Planning for retirement is a crucial aspect of financial well-being. However, there are several financial landmines that individuals must navigate to ensure a secure and comfortable retirement.
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Outrage Continues over Federal Rule to Charge Higher Fees to Home Buyers with Better Credit
A new federal rule that would charge higher fees to home buyers with good credit to help subsidize those with poor credit goes into effect Monday.
The Federal Housing Finance Agency announced in January it would increase Loan-Level Price Adjustment fees for mortgage borrowers with higher credit scores to help keep fees lower for those with worse credit.
Read MoreState Department to Waive Fees for Immigrants Denied Visas During Travel Ban to Reapply
The State Department will waive fees for immigrants seeking visas to come to the U.S. if they were previously denied one because of the Trump administration’s travel ban, according to a Wednesday announcement.
“An IV applicant who is the beneficiary of a valid immigration petition may submit another visa application after being refused and in most circumstances they are required to pay again the relevant application fees,” according to a Federal Register rule published Wednesday. “The Department exempts from such fees only those IV applicants who are applying again after being refused” a visa under the travel ban.
The ban prevented immigration from Iran, Libya, North Korea, Somalia, Syria, Venezuela and Yemen. President Joe Biden issued an executive order repealing the ban on his first day in office in January 2021.
Read More36 States Sue Google over Alleged Anticompetitive Practices in Play Store
State attorneys general of 36 states and the District of Columbia filed an antitrust lawsuit against Google on Wednesday alleging the company engaged in anticompetitive practices in its Play Store for Android.
The complaint argues Google holds and unlawfully maintains a monopoly in the market of “Android app distribution,” using anticompetitive tactics such as blocking competitors from accessing the Play Store, discouraging the creation of competing app stores, and acquiring smaller app developers. The complaint also alleges Google charges app developers up to a 30% commission when customers purchase their products through the Google Play Store.
“Google has taken steps to close the ecosystem from competition and insert itself as the middleman between app developers and consumers,” the plaintiffs argue.
Read MoreStudy: Minnesota’s Local Governments Overcharged Homeowners $78 Million Over Five Years
Local governments in Minnesota overcharged new homeowners $78 million in the last five years in permit fees, according to a Housing Affordability Institute study.
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