My Bank Failed - Now What?

Today we’re talking about the HUD Express Lane initiative.Now, whenever government launches something called an Express Lane, people naturally assume it means the opposite. That’s not what this is. This is not a magic wand. It is not a relaxation of standards. It is not a broad-b ...  Show more

Last week we talked about property taxes being reset when land changes hands. That is true, but it is not the whole story. One of our listeners, Steve related a personal story which I’m going to share here. He writes:Your property tax episode struck home. My family owned what sta ...  Show more

Die Stadt Frankfurt am Main ist das Finanzzentrum Deutschlands. Hier haben die großen Banken ihre Zentrale. Es wird höchste Zeit, dieses Thema mal anzupacken, auch wenn Wirtschaft und Finanzen eher trocken sind. Wenn ein Thema trocken ist bedeutet das, dass es nicht sehr spannend ...  Show more

Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession. In early 2009, one or two banks ...  Show more

On Monday morning, the federal government took over a third failing bank — this time, First Republic.

Jeanna Smialek, an economy correspondent for The Times, discusses whether we are at the end of the banking crisis, or the start of a new phase of financial pain.

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In March 2023 Silicon Valley Bank collapsed. It was the second largest banking failure in US history. The regulator, the FDIC, fired the management team and brought in a new person to run the institution while a buyer was found.As the former CEO of Fannie Mae, Tim Mayopoulus has ...  Show more