The Obama administration is pumping $ 3 billion into programs to help the unemployed with foreclosure prevention. Last week the administration announced plans to allocate $ 2 billion toward the Hardest Hit Fund, doubling the size of the program. $ 1 billion was given to a program to help unemployed borrowers who have delinquencies on ...

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A lawsuit in California concerning Wells Fargo and its procedures regarding overdraft fees finished just lately. Wells Fargo was ruled to have unfairly charged people with overdraft fees, and Judge William Alsup ordered the financial institution to repay them. The judge found their fees were derived from deliberate manipulations of overdraft protocol intent on profiting ...

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Mango Financial, also known as Mango Money, is a relatively new financial services company dedicated to serving the underbanked and unbanked population. Mango Financial put together a whole bunch of services like prepaid debit cards and other things not typically offered to underbanked or unbanked individuals. Mango Financial wants new locations but is only located ...

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Obama signed the Wall Street reform bill Wednesday. The financial reform bill should change the financial industry more than other things since the Depression. At the signing ceremony for the financial reform bill after months of debate, Obama called Wall Street reform "the strongest consumer financial protections in history.". Republicans think the bill will really ...

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The state of Arizona recently allowed the licenses of private money lenders for the entire state to lapse. Payday loans stores are shutting down right now. The financial reform bill needs only one more thing- Obama's signature. Many are worried that pay day loan will become obsolete if the bill passes since the bill works ...

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