10.10.24 Safe Saving: An FDIC Update / The Risks Of Seller Financed Mortgages
Today, Clark has an update from the FDIC in the aftermath of the recent fintech meltdown, including the dangers of \u201cblended banking\u201d\xa0and how to spot fake savings account offers. Also - if you are in the market for a house, you may see offers for land contracts or seller financing. Know the downsides of alternative rent-to-own type mortgages\n\nProtections For Savers - An FDIC Update: Segment 1\n\nAsk Clark: Segment 2\n\nBeware Lease Purchase Type Home Offers: Segment 3\n\nAsk Clark: Segment 4\n\n\nMentioned on the show:\n\nThe FDIC Is From the Government and Really Is Here to Help\n\n17 of the Best High-Yield Online Savings Accounts in October 2024\n\nExperian Insurance Marketplace\n\nNYTimes: A Mortgage Alternative for Lower-Priced Homes Comes With Risks\n\nNYTimes: Consumer Agency Cracks Down on Seller-Financed Home Sales\n\n\nClark.com resources\n\nEpisode transcripts\n\nCommunity.Clark.com\n\nClark.com daily money newsletter\n\n\nConsumer Action Center Free Helpline: 636-492-5275\n\n\nLearn more about your ad choices: megaphone.fm/adchoices\nLearn more about your ad choices. Visit megaphone.fm/adchoices