Latest Home equity loans News

Inside catch and kill: Cohen, a porn star and 'Individual 1'

Aug. 22, 2018 5:57 PM EDT

WASHINGTON (AP) — His name is Donald John Trump, but federal prosecutors have a simpler moniker for the 45th president: Individual 1. Dry legalese and generic aliases could do nothing to tone down the tale of the scheme to protect Trump outlined in court documents Tuesday. The criminal campaign finance...

Cohen pleads guilty, implicates Trump in hush-money scheme

Aug. 21, 2018 11:21 PM EDT

NEW YORK (AP) — Michael Cohen, President Donald Trump's former personal lawyer and fixer, pleaded guilty Tuesday to campaign-finance violations and other charges, saying Trump directed him to arrange the payment of hush money to porn star Stormy Daniels and a former Playboy model to fend off damage to his...

How to reset retirement plans to weather a downturn

Aug. 20, 2018 1:31 PM EDT

The older the current bull market gets, the more stories you're likely to read about how this is an awful time to retire. Yes, we're due for a correction that trims 20 percent or more from stock values. That could be a big problem for people taking withdrawals from investment portfolios, since market losses early...

Your house isn't a piggy bank

Aug. 13, 2018 11:04 AM EDT

Your home equity could keep you afloat in retirement or bail you out in an emergency — but not if you spend it first. U.S. homeowners are sitting on nearly $6 trillion of home value they could tap as of May 2018, according to data provider Black Knight. Lenders are eager to help many do just that through...

US consumer borrowing rose $10.2 billion in June

Aug. 7, 2018 3:07 PM EDT

WASHINGTON (AP) — Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly. The Federal Reserve said Tuesday that consumer debt rose a seasonally adjusted $10.2 billion in June from the prior month to a total of $3.91 trillion....