New York (August 22, 2012) — The average allowance provides a child enough money in a year to afford an Apple iPad and three Kindles and still have money leftover – money they’re most likely to spend. Indeed, only 1 percent of parents say their kids save any of their allowance. Those are the findings […]

Chase makes loan modifications easier by Kimberly MillerPalm Beach Post JPMorgan Chase is reducing home loan interest rates and cutting mortgage debt balances with nothing more than a homeowner’s signature, and sometimes even that isn’t required No more faxing documents over and over again or waiting months for an answer. The plan, which is ramping […]

Citi Pilots Mortgage-To-Lease Program In Six Troubled Markets Citigroup (NSYE: C) is rolling out a pilot program with Carrington Capital Management that would allow several hundred distressed homeowners to stay in their homes as renters. The Home Rental Program, announced Wednesday, would give eligible borrowers who are delinquent on mortgage payments the option to transfer […]