Peering Into the Peer-to-Peer Lending Boom

For those who can’t get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend — for a fair profit, of course. Here’s how it works, r…

January’s Jobs Report: What It Means for You

While unemployment is shrinking, jobs still aren’t being created at a pace that will really help the economy. How does that situation affect your situation? Here’s some insight — and advice — that can help you through until t…

When Banks Outsource Foreclosures, Nothing Good Happens

A Louisiana bankruptcy case involving a single foreclosure best illustrates the problems with the banks’ outsourcing their mortgage default work to firms like LPS. The result of this money-saving maneuver by banks winds up cost…