tag:blogger.com,1999:blog-76520314281176490762012-02-08T11:39:10.099-08:00Financial education news, resources, and updates <br> Washington Department of Financial Institutions.Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comBlogger5661100tag:blogger.com,1999:blog-7652031428117649076.post-84068451500997531572012-02-08T11:39:00.000-08:002012-02-08T11:39:10.110-08:00

The Securities and Exchange Commission issued an alert back in January urging investors to use caution when using social media to research an investment. While social media websites, such as Facebook and Twitter, can provide many benefits for investors, they also present many opportunities for fraudsters. Social media and the Internet generally, offer a number of attributes criminals may find

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-71139200666963804392012-02-07T16:39:00.000-08:002012-02-07T16:48:02.775-08:00

The Internal Revenue Service (IRS) announced today that they have launched an online tool that makes it easier to find a location for volunteer tax preparation assistance. The new tool makes it easier than ever for qualified individuals to find free help through the IRS Volunteer Income Tax Assistance (VITA) program. Volunteers at VITA locations generally offer tax preparation for people with

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-18624438913949971442012-01-26T11:54:00.000-08:002012-01-26T15:26:01.051-08:00

if (WIDGETBOX) WIDGETBOX.renderWidget('e751f035-a9a1-40f9-b53b-334d8a8a9dce'); Did you know that each year about 20 percent of Washington taxpayers miss out n receiving up to $5,751 in Earned Income Tax Credit (EITC) payments from the Internal Revenue Service (IRS)? The federal tax credit is available to thousands of low-and moderate-income working families and individuals. Eligibility

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-35057681965532873612012-01-23T16:08:00.000-08:002012-01-23T16:08:16.654-08:00

The North American Securities Administrators Association (NASAA) last week announced that a toll-free hotline and website have been established to assist investors who purchased auction rate securities (ARS) through E*TRADE Securities LLC. State securities regulators and E*TRADE reached a settlement in October 2011 calling for the return of approximately $100 million to the firm’s clients who

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-90682675801364702172012-01-12T17:30:00.000-08:002012-01-12T17:32:16.369-08:00

Fannie Mae and Freddie Mac recently announced that they are giving mortgage servicers expanded authority to provide six months of forbearance to unemployed borrowers without their prior approval and up to an additional six months with prior approval. This means unemployed borrowers may be eligible for up to 12 months of forbearance. Freddie Mac's forbearance options are being expanded at the

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-19986736691525907822012-01-11T13:43:00.000-08:002012-01-11T13:43:45.658-08:00

Housing counselors in Washington: Here’s some information about grant opportunities from HUD. From the HUDle Blog: In an effort to continue providing quality housing counseling to America’s homeowners, buyers and renters, HUD announced today the availability of $2 million in housing counseling grants. These funds are available to provide training activities that will improve and standardize the

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-21958316234954913472012-01-09T15:20:00.000-08:002012-01-09T15:21:44.617-08:00

There’s a new virus hitting the internet that you should beware of. The FBI has issued a warning regarding the “Gameover” virus that is designed to steal your bank account information. The “Gameover” virus typically shows up in a spam email that appears to be from the Automated Clearing House Association (NACHA), the Federal Reserve Bank or the Federal Deposit Insurance Corporation (FDIC).

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-9013100633268507732011-12-28T16:35:00.000-08:002011-12-28T16:35:09.351-08:00

If you’re a Wells Fargo mortgage customer living in the Seattle area and are having trouble making your monthly payments, you may want to attend the Home Preservation Workshop on Thursday, January 12. The workshop will take place at the CenturyLink Field Events Center from 9 am – 7 pm and will allow you to learn about programs that may help you keep your home. You’ll have the opportunity to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-48178174488327019852011-12-23T10:36:00.000-08:002011-12-23T10:41:47.505-08:00

Written by Jeremy Lushene (Webmaster and Communications Consultant) Even with a tightening budget and uncertain economy, DFI employees opened their hearts and their pocketbooks this past year to give to those less fortunate. Through fundraising activities via the Combined Fund Drive program, DFI employees gave a total of $3,892 to the Thurston County Food Bank this year, exceeding last year’s

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-79870844604254405972011-12-22T16:54:00.000-08:002011-12-22T16:54:24.489-08:00

HUD launches multi-language help line (US Department of Housing and Urban Development) Have a question about buying a home, rental assistance or foreclosure but English is not your first language? HUD can help with its new HUD Language Line, a live telephone interpretation service that will allow HUD staff to converse with the public in almost any language. Countrywide settles suit with

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-34856659621085303012011-12-22T15:54:00.000-08:002011-12-22T15:54:46.908-08:00

The Washington State Department of Financial Institutions (DFI) commends the United States Department of Justice for their fair-lending settlement with Bank of America regarding allegations of discriminatory lending practices in their Countrywide Financial unit. Yesterday’s announcement by the Justice Department finding more than 200,000 minority borrowers nationwide were given loans with higher

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-78703660135347595952011-12-21T09:58:00.002-08:002011-12-21T09:59:40.365-08:00

A roundup of consumer-focused articles from around the web. Is it safe to shop on your smartphone? (AARP) Making purchases on a smartphone that's connected to a public Wi-Fi network, like at a coffee shop or airport, could lead to the theft of your credit card numbers and personal information. Here's some tips from AARP on how to minimize your risk. BBB says bid with caution on penny auction

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-5524650909408789242011-12-20T14:34:00.000-08:002011-12-20T14:36:58.668-08:00

Weathering tough economic times - 12 Tips for 2012 (FINRA) The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation today released Weathering Tough Economic Times—12 Tips for 2012, which provides practical help money tips for 2012. SEC releases investor bulletin on Real Estate Investment Trusts .pdf (Securities and Exchange Commission) Information about Real Estate

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-52516209061172195032011-12-16T15:53:00.000-08:002011-12-16T15:53:17.550-08:00

CFPB taking whistleblower tips (Consumer Financial Protection Bureau) The Consumer Financial Protection Bureau (CFPB) has announced that whistleblowers can alert the CFPB to potential violations of federal consumer financial laws in multiple ways. FTC settlement requires "U.S. Homeowners Relief" defendants to pay millions (Federal Trade Commission) Six defendants have agreed to settle Federal

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-77604043905220114172011-12-14T16:02:00.000-08:002011-12-14T16:02:50.651-08:00

A roundup of consumer-focused articles from around the web. What is an ETF? (Mint.com) Exchange Traded Funds explained by Mint.com in a nice infographic. Consumer Smarts: Unwanted cell phone calls are tough to avoid (Seattle Post Intelligencer) Consumers expect a fair amount of privacy with their cell phones, so when they get unwanted telemarketing pitches on their cell phones the offense

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-65388832574918891452011-12-14T15:40:00.000-08:002011-12-14T16:18:39.001-08:00

Is it really possible to talk to teens about their financial future and actually connect with them ? Absolutely! Today, I had the opportunity to talk to 450 Centralia and Chehalis high school students about the importance of saving and investing in their future. The speech was part of Washington Business Week program, which all Junior class students of Centralia and Chehalis high school

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-23404438058469190452011-12-13T16:15:00.000-08:002011-12-13T16:16:41.085-08:00

A roundup of consumer-focused articles from around the web. Annuities are a retirement option, but be wary of fees (USA Today) For some people, an annuity might be a good choice. But you should pepper your agent with many questions before you commit: It's generally easier to get into an annuity than it is to get out of one, and you may have better options available. Consumer Financial Protection

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-67537060670708974782011-12-13T14:30:00.000-08:002011-12-13T14:32:42.133-08:00

Today, I presented on credit scores and how they can impact our financial life. To my surprise, many of my class attendees had not heard of the Vantage Score. The Vantage credit score was developed in 2006 by 3 major credit bureaus: Experian, Equifax, and TransUnion. It is differen't from your FICO score. Your Vantage Score is based on the traditional A,B,C,D, and F rating scale. Vantage scores

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-32387181092201166542011-12-12T12:00:00.000-08:002011-12-12T12:01:30.314-08:00

 A roundup of consumer-focused articles from around the web. What you need to know about independent foreclosure review (Federal Reserve) Information from the Federal Reserve regarding what you need to know about the independent foreclosure review process. 12 schemes of the holidays (Better Business Bureau) Gifts and appeals may seem like true love, but Better Business Bureau serving Alaska,

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-46433614936589674282011-12-09T15:53:00.000-08:002011-12-09T15:55:59.963-08:00

A roundup of consumer-focused articles from around the web. Obama Administration announces $2 billion in resources to support job-creating startups (White House) The White House yesterday announced administrative and private sector actions that will help entrepreneurs grow their businesses and create jobs by increasing their access to capital and resources. The U.S. Small Business Administration

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-27723471471889348692011-12-08T13:17:00.000-08:002011-12-08T13:18:39.796-08:00

A roundup of consumer-focused articles from around the web. Scam alert: Are You a Tweeter — or a Sitting Duck? (AARP) In a recent report, cyber-security watchdog Barracuda Labs estimated that one of every 100 tweets is "malicious" and that fewer than half of Twitter accounts represent true users sending out tweets to followers (people who have signed up to see their tweets). The rest of the

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-26867634125794109812011-12-07T14:03:00.000-08:002011-12-07T14:03:06.492-08:00

The Consumer Financial Protection Bureau today wrote a informative blog about with tips on shopping for a credit card. Did you know that your interest rates can rise if you’re 60 days late paying your bill? Check out the tips and blog at http://www.consumerfinance.gov/how-do-i-shop-for-a-credit-card/ Submit Your Comments Regarding a New Credit Card Agreement Prototype The Consumer Financial

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-87648862632850611252011-12-07T12:17:00.000-08:002011-12-07T12:18:34.610-08:00

A roundup of consumer-focused articles from around the web. Consumer Financial Protection Bureau aims to simplify credit card agreements The Consumer Financial Protection Bureau (CFPB) is asking the public to weigh in on a prototype credit card agreement that is shorter, written in plain language, and explains key features upfront. Updated Washington Foreclosure Prevention Resource Guide (pdf)

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-14101904547300472092011-12-06T11:22:00.000-08:002011-12-06T11:24:14.883-08:00

A roundup of consumer-focused articles from around the web. New program now available to help you refinance your mortgage (KOMO TV) There is now more help for those who would like to refinance their home loans: The Home Affordable Refinance Program or HARP is now up and running. Washington Department of Revenue providing more tax information through email (Bellingham Herald) The Washington

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-35915288709590182732011-12-01T15:44:00.001-08:002011-12-01T15:44:01.741-08:00

FYI. There will be no consumer news roundup for 12/02 and 12/05. Check back 12/06.

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-17366493502422724572011-12-01T15:42:00.000-08:002011-12-01T15:42:41.350-08:00

Just a reminder for residents living in the Portland/Vancouver area... Portland/Vancouver homeowners who are having difficulties making their monthly mortgage payment are encouraged to attend the Help for Homeowners event in Portland on Saturday, December 3, 2011. At the event you’ll have the opportunity to meet one-on-one with your mortgage lender or a HUD-approved housing counselor. Find out

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-38505362193281522242011-12-01T15:31:00.000-08:002011-12-01T15:33:20.648-08:00

A roundup of consumer-focused articles from around the web. Fannie and Freddie announce eviction moratorium for the holidays Fannie Mae and Freddie Mac announced that the government enterprises will suspend evictions of foreclosed single family and 2-4 unit properties from Dec. 19 through Jan. 2, 2012. Cyber crime increasing Fraud is on the rise in the United States and globally, according to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-16605115251227913142011-11-30T14:19:00.000-08:002011-11-30T14:20:39.186-08:00

Part of the Department of Financial Institutions’ mission is to protect Washington consumers from financial fraud. We do this through a variety of ways, such as licensing financial institutions and individuals, examining them for compliance with the law, and taking enforcement actions against them for violating the law. We also investigate complaints about financial institutions or individuals

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-35699203899005405392011-11-30T13:41:00.000-08:002011-11-30T13:42:42.522-08:00

A roundup of consumer-focused articles from around the web.  Logging in...and locking out fraud artists (FDIC) What to know about new federal guidelines for how banks confirm the identity of online users. Consumer alert: Saint Judes Home Rescue (Department of Financial Institutions) Saint Judes Home Rescue appears to be conducting a loan modification scam. Coordinated central bank action to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-18672445901570522732011-11-29T12:57:00.000-08:002011-11-29T12:57:49.976-08:00

A roundup of consumer-focused articles from around the web. 5 scams to watch for in 2012 (AARP) The coming year won't herald the end of the world nor will it be the end of scams and rip-offs. Tight government budgets will also favor con artists. District attorneys without funds to prosecute property crimes such as home burglaries certainly won't be quick to chase down $1,000 you lost to an

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-88100930641288839512011-11-28T09:56:00.000-08:002011-11-28T09:57:52.250-08:00

A roundup of consumer-focused articles from around the web. It pays to know what goes into a credit score Credit scores can be kind of scary. Perhaps that's why there seem to be so many myths and misperceptions about exactly what's in a credit score. In a recent national survey by Visa Inc. that asked U.S. consumers what factors negatively affect a credit score, plenty of answers were flat-out

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-44490085639298132122011-11-23T09:43:00.000-08:002011-11-23T09:48:04.826-08:00

A roundup of consumer-focused articles from around the web. BBB's top tips for holiday shopping time Black Friday: The day after Thanksgiving, Nov. 25, retailers promote their best holiday deals to entice shoppers into crowded aisles for "must have" goods. Surviving Black Friday isn't easy, so BBB is offering advice. Kirkland broker admits to stock scam A Kirkland stock broker accused of

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-87486006915597422922011-11-22T16:09:00.000-08:002011-11-22T16:16:44.591-08:00

Investment scam artists are the masters of persusion, tailoring pitches to take your money. Fight back by learning 5 of the most common persuasion tactics used and 3 simple ways you can protect yourself. An Inside Look at the Common Tactics Thanks to the Financial Industry Regulatority Authority for identifying the following tactics. The "Phantom Riches" Tactic—dangling the prospect of wealth,

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-18388921402635237012011-11-22T14:56:00.000-08:002011-11-22T14:57:21.231-08:00

Portland/Vancouver homeowners who are having difficulties making their monthly mortgage payment are encouraged to attend the Help for Homeowners event in Portland on Saturday, December 3, 2011. At the event you’ll have the opportunity to meet one-on-one with your mortgage lender or a HUD-approved housing counselor. Find out if you qualify for the Obama Administration’s Making Home Affordable

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-20107364714577683822011-11-22T13:18:00.000-08:002011-11-22T13:18:23.248-08:00

A roundup of consumer-focused articles from around the web. Person-to-Person payments by smartphone pose risks Tips from the FDIC on protecting yourself from fraud when making person-to-person payments via smartphones. FTC sends refunds to consumers defrauded by counterfeit check and prize scam The Federal Trade Commission is mailing hundreds of refund checks to consumers who were defrauded by

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-11959329137786131812011-11-18T16:05:00.001-08:002011-11-18T16:05:14.646-08:00

If you provide financial education classes in Washington, list your class on DFI’s financial education calendar for free! DFI maintains a statewide calendar so that Washington residents can easily find a class near them. View the calendar and submit your event at www.dfi.wa.gov/financial-education/calendar.htm

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-80267389343798697632011-11-18T10:02:00.000-08:002011-11-18T10:04:48.862-08:00

A roundup of consumer-focused articles from around the web. Housing industry wins higher mortgage limits The U.S. housing industry has scored a victory with House and Senate votes to raise the size of mortgages backed by the Federal Housing Administration to $729,750. Olympia McDonald's worker arrested in credit-card case A 17-year-old McDonald's employee has been arrested for allegedly stealing

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-12833583655111059392011-11-17T09:42:00.000-08:002011-11-17T09:43:08.104-08:00

A roundup of consumer-focused articles from around the web. Consumer Financial Protection Bureau aims to shed light on the private student loan industry The Consumer Financial Protection Bureau (CFPB) announced that it is seeking information from students, schools, industry, and other stakeholders on the private student loan market. The CFPB published a Notice and Request for Information to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-29684012002198734542011-11-16T15:28:00.000-08:002011-11-16T15:28:01.669-08:00

Before you buy or use a gift card this holiday season, you should check out the card for potential fees and restrictions. Below are things the Comptroller of the Currency says you should watch for. What to Watch forThe fine print - First, look at the fine print on the card or call the toll-free number listed. You may find that some cards come with fees. A fee could be charged when you buy the

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-41223753445161427212011-11-16T14:17:00.000-08:002011-11-16T14:18:57.839-08:00

A roundup of consumer-focused articles from around the web. Florida collects $1.75 million fine from Goldman Sachs; Billions returned to consumers nationwide The Florida Office of Financial Regulation (OFR) announced that OFR Commissioner Tom Grady has issued a settlement agreement resulting from an investigation of Goldman, Sachs & Co. (Goldman Sachs). The investigation revealed that Goldman

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-37595297461604461372011-11-14T15:35:00.000-08:002011-11-14T15:35:40.223-08:00

The FINRA Investor Education Foundation launched a redesigned SaveAndInvest.org website today to help military families and investors avoid fraud.The redesigned website features tools such as BrokerCheck, where you can research the background of an investment broker, as well savings and retirement calculators. SaveAndInvest.org's new Military Center features information for servicemembers and

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-50555540101173897002011-11-09T15:15:00.000-08:002011-11-09T15:51:00.198-08:00

Mortgage servicers have begun offering case reviews to borrowers whose primary residents was part of a foreclosure action between January 1, 2009 and December 31, 2010. The reviews, announced by federal regulators on November 1, 2011, are required under a settlement reached between the nation's largest mortgage servicers and the regulators. Under the settlement, 14 large mortgage servicers

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-92231177311422485112011-11-01T17:00:00.000-07:002011-11-01T17:07:59.222-07:00

Tackling the problem of financial education among Washington students head-on, State Treasurer James McIntire, Seattle Seahawks’ Quarterback Tarvaris Jackson, Jump$tart Washington, and Visa Inc. today announced a statewide effort to raise awareness of the importance of financial education in schools. Financial Football is a free educational video game and classroom curriculum developed by Visa

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-58344253570166027612011-10-28T15:34:00.000-07:002011-10-28T16:10:20.331-07:00

By Jeremy Lushene – Financial Educator for the Washington Department of Financial Institutions Last week, I had the opportunity to teach a budgeting class at orientation training for new Americorps (Washington Conservation Corps) volunteers. The volunteers are going to be doing great work in helping restore Washington’s rainforests, responding to floods, cleaning up Washington's backcountry

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-10683498590912773592011-10-13T12:18:00.000-07:002011-10-13T12:23:14.543-07:00

Low interest rates may have many Washington homeowners considering refinancing. But before you start the refinancing process, you’ll need to get organized. Here are some tips from the Washington State Department of Financial Institutions. Each lender’s criteria may be a little different. Gather and organize paperwork, such as such as pay stubs (covering one to two months), W-2 forms (two years)

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-72943743140751437962011-09-30T11:58:00.000-07:002011-09-30T12:03:42.685-07:00

Here’s a great opportunity for Seattle area residents to receive one on one financial consultation. Seattle Mayor Mike McGinn and the City of Seattle are hosting Seattle Financial Planning Day on Saturday, October 22, 2011 at White Center Elementary School. Don’t miss this opportunity for a free, private consultation on financial issues that matter to you with experts from the Financial

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-47343378943645372982011-09-26T13:42:00.000-07:002011-09-26T13:43:15.502-07:00

Last week, DFI released its annual list of financial products and practices that threaten to trap unwary investors. DFI urges investors to learn the warning signs of investment fraud and independently verify any investment opportunity as well as the background of the person and company offering the investment. DFI can help you with this by providing detailed background information about those

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-25347985103729265702011-09-20T16:11:00.000-07:002011-09-20T16:12:05.766-07:00

DFI will once again have a booth at this year’s Puyallup Fair. Thursday-Saturday, DFI will have a table in the education building along with other state agencies. Come pick up free financial publications, ask one of our knowledgeable staff a question, or just say hi. Hope to see you there!

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-77575653098766396222011-09-16T11:42:00.000-07:002011-09-16T11:45:14.661-07:00

There are many great resources out there to help you learn more about credit and credit scores. Below are five that we pulled from our bookmarks that we think you should know about. FICO – FICO is the credit score that many major lenders use to judge your creditworthiness. Visit FICO’s website to learn how you are scored and tips for improving your credit score. http://www.myfico.com/

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-88453335775009183842011-09-12T15:30:00.000-07:002011-09-12T15:31:27.140-07:00

The Washington Department of Financial Institutions (DFI) is pleased to announce that it will once again being offering the award-winning Money Savvy financial literacy curriculum for free to a limited number of second, third, sixth, seventh, and eighth grade classrooms across the state of Washington for the 2011-2012 school year. Teachers interested in the free curriculum are encouraged to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-30154830235986321052011-09-07T16:39:00.000-07:002011-09-07T16:42:41.119-07:00

Today, DFI and the North American Securities Administrators Association (NASAA) released tips on how to avoid social networking investment scams. While social networking helps connect people with others who share similar interests or views, con artists infiltrate these social networks looking for victims.  By joining and actively participating in a social network or community, the con artist

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-76610142077653614582011-09-02T15:38:00.000-07:002011-09-02T15:40:13.913-07:00

Weekly roundup of financial news and fraud alerts for August 29-September 2, 2011. Additional applications for up an interest-free $50,000 loan via the Emergency Homeowners’ Loan Program are being accepted through September 15. DFI warns Fidelity National Legal Services may be operating a loan modification scam. DFI warns Pacific Credit Services may be operating a payday loan collection scam.

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-17594984852582010542011-08-30T09:24:00.000-07:002011-08-30T09:25:09.900-07:00

The U.S. Department of Housing and Urban Development and NeighborWorks® America reopened the application process for the Emergency Homeowners’ Loan Program (EHLP). The program will assist Washington homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment or underemployment, due to economic conditions or a medical condition. Eligible

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-83708384797201800852011-08-09T10:27:00.000-07:002011-08-09T10:30:43.836-07:00

Watching the stock market drop is difficult and puts many of us into panic mode. Before making any investment move, in a down or even up economy, get the facts and understand why you are making the investment decisions you choose. Here are some important things to consider: Understand what a “real loss” is. You only have a realized loss if you actually sell an investment at a price below its

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-43281622483496534572011-08-05T13:35:00.000-07:002011-08-05T13:37:05.465-07:00

If you’re thinking about forming and running a successful small business, you may want to check out the 2011 Washington Small Business Fair on Saturday, September 24 in Renton. The free event will feature seminars and an exhibitor resource center to help you get started with your small business. DFI will have a booth and will be on hand to talk with attendees about our small business

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-85487912874354094982011-07-28T11:47:00.000-07:002011-07-28T11:48:41.487-07:00

The Snohomish Asset Building Coalition is sponsoring a mortgage assistance event for struggling homeowners on Saturday, August 20, from 10 am to 2 pm at Cascade High School in Everett. Attendees will have the opportunity to meet one on one with housing counselors to go over their situation and discussion options for avoiding foreclosure. There will also be workshops, including: What is a loan

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-70423846777002158962011-07-27T12:44:00.000-07:002011-07-27T12:44:49.189-07:00

The new federal Consumer Financial Protection Bureau (CFPB) opened for business last Thursday and immediately began accepting credit card complaints from customers. Through the CFPB website, ConsumerFinance.gov, you can submit complaints or issues regarding your credit card company. The CFPB will forward your issue to your credit card company, give you a tracking number, and keep you updated

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-17361726795784296612011-07-20T13:47:00.000-07:002011-07-20T15:34:20.394-07:00

Today DFI issued an alert regarding Lenroc Services not being properly licensed to provide loan modification services in Washington. See alert at: http://dfi.wa.gov/consumers/alerts/lenroc-services.htm. DFI received a complaint from a Washington consumer relating to a transaction entered into with a business claiming to be a mortgage broker, Lenroc Services, and an individual claiming to be a

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-63957541508268225212011-07-19T13:40:00.000-07:002011-12-20T13:36:33.243-08:00

Guest blog from Rogers Weed, Director, Department of Commerce Friday marks the launch of a landmark program for Washington homeowners facing foreclosure. Thanks to bipartisan work this session, Washington is the third state with a non-judicial foreclosure process to introduce a program designed to help homeowners and their lenders reach a resolution. The new Foreclosure Mediation Program allows

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-50156464700220196742011-07-14T12:57:00.000-07:002011-07-14T13:03:05.736-07:00

The State of Washington will be offering bonds to retail investors on July 15 and July 18, 2011. Bonds sold by the State of Washington help finance investments in our schools, roads, bridges, and other crucial infrastructure projects. Message from James L. McIntire, Washington State Treasurer Washington periodically issues bonds to finance investments in our schools, roads, bridges, housing,

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-1804139921653129502011-07-12T15:26:00.000-07:002011-07-12T15:28:50.868-07:00

Spammers for years have been targeting your email and now they are after your cell phone via text message.  Even more annoying, if you don’t have an unlimited text messaging plan, you may end up paying for these text messages. Spam Laws In 2003, Congress passed the Controlling the Assault of Non-Solicited Pornography and Marketing (CAN-SPAM) Act, which makes it illegal to send unsolicited

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-864647844948872402011-07-08T15:48:00.000-07:002011-07-08T15:48:20.585-07:00

If you’re unemployed and having trouble making payments on your FHA-insured mortgage, more help is on the way from the Federal Government. The Federal Housing Authority is providing additional breathing room for unemployed homeowners by requiring FHA-approved lenders to extend special forbearance from four to 12 months. This means certain unemployed borrowers with FHA-insured mortgages may have

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-58151967870279223352011-07-07T16:23:00.000-07:002011-07-07T16:25:46.885-07:00

Are you behind 3 or more months on payments? Was the combined 2009 adjusted gross income of all the persons named on your first mortgage loan documents less than $75,000? Are you free of federal debt? If so, you may be eligible for the Emergency Homeowners' Loan Program (EHLP). EHLP is a program which will give 0% interest loans to struggling homeowners (that qualify) for 24 months to help

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-58198804080944761912011-06-27T11:55:00.000-07:002011-06-27T11:55:31.850-07:00

Washington homeowners who are at risk of foreclosure may be eligible for an interest free loan of up to $50,000 through the new Emergency Homeowners’ Loan Program (EHLP). The deadline to apply is July 22, 2011. To apply visit http://www.findehlp.org/ or call toll free 855-346-3345. The U.S. Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks® America the program

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-5100947724203655692011-06-16T16:45:00.000-07:002011-06-16T16:50:02.642-07:00

The Korean Community Service Center and Northwest Justice Project will host a free foreclosure prevention workshop this Saturday, June 18, in Renton. Attend the event and: Learn about foreclosure prevention programs and laws Understand the foreclosure process (avoid scams) Discuss refinancing or modifying a home loan confidentially with a Housing Counselor or Attorney Korean Language

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-22555977685120279312011-06-10T15:47:00.000-07:002011-06-10T15:47:30.302-07:00

Investors who need cash — or who want to tap the value of their portfolios without selling their investments — might be tempted to apply for a "stock-based loan," pledging fully paid securities as collateral for the loan. However, stock-based loan programs can be risky, especially when they involve "non-recourse" loans from unregistered, unregulated, third-party lenders. The Financial

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-37492589521048598732011-06-02T10:41:00.000-07:002011-06-02T10:43:23.047-07:00

Are you a Wells Fargo or Wachovia mortgage customer facing mortgage payment challenges? If so, we encourage you to attend one of the upcoming Wells Fargo mortgage assistance events on July 7 and July 8 in Bellevue. You’ll meet with a Wells Fargo representative who will confidentially discuss your financial concerns and options. Plus, find out about your eligibility for programs that may help

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-59724582434127474342011-06-01T16:21:00.000-07:002011-06-01T16:21:50.877-07:00

Our Division of Consumer Services issued a consumer alert today regarding MyNextDayCash.Com. The company is not licensed to provide payday loans in Washington. It has also been reported that MyNextDayCash.com may make debits from consumers’ bank accounts in amounts that may be in excess of the loan terms. The Department of Financial Institutions strongly recommends consumers only deal with

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-70685173419498739202011-06-01T16:11:00.000-07:002011-06-01T16:13:44.193-07:00

Free workshops on protecting yourself from fraud, scams, and Identity Theft are coming to the Tacoma area this June thanks to the Pierce County Aging and Disability Resource Center. "Scams, Fraud and ID Theft" will enable participants to recognize the simple and sophisticated activities used to trick people out of their money. Participants will also have the opportunity to learn what to do if

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-81583386367842328392011-06-01T13:54:00.000-07:002011-06-01T13:56:17.023-07:00

Did you know that there are three established, local Bank On campaigns in Washington? Bank on Seattle King-County, Bank on Cowlitz County, and Bank on Yakima. There are also fourteen more local Bank On campaigns in the making. The Washington Asset Building Coalition (WABC) is currently developing a Bank On Washington initiative that will support these local Bank On campaigns and develop

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-64408022604100321762011-05-31T16:38:00.000-07:002011-05-31T16:38:12.228-07:00

The Washington Utilities and Transportation Commission (UTC) has some words of caution for residents needing to hire a moving company: check the background of the moving company with the state, before it’s too late! A large number of moving companies falsely advertise that they are “licensed and insured.” Customers who hire these illegal companies typically have little or no recourse if their

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-47442284946619178042011-05-31T11:58:00.000-07:002011-05-31T12:02:48.334-07:00

The Washington Department of Commerce will be offering a foreclosure mediation training program on June 28 and June 29, 2011, at the Lynnwood Convention Center. The training is designed to provide experienced mediators with the technical information necessary to conduct an effective and complete foreclosure mediation process consistent with the intent of the Foreclosure Fairness Act. For more

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-9617228032474849992011-05-24T11:27:00.000-07:002011-05-24T11:27:33.026-07:00

Know of an individual, group or coalition that deserves recognition for outstanding asset building work in Washington? Nominate them for an award at the first annual asset building awards ceremony that will take place on June 22, 2011 at the Building Assets, Strengthening Communities Conference in Yakima, Washington Who to Nominate: Any Individual /Group/Coalition that deserves recognition

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-3548961823051031692011-05-24T10:12:00.000-07:002011-05-24T10:14:51.950-07:00

News from the IRS The Internal Revenue Service is accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years. Applications will be accepted May 23, 2011, through June 30, 2011. Previous grant recipients will have the option to apply for up to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-52927287073588769482011-05-23T11:01:00.000-07:002011-05-23T11:01:25.334-07:00

The Tacoma/Pierce County Affordable Housing Consortium quarterly public forum on June 8 will focus on the new Washington Foreclosure Fairness Act. The Washington Foreclosure Fairness Act passed during the 2011 legislative session and created the Foreclosure Mediation Program  to provide homeowner foreclosure assistance. State law now requires lenders to notify borrowers prior to foreclosure of

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-21228075418494423762011-05-18T11:09:00.000-07:002011-05-18T11:10:14.318-07:00

The Consumer Financial Protection Bureau (CFPB) today announced the Know Before You Owe project, an effort to combine two federally required mortgage disclosures into a single, simpler form that makes the costs and risks of the loan clear and allows consumers to comparison shop for the best offer. The CFPB will begin testing two alternate prototype forms that are designed to be given to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-63944323592788778872011-05-13T14:38:00.000-07:002011-05-13T14:46:20.343-07:00

Results from the 2011 National Financial Capability Challenge are in and Washington high school students scored higher than the national average. The National Financial Capability Challenge is an awards program designed to increase the financial knowledge and capability of high school aged youth across the United States so they can take control over their financial futures. It challenges high

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-9951212964655852532011-05-13T11:35:00.000-07:002011-05-13T11:35:26.510-07:00

The National Endowment for Financial Education (NEFE) is sponsoring a video contest with prizes up to $1,000. The Reality Check Challenge asks people to create a video showing what they have wasted their money on and what they should have done with their money instead. Entrants with the most popular stories will win back some of their money, with prizes ranging from $100 to $1,000. NEFE is

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-4019515044842757372011-05-10T14:29:00.000-07:002011-05-17T13:45:11.315-07:00

On April 14, 2011, Governor Chris Gregoire signed into law the Foreclosure Fairness Act of 2011. The legislation creates the Foreclosure Mediation Program. State law now requires lenders to notify borrowers prior to foreclosure of the availability of foreclosure counseling and the potential for mediation. Foreclosure counseling will help homeowners understand all of their options and

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-2140795832613987662011-05-10T14:10:00.000-07:002011-05-10T14:12:02.198-07:00

The Washington Asset Building Coalition now has a blog. Check it out at www.washingtonabc.org/blog. The blog features Coalition Updates Upcoming Events Financial Education Funding Opportunities News Reports Resources and more!

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-88774203665389276922011-05-09T14:39:00.000-07:002011-05-09T14:39:58.226-07:00

The Federal Deposit Insurance Corporation (FDIC) is now offering free Money Smart Train-the-Trainer workshops via monthly webinars. These webinars provide a detailed overview of the free Money Smart curriculum and successful strategies, including ways that the modules can be adapted to specific needs. Money Smart is free curriculum from the FDIC that can be used by financial institutions and

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-48731022712153780002011-05-09T10:56:00.000-07:002011-05-09T10:56:52.598-07:00

Bank of America home loan customers experiencing financial hardship are encouraged to attend upcoming  Bank of America Customer Outreach Events in Bellevue and Spokane May 19-21. At the events, you'll have the opportunity to meet face-to-face with a Bank of America specialist to discuss your home loan and any assistance programs, including loan modification options, that may be available to you

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-73843595844669759702011-05-06T16:12:00.000-07:002011-05-06T16:12:50.463-07:00

The Securities and Exchange Commission has relaunched Investor.gov. The website contains a nice, new interface with a ton of information and resources for investors, such as: News and alerts Publications and resources Resources for the classroom Investing basics Calculators Quizzes and more Check it out at http://www.investor.gov/

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-41109779722901844542011-05-05T15:53:00.000-07:002011-05-05T15:54:36.338-07:00

Registration has opened for the 2011 Washington Asset Building Conference. The conference will take place on June 21 and June 22 in Yakima. For more information about the Washington Asset Building Coalition visit http://www.washingtonabc.org/. Whether you are new to asset building or an expert, this conference will have something for you. Topics include microenterprise, housing, savings

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-658676968667608612011-04-25T15:51:00.000-07:002011-04-25T15:54:29.013-07:00

Students of Camas High School in Clark County are learning that saving can be both fun and rewarding thanks to the school’s dedication to financial literacy. The school offers a Financial Fitness class that teaches essential money concepts such as interest rates, the rule of 72, and compound interest. Students say the concepts they have learned in class have opened their eyes. Camas High also

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-13209638903767222011-04-19T11:19:00.000-07:002011-04-19T11:19:27.114-07:00

PNC Financial Services Group and Sesame Street have teamed up to teach children ages 3 to 5 smart money habits. The educational campaign includes videos, an interactive website, outreach materials, and information for parents and caregivers on how to talk to children about money. The website www.sesamestreet.org/save includes:Videos Printable activities for preschoolers Resources and information

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-73793080124398536502011-04-18T13:45:00.000-07:002011-04-18T13:46:29.683-07:00

Governor Chris Gregoire proclaimed April 23-30, 2011, as Money Smart Week in Washington. Money Smart Week Washington is a series of free classes and activities designed to help residents better manage their personal finances. To find a class near you, search the Money Smart Week calendar. Organizations – Get Involved! Jump$tart Washington is coordinating the second annual Money Smart Week

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-35856843911688747642011-04-11T15:50:00.000-07:002011-04-11T15:50:47.597-07:00

Theft from ATM skimmers costs $1 billion annually. Yes, $1 billion. Watch this report from King 5's Get Jesse for tips on how to spot an ATM skimming device and what you can do to protect yourself.

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-66171701038938059732011-04-05T13:23:00.000-07:002011-04-05T13:23:17.790-07:00

Companies affected by the Epsilon data breach are warning their customers to beware of fraudulent emails asking for their personal information. On March 30, Epsilon clients' customer data were exposed by an unauthorized entry into Epsilon's email system. The information that was obtained was limited to email addresses and/or customer names only. A rigorous assessment determined that no other

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-45114195141825434302011-04-04T15:36:00.000-07:002011-04-04T15:36:39.128-07:00

Governor Gregoire has proclaimed (pdf) April 2011 as Financial Literacy Month in Washington. Washington Financial Literacy Month is part of a national movement to bring awareness to the opportunities for personal financial education. DFI is a proud supporter of Washington Financial Literacy Month and is using the month as platform to connect people with local money management information,

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-62286348037492592412011-03-28T15:45:00.000-07:002011-03-28T15:45:13.364-07:00

The Washington State Employment Security Department is warning  residents to beware of spam that may lead people to believe the emails are from the state agency – and not spam. From the Employment Security Department Advertisers are using phrases such as “Unemployment Information Center” and “Get Unemployment Benefits” in emails targeting the unemployed. The emails ask for personal information

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-66394351682296899232011-03-28T13:23:00.000-07:002011-03-28T13:23:40.108-07:00

The Financial Industry Regulatory Authority (FINRA) is encouraging you to use tax time to take stock of your finances and gain control of your financial future. To help you, FINRA released "Take Control of Your Financial Future: Tips to Think About at Tax Time and Beyond", a new publication that identifies 5 steps you can take to better you financial well-being. Check it out: FINRA’s Tips to

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-26758165057388368702011-03-25T11:54:00.000-07:002011-03-25T11:57:16.349-07:00

The Washington Department of Revenue is warning area businesses to beware of a telephone scam making the rounds. From the Washington Department of Revenue: Scammers posing as Washington Department of Revenue employees are again calling Washington businesses to direct them to a bogus international phone number that charges them for the call, the Department warned today. The automated phone

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-2869950163313846872011-03-18T15:52:00.000-07:002011-03-18T15:54:39.014-07:00

Have you been a victim of financial fraud or know someone who could be at risk? Forward this video on to your friends and family, and find out more by visiting AARP, the Washington State Department of Financial Institutions, and the FINRA Investor Education Foundation.

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-71941355710859054102011-03-18T15:37:00.000-07:002011-03-19T09:45:25.509-07:00

The Better Business Bureau (BBB) has identified the five most dangerous places to store your Social Security Numbers. The BBB wants you to know that while reports of identity theft decreased in 2010, "friendly fraud" is on the rise; the number of victims targeted by relatives, friends or roommates increased seven percent. According to the 2011 Identity Fraud Survey Report by Javelin Strategy &

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-82883027292871602052011-03-16T15:33:00.000-07:002011-03-16T15:34:36.493-07:00

New tax tips from the IRS. Parents need to be aware of the tax rules that affect their children’s investment income. Here are four facts from the IRS that will help parents determine whether their child’s investment income will be taxed at the parents’ rate or the child’s rate: 1) Investment Income Children with investment income may have part or all of this income taxed at their parents’ tax

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-26838553125574786232011-03-15T15:34:00.000-07:002011-03-15T15:34:44.072-07:00

Attend a free financial education class without leaving your home. CredAbility offers live webinars designed to enhance your overall financial knowledge and literacy in a variety of areas. Each webinar is facilitated by a certified credit counselor and is approximately 1 hour in length. Upcoming classes cover topics such as credit scores, financial planning, and budgeting. For more

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-26873726264596577932011-03-15T15:23:00.000-07:002011-03-15T15:23:22.936-07:00

It’s no secret that when a promising company emerges or an industry sector becomes “hot,” investors typically flock to get a piece of the action. FINRA has issued a warning about scams making the rounds that purport to offer investors' access to pre-IPO shares of well-known social media companies, including Facebook. Seizing upon investor demand for shares of the private stock of high-profile

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-51289737495941829232011-03-11T11:22:00.000-08:002011-03-11T11:22:04.199-08:00

DFI this morning issued a consumer alert regarding Fast Financial Funds Company. It has been reported that Fast Financial Funds Company, https://fastfinancialfundscompany.com, is offering online payday loans and other types of consumer financing for which consumers may be required to pay an up upfront or advance fee. Fast Financial Funds Company claims to have an address of 7009 24th Avenue NW

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.comtag:blogger.com,1999:blog-7652031428117649076.post-26180409167528630932011-03-11T10:07:00.000-08:002011-03-11T10:07:56.829-08:00

Yesterday, Bank of America announced programs for its mortgage customers serving in the United States military, improving key benefits for those on active duty and extending mortgage protections for servicemembers beyond active duty. The newly introduced programs include a principal forgiveness loan modification program for military borrowers behind on their payments when leaving active duty; a

Jeremy Lushenehttp://www.blogger.com/profile/11684039919754648290noreply@blogger.com