Financial services


Prop. 103 author talks about California car insurance rates

Does California have one of the highest car insurance rates in the nation? One study says yes. However, Prop. 103 author Harvey Rosenfield tells Money 101 host Bob McCormick the stats in that report are flawed and that the real numbers may surprise you.


BofA Short Sale department phone number

For listeners who want more information about Bank of America’s “Short Sale” department as mentioned on today’s Money 101 broadcast, the number is (866) 880-1232.  


US service firms grow at fastest pace in 6 months

WASHINGTON (AP) – U.S. service companies, which employ nearly 90 percent of the work force, grew in September at the fastest pace since March, driven by more activity and an increase in new orders. The […]


Bank cyber-attack warning

  UNDATED (AP) – There’s a warning today about possible cyber-attacks on banks. A financial services security group says it has raised its threat level to “high” based on what it describes as “recent credible […]


US service firms grew at faster pace in August

WASHINGTON (AP) – U.S. service companies grew at a faster pace in August than July, further evidence that the economy may be improving. The Institute for Supply Management says that its index of non-manufacturing activity […]


Empty nester help for finances (audio)

How far in advance do you have to plan before the kids are out of the house? Personal wealth advisor Irvin Schorsch, founder and president of Pennsylvania Capital Management explains in this discussion with KFWB’s […]


Why you shouldn't pay down your mortgage faster

By Jonathan Fahey, AP Business Writer The impulse to pay off your mortgage more quickly than you need to is understandable, especially these days. Interest rates are near historic lows, so it’s possible to replace […]




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