Supporting Financial Readiness For Military Families
Better Business Bureau's (BBB) Military Line, is privileged to partner with The McGraw-Hill Companies, in support of Joining Forces work on military financial literacy and readiness. In mid-July, we are launching a landing page on McGraw Hill's "Making Change Now" financial literacy website and will also include an associated smart phone application expressly for military consumers. Read More
Consumer Financial Protection Bureau and Prudential Regulators Issue Joint Guidance To Address Mortgage Servicer Practices That Impact Service Members
The Consumer Financial Protection Bureau (CFPB) along with the prudential regulators - the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency and − issued joint guidance today to address mortgage servicer practices that may pose risks to homeowners who are serving in the military.
Debt: The (Sort Of) Good, The Bad, And The Ugly
As a nation, we the people of the United States have a lot of debt. According to the March 2012 Federal Reserve Statistical Release, U.S. consumer debt topped $2.5 trillion - not including mortgages, home equity notes, or other debts secured by real estate. Mortgage-related debt hit just about $13.5 trillion, according to a separate Federal Reserve Board report.
Veterans Job Qualifications Bill Advances
Veterans would be able to apply their military training more readily toward the federally issued licenses needed in certain civilian jobs, under legislation advancing in Congress.