I wrote last week in “Is Your Bank Safe? Is it Sound?” about BankRate.com’s bank rating service, Safe & Sound®.
Yesterday, Mish Shedlock wrote, “Don’t Count on the “Safe & Sound” Rating of Bankrate.com“, in his blog “Global Economic Trend Analysis” … and he offers a good reason.
On July 25, 2008, First Heritage Bank, N.A., Newport [...]
You Know The Banking System Is Unsound When….
Credit card rates can go up … well, just because
Debit cards for your 401k
Not a lot of good news or positive views in these three, but certainly important considerations. I’d read them in the order provided. First Mish’s take on the banking system, then the eye-opening [...]
In addition to the Bauerfinancial site which I’ve mentioned in previous posts, another firm that analyzes banks, thrifts credit unions is Bankrate.com’s Safe & Sound® rating service.
Bankrate.com’s Safe & Sound® system evaluates financial firms using 22 tests to measure the capital adequacy, asset quality, profitability and liquidity (or CAEL) of each firm. You can [...]
Homebuyer complaints about the slow responses of mortgage companies to borrowers’ requests for information about problems with their mortgage loan appear daily in the media. This morning’s New York Times has “The Silence of the Lenders” which offers a suggestion by Mr. Moe Bedard, president of Loan Safe Solutions, which may make your pen [...]
FOR IMMEDIATE RELEASE
MoneyToys(tm) Calculators for Real Estate Websites
Ruston, LA, July 12, 2008 - Real estate agents can add value to their web sites quickly with the collection of 17 real estate calculators available now from MoneyToys.com.
Web site visitors use MoneyToys(tm) real estate calculators to perform financial calculations without leaving an agent’s web site. MoneyToys [...]
I first mentioned BauerFinancial, Inc. in this blog on June 6, 2006 in a post titled, “How Healthy Is Your Bank?”
I’ve learned something today about my local community bank and the credit union I use. Both are in worse condition this year than last. Instead of “Good”, they’re both now classified as [...]
The Federal Reserve Board has proposed rules to prohibit unfair practices regarding credit cards and overdraft services that would, among other provisions, protect consumers from unexpected increases in the rate charged on pre-existing credit card balances.
Highlights of the Proposed Rules Regarding Credit Cards and Overdraft Services:
http://www.federalreserve.gov/newsevents/press/bcreg/highlightscredit20080502.htm
The press release and request for public comments is here:
http://www.federalreserve.gov/newsevents/press/bcreg/20080502a.htm
Read [...]
I passed through Detroit’s airport the other day. It wasn’t crowded. The airport has a nice sound and light show in the tunnel between concourses and the slowest food services I’ve found in an airport. Where were all the Summer travelers?
They may be camping!
More to the point, I’ve read an article in [...]
Wheatworks’ new “get out of debt calculator” (aka GOOD Calculator) was mentioned recently in this blog. The beta software has been christened with its final name: DebtDasher™
The initial website, DebtDasher.com, is now up with some screenshots and additional information about this new personal debt management software.
Debt management tools offered in DashDasher™ help you:
Determine Your [...]
This one’s not a pretty picture, but it’s very interesting reading.
“The Housing Crash and the Retirement Prospects of Late Baby Boomers” by Dean Baker and David Rosnick was released in just last month by the Center for Economic and Policy Research.
It’s a study of the retirement prospects of people between the ages of 45 and [...]
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