Images by GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways You can get home equity loans on investment and rental properties, though they may be harder to obtain. To get this type of loan, you’ll usually…

Bank of America CEO Brian Moynihan on Monday sent a letter to shareholders along with the firm’s annual report that detailed the bank’s history and its role in America’s growth as the nation prepares to celebrate the 250th anniversary of the country’s founding. Moynihan noted that Bank of America’s oldest…

Assignment of benefits agreement (AOB): Allows a homeowner to transfer their insurance claim rights to a contractor or repair company, giving that third party the authority to negotiate with the insurer and collect payment directly. Actual cash value (ACV): The value of damaged property at the time of loss after…

Key takeaways Home equity loans can be obtained from various lenders such as banks, credit unions, mortgage lenders and online-only lenders. The best home equity lender for you is likely the one that offers you the best competitive rates and loan terms or one you already have a strong relationship…

United Airlines is slashing flights as soaring fuel prices tied to the Iran war hit U.S. carriers, becoming the first major U.S. airline to announce a cut to capacity after weeks of industry warnings. United CEO Scott Kirby said in a staff memo released Friday that the airline will cut…