Speaking while the video played on a projector screen, Montgomery County Police Chief Marcus Jones narrated a 28-minute-long compilation of body camera footage excerpts and a recorded phone call between police and the driver, 21-year-old Ryan LeRoux, before the July 16 shooting in Gaithersburg. Police responded to a call about [...]
They show the Behavioral Health Emergency Assistance Response Division (B-HEARD) pilot program saw a positive outlook after its trial run in parts of Harlem last month – but critics note that the program had its choice of calls to respond to and selected easy ones, making the rosy outlook an [...]
Your friends just got this buzzy new credit card and you’re excited to apply. But the card issuer’s website says that you need “good to excellent credit,” and you know your credit score is just below the cutoff for “good.” Your credit scores can be a limiting factor when you [...]
Table of Contents Expand Declining Financial Literacy What Is Financial Literacy? Trends Making It More Important Why It Matters The Bottom Line Declining Financial Literacy In past generations, cash was used for most daily purchases; today, it's rarely flashed—particularly not by younger shoppers. The way we shop has changed as [...]
30-Year vs. 15-Year Mortgage: An Overview A bewildering variety of mortgages may be available, but for most homebuyers, in practice, there is only one. The 30-year fixed-rate mortgage is practically an American archetype, the apple pie of financial instruments. It is the path that generations of Americans have taken to first-time [...]
What Is a Credit Application? A credit application is a request for an extension of credit. Credit applications can be done either orally or in written form usually through an electronic system. Whether done in person or individually the application must legally contain all pertinent information relating to the cost [...]
Table of Contents Expand What Is a Home Appraisal? How Today’s Home Appraisals Work Home Appraisal Fees Help for a High-End Appraisal Before the Appraiser Comes If You Secure a Good Appraisal Getting a Second Opinion When the Appraisal Is Low Home Appraisals: The Bottom Line When you refinance your [...]
Quicken Loans vs. Your Local Bank for Mortgage Loans: An Overview Since the dot-com boom of the late 1990s, online mortgage companies have become an increasingly significant force in the home loan industry. Leading the charge is Quicken Loans, now the largest retail mortgage lender in the country. Does the [...]
Jumbo vs. Conventional Mortgages: An Overview You might need a jumbo mortgage to finance it if the next home you plan to purchase comes with a particularly steep price tag. These loans are often run into the millions of dollars. They finance luxury properties, as well as homes in highly [...]
What Is Margin Debt? Margin debt is debt a brokerage customer takes on by trading on margin. When purchasing securities through a broker, investors have the option of using a cash account and covering the entire cost of the investment themselves, or using a margin account—meaning they borrow part of [...]