Personal Finance Advice and Commentary

The oil gusher has scrambled the economy along the Gulf Coast, cutting incomes of everyone from fishermen to hotel maids. Regulators are asking banks if they will treat those customers, including mortgage borrowers, fairly. Please? Pretty please? The title of the interagency statement tells you a lot: “Financial Institutions Affected by the Deepwater Horizon Oil

Gulf Coast homeowners facing the unknown ramifications of the Deepwater Horizon oil spill received some solid good news from the government this week: The National Flood Insurance Program will cover property damage caused by oil in flood waters. As we wrote about recently, the outcome is far less certain for homeowners insurance coverage, should the