Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further below 3 percent.
The online payday lending operation, accused of deceiving borrowers by charging inflated fees, agreed to pay federal regulators $21 million. Most of the record payout will be returned to borrowers as refunds. AMG Services and its partner company, MNE Services of Miami, Okla., also will forgive $285 million in unpaid fines and loans still owed by customers.
Yordano Ventura quit school at 14 and was working construction until his big break: a tryout that led to a spot in the Kansas City Royals’ academy in the Dominican Republic. But even after making the major leagues and pitching in the World Series, Ventura wouldn’t live anywhere else than Las Terrenas, his hometown, where he trained on the beach and swam in the ocean.
A unanimous Supreme Court ruled Tuesday that home buyers don't need to file a lawsuit, but may simply write a letter if they want to back out of a mortgage because they claim their lender violated the federal Truth in Lending Act.
Satellite TV provider Dish Network made a splash this month when it unveiled an online alternative with fewer channels and a lower price tag than its regular service. The Sling TV option is aimed at people who have dropped their cable or satellite packages or never had either.
Bowing to privacy concerns, the Obama administration reversed itself Friday, scaling back the release of consumers' personal information from the government's health insurance website to private companies with a commercial interest in the data.