Editorial News

After a stronger start to the year, mortgage demand plunged last week, despite another drop in interest rates. Total mortgage application volume fell 9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.…

Contact: Annette M. Waggoner; awaggoner@commercialcollectiongenciesofamerica Commercial Collection Agencies of America Gives Back January 25, 2023-Chicago-Commercial Collection Agencies of America announced that through its initiative, Commercial Collection Agencies of America Gives Back, a portion of the proceeds of its annual conference…

The U.S. economy produced jobs at a slower but still comfortable rate at the end of 2022, as higher interest rates and changing consumer habits downshifted the labor market without bringing it to a halt. Employers added 223,000 jobs in…

January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in hand. And they may spring for workout clothes or other items to follow through on New Year’s resolutions. But…

Jobs growth in the US remained robust last month, while wages climbed sharply – signs that the world’s largest economy still faces a tough fight as it wrestles to rein in rising prices. Employers added 263,000 jobs, while average hourly…

A mortgage guarantee scheme to help people get on the property ladder is to be extended by a year. The government said the programme, which was due to close at the end of December, would help buyers “navigate difficult times”.…

Debt collectors are now allowed to contact Americans on social media and by text message, according to new rules enacted by a US agency this week. The rule from the Consumer Financial Protection Bureau (CFPB) opens the door for creditors…

Whether you owe a debt or not, getting a phone call from a debt collector is never a pleasant experience. And it’s one that may be happening more frequently in recent months. The hiatus that some states and companies put on debt…

A Plus Personal Home Care denied overtime wages, misclassified 193 workers PIKESVILLE, MD – The U.S. Department of Labor is trying to locate home healthcare workers employed from April 2020 through March 2022 by a Pikesville company who may be owed…

A temporary tax break for small businesses has spawned a cottage industry of advisory firms tapping into federal pandemic aid, raising alarms at the Internal Revenue Service that some claims are going beyond what the law allows. The Paycheck Protection…