Mortgage Lenders Are Now Prohibited from Lending more than Buyers can Afford

New Rules from the Consumer Finance Protection Bureau have been issued to prevent some of the abuses that created the housing crisis.  The rules, which can be seen here, will require banks issuing…

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Mobilians: Beware of Tax Scams!

It is tax season, and while most struggling Alabama working folks look forward to getting a refund this time of year, the Mobile Police Department has issued a warning that…

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Two Ways the Fiscal Cliff Deal Affects Debtors in Alabama

The news lately is stacked with references to the “Fiscal Cliff” deal that was finally struck between Democrats and Republicans in Congress. We all know the basic idea: some taxes…

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