Homeowners Staying Put Longer: Study

The continuing recovery in the housing market has been relieving increasing numbers of homeowners from owing more on their mortgage than their home is worth. Yet the persistent remainder has left a mark by keeping potential buyers out of the market and choking supply...

DOL Wins Fiduciary Rule Case in Texas

Texas federal trial Judge Barbara M.G. Lynn ruled in favor Wednesday of the Labor Department in the case brought by nine plaintiffs against Labor’s fiduciary rule. Lynn had promised a ruling by Friday. The nine plaintiffs, including the U.S. Chamber of...

BALANCE Merges with Bakersfield Credit Counseling Service

Two long-time credit counseling services in California have merged operations from the Bay area to Bakersfield. BALANCE, based in Concord, Calif., announced Feb. 1 that it has completed a merger with Consumer Credit Counseling Service of Kern and Tulare Counties...

Dodd-Frank Rollback Gets Rolling

The House Financial Services Committee will zero in this Congress on Dodd-Frank Act implementation, with a likely rollback of the law with the reintroduction soon of Rep. Jeb Hensarling’s Financial Choice Act, but hurdles remain in the Senate.  Hensarling,...