/2018

NEW YORK (Reuters) - With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how [more…]

Middle class parents paying least for college: study

Middle class parents paying least for college: study

Published 18/10/2018

NEW YORK (Reuters) - As U.S. high school seniors pare down their college wish lists and parents sweat over the bills, a new study by [more…]

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Published 05/10/2018

(Reuters) - Wells Fargo & Co (WFC.N) is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported [more…]

Your Money: How to factor in cost when applying to college

Your Money: How to factor in cost when applying to college

Published 01/10/2018

NEW YORK (Reuters) - Picking the right college is not just a matter of finding a good fit for a student’s talents and interests, but [more…]

SEC charges microcap investors in ‘pump-and-dump’ schemes

SEC charges microcap investors in ‘pump-and-dump’ schemes

Published 07/09/2018

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Friday it has charged 10 individuals and 10 associated entities in long-running microcap “pump-and-dump” [more…]

Back-to-school financial lessons for teachers

Back-to-school financial lessons for teachers

Published 06/09/2018

NEW YORK (Reuters) - It took Andrew Pillow eight years of teaching at a charter school in Indianapolis, Indiana, before he finally earned more than [more…]

Tighter mortgage rules good for Hungary: Moody’s

Tighter mortgage rules good for Hungary: Moody’s

Published 27/08/2018

BUDAPEST (Reuters) - Rating agency Moody’s on Monday said Hungary’s tighter mortgage lending rules, introduced by the central bank last week, were credit positive for [more…]

Australia inquiry finds pension funds broke rules

Australia inquiry finds pension funds broke rules

Published 25/08/2018

SYDNEY (Reuters) - Initial findings from a powerful inquiry into Australia’s financial sector strongly criticized pension funds run by National Australia Bank and Commonwealth Bank [more…]

Senate panel votes to advance Trump pick to head consumer watchdog

Senate panel votes to advance Trump pick to head consumer watchdog

Published 23/08/2018

WASHINGTON (Reuters) - The U.S. Senate Banking Committee voted on Thursday to advance President Donald Trump’s pick to head the federal consumer watchdog despite criticism [more…]

India looking to compel e-commerce, social media firms to store…

India looking to compel e-commerce, social media firms to store…

Published 30/07/2018

MUMBAI (Reuters) - India is considering asking e-commerce and social media firms to exclusively store customer data locally, in a move that could affect global [more…]