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Blame Boreas, Cleon and Electra for a slowdown in housing on the East coast this winter. According to a new Bloomberg report, those harsh winter storms may have accounted at least partly for a slowdown in housing activity on the East Coast. And that points up one of Jason Harman’s key strategies fro...
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What’s killing all the bankers? A recent story from the Financial Post reported on the latest casualty in a string of deaths in the financial world: a young investment banker at JP Morgan Chase leaping to his death from the roof of the company’s Asia headquarters building. The apparent suicide highlights...
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The nation’s three biggest banks, already poster children for a variety of fraudulent practices, have now added insurance fraud to the list of offenses that keep bringing them to court. In the latest round, the problem has to do with “force-placed” homeowner insurance that charged property owners...
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Invest in your future: buy insurance! That’s what the nation’s major insurance companies tell worried consumers every day. Those monthly premiums, they say, represent an investment for the future, protecting valuable assets like homes, cars – and even lives – against catastrophe and loss. But...
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Can the Dogecoin give the Bitcoin a run for its (pun intended) money? Although it’s only been around for a little over two months, the newly created digital money has already made headlines at Sochi’s Winter Olympics, where a devoted Reddit group used it to raise “real” money to help an athlete....
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You can’t sleep. Before you know it, you’re sprawled on the couch in front of the television, clicking randomly through the channels. Say, who’s that guy on a yacht surrounded by bikini-clad babes suggesting I come to his real estate seminar? Well, heck, why not? It worked for him! Your fingers...
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Bitcoin’s identity crisis continues, as the upstart digital currency continues to make inroads into traditional commerce the world over, triggering government bans and prompting financial experts to question whether Bitcoin will behave like a regular currency capable of riding out inevitable ups and...
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More dirty laundry continues to air in the mortgage lending industry as US Department of Justice investigations keep leading to more charges of bad loan practices against the nation’s biggest banks. The latest round has JP Morgan Chase paying $614 million for violating the False Claims Act with bad...
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By many benchmarks, the housing market’s recovery continues, with rising home prices, more new construction and even a safer lending environment for mortgage applicants. But casting a long shadow over all these rosier indicators is the vast and stagnant foreclosure market, which in its various forms...
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Identity theft is on the minds of many consumers, as more news emerges about major data hacks like the one that hit millions of shoppers over the last Thanksgiving holiday. And the widespread and casual use of credit and debit cards with their porous magnetic strip technology means that anybody’s account...