New Rules Change the Lending Landscape in 2014
“The path of the just is a shining light,“ King Solomon says in Proverbs 4:18. Today, a string of lawsuits and new laws are attempting to bring justice to the ethically challenged US mortgage lending industry. And these efforts to protect consumers and hold lenders to new standards are changing the...
New Debt to Income Ratio Rule May Cool Borrowing
King Solomon reminds us that wisdom and equity go hand in hand – and create the foundation for a prosperous blessed life. But efforts to create an equitable solution can have unintended outcomes. That’s what may happen in 2014, when new provisions of the sweeping Dodd Frank Act tighten up borrowing...
Hackers Take Advantage of Outdated Card Security
Lying tongues and creators of wicked plots are among the things the Lord abhors, as King Solomon tells us in his Proverbs. As the fallout from the recent theft of data from millions of Target customers continues, new information is emerging about how those cyberplotters were able to swipe that kind of...
Target’s Data Hack Highlights Security Risks
As King Solomon tells us in Proverbs 6:16-18, one of the seven things most hated by God is a “heart that deviseth wicked plots. “ And today, as giant retailer Target scrambles to manage the fallout from last month’s massive data hack that intercepted its customers’ credit card information, digital...
The Ven Follows the Bitcoin’s Footsteps
King Solomon tells us that knowledge is more valuable and more enduring than silver and gold – the coin of his day. But as the Bitcoin ushers in a new way of thinking about money in today’s digital world, specialized digital currencies like the eco-friendly Ven are demonstrating that a bit of knowledge...
The Fed Starts to Taper – But Who Benefits?
A king’s throne is strengthened by clemency, King Solomon tells us in Proverbs 20:21, so that the whole country benefits by gestures of support from the top. Though there’s no throne involved, the Federal Reserve’s massive stimulus plan reflects the same intent. And now, with its recent decision...
SS 38 – “The Global War on Christians” with John Allen Jr.
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John L. Allen, Jr. is the...
What To Do When A Bank Says No
One of the essential principles of prosperous living, as King Solomon tells us in his Proverbs is equity – dealing fairly and evenhandedly with others. But in the complex and confusing world of mortgage lending today, equity seems nowhere to be found, as lenders accept – or deny - loan applicants...
The Bitcoinvention Opens Doors in Asian Markets
King Solomon’s words on wisdom and prudent living stress that governments and the wealthy should deal fairly with the poor. “Do not oppress the needy at the gate,” he says in Proverbs 22:22. In today’s financial world, advocates of the Bitcoin hope the upcoming Bitcoinvention in Manila will open...
Are Bitcoins the Folly of Fools?
King Solomon’s Proverbs stress the importance of wisdom and prudence over folly and recklessness. The crown of the wise is their riches, “ he says in Proverbs 14:24, “The folly of fools, imprudence.” Now, as the Bit coin continues to make financial headlines for its growing acceptance around...