50 Financial Skills Every Person Needs To Know

Popular Mechanics created a list of 100 Skills Every man Should Know, ... using ABA Routing and bank account numbers. Request and review your free annual credit report. Contest errors or inaccuracies on your credit history. Apply for a loan (car loan, mortgage). Get a bank [more...]

Date: 2008-10-27 11:00:10

Blog posts (27) | Videos (48)
 

How To Select The Right Mortgage Lender

Finding the perfect mortgage broker may not be easy, but it is very important. This article discloses tips on how to select a mortgage broker ... . What should I expect at the office? After you have your credit report in good credit repair ... banks, online banks, credit unions, savings and loan associations and specialty bokers. These types [more...]

Date: 2008-12-01 10:27:06

Suze Orman Financial Video - Bank Collapse

Rick Sanchez from CNN talks with personal finance guru Suze Orman about what happens when a bank collapses ... To You By Expert Debt Help - Informative Credit Repair, Credit Reports and Debt Solution. Advice on Home Loans? - Your Guide to Home Improvement, Home Loans and Mortgages. Best Life and Car Insurance [more...]

Date: 2008-10-06 04:16:26

Delinquent Loans Impacting Credit Unions

On July 23, Marketwatch reported: Despite instability in the mortgage-banking arena, ... first-half loss stemming from delinquent auto, credit-card and home-equity loans. The Phoenix-based ... America’s credit unions remain strong and safe for homeowners seeking solutions to their woes [more...]

Date: 2008-07-28 12:57:41

Bonita Springs Florida Monday Mortgage Report 04-27-2009

Mortgage Rates Hit 5 Year High This week it is projected that mortgage rates will reach a 5 year record high.  Thanks to declining markets, credit lending guidelines tightening down, banks going out of business or merging to avoid bankruptcy, and many other economic factors, potential homeowners will now be facing an even more difficult time in trying to qualify for a new home due to the sharp an sudden increase in mortgage loan interest rates. [more...]

Date: 2009-04-27 13:42:00

Bank Bailout Puts Taxpayers At Risk

ABC News' Betsy Stark reports: It all feels less frantic than the government's rescue of the financial system a couple of months ago -- and we can ... , it is reasonable to expect more loan defaults on everything from mortgages to credit cards. And if banks ... these bad assets that are draining bank reserves and investor confidence. In other words, [more...]

Date: 2009-01-16 19:01:22

Kings Bay Saint Marys & Kingsland Georgia Real Estate - Getting a Home Loan with Damaged Credit

So, you have made the decision that you would like to become a homeowner. As lenders, we have to perform a credit check ... to repair the credit. How much does this cost? Nothing,provided you get your mortgage through ... . The credit we review are provided by all three reporting agencies. Equifax, Experian [more...]

Date: 2008-12-14 08:54:12

Bailout Nation: "If we bail out Detroit, where do we stop?"

The unprecedented government takeover of Fannie Mae and Freddie Mac has ushered in a new era of government intervention in corporate ... is a bad credit risk -- the corporate equivalent of a subprime borrower looking for a huge mortgage ... billion in low-interest loans, the L.A. Times reports. There are also whispers on Wall Street [more...]

Date: 2008-09-11 00:30:25

Time to Get Your Bailout…The ‘Gimme Mine Coalition’

2% Interest Only 5-year loans available again?!? Yes, but beware. -Home Owners and Mortgage professionals, this one is for you ... to do that.  You can even negotiate into the modification a better reporting of this event to the credit reporting ... , they had to refi through FHA and carry a silent second for the principal balance reduction needed [more...]

Date: 2008-10-07 21:46:43

N.J. man learns modifying mortgage to cut payments may impair credit rating

by Moe Bedard on September 29, 2009 · 0 commentsin American Nightmare To confuse consumers even more, not all lenders follow the guidelines.That may change on November 1, when lenders can use a new code to report them as a “loan modification under government program.” The code will clarify which borrowers have taken modifications, but because the modification process itself is not streamlined, it won’t be the only worm squiggling out of the can.The bigger impact on credit scores may depend on how [more...]

Date: 2009-09-29 13:48:05

FHA Mortgage Lenders

Applying for a home loan for first time mortgage borrowers can be a daunting and treacherous task ... from a lender to a FHA. If we have bad credit, no credit, or simply not sufficient income to put ... . An alphabet soup family of difference is used: FHA, HUD, VA, and some-more can report a loan [more...]

Date: 2009-01-14 13:31:28

Taking Home Mortgage Loans

by John Bear If you are looking to refinance your current mortgage, there are several options available for you ... refinancing would involve taking a new mortgage, mortgage companies require you to present various ... that an applicant wouldn’t just do anything bad to tarnish their perfect credit report. So they approve a no doc [more...]

Date: 2009-01-02 16:59:45

Mortgage Market Week in Review

Well, here we are on Friday again. Are you getting motion sickness from all of the news and rumors that are flying back and forth? ... credit, but at least good credit, 3) sufficient verifiable income to support the loan request ... about today: The Bailout/Rescue Plan, some very weak economic reports, the credit markets and do bankers [more...]

Date: 2008-10-03 18:26:32

FHA Streamline Refinance: Some Changes Effective January 1, 2009

This site is primarily focused on providing information for originators of FHA loans, ... unless the house has lead paint. FHA does not require a credit report, but some lenders may require ... history for the last 12 months (or the length of time the mortgage has been held). HUD’s Credit Alert [more...]

Date: 2008-12-15 17:40:38

Did Racism Help Cause the Mortgage Crisis? The Bubble Bursts

Carter Glass copyright © 2008 Ralph Brauer. The Strange Death of Liberal America In 1997 the FDIC published an imaginary interview with Carter ... up in that position because they could not have qualified for other loans. Yet data from a 2002 Fannie Mae report dispels this notion. It found: Credit quality alone therefore does not fully explain [more...]

Date: 2008-12-23 03:29:43

Mortgage Refinancing Rates

by Ray Lam If you are a homeowner in the process of refinancing your mortgage, proper comparison shopping can save you thousands of dollars ... quotes so the lenders do not access your credit reports until you are ready to submit the application ... have several loan options. Usually, homeowners refinance to lock in a low fixed rate. This way [more...]

Date: 2008-07-21 11:04:19

3rd Wave of Foreclosure Hits The Jobless

People With Traditional Mortgages Who Have Lost Their Jobs Are Now Facing Foreclosure (CBS) ... up. With a government job, good credit, and a 30 year fixed rate loan on her southern California house, Judy ... swept up are not greedy investors, or people who got in over their heads with bad loans, reports CBS [more...]

Date: 2008-11-29 06:00:20

Deciding You Don't Want A Particular Mortgage Loan

I have questions to ask you about the loan for house ... three days of the date she ran your credit report, not to mention the Truth In Lending Advisory [more...]

Date: 2009-01-06 14:49:52

Housing in O.C. beach towns slumps, sales off 28%

Analysis of MDA DataQuick’s November report shows the county’s beach-close communities are clearly being challenged by a credit crunch and a ... rents? 30-year mortgage at 37-year low CA banks drop protection against bad loans Mortgage aid scheme a failure Bad house, car debts mount in O.C. [more...]

Date: 2008-12-22 08:24:51

Posts about Mortgage Market Report as of January 17, 2009

5 Real Estate Investing Tips - ratboy.blogsome.com 01/17/2009 Real estate investors face many new challenges in today’s real estate market … is not ... Personal loans have been accessible for an accumulation of uses … impact on your credit report [more...]

Date: 2009-01-17 12:17:37

Fed Research Sheds Light On Reluctance Of Subprime Lenders To Modify Loans

I came across a research paper published by the Boston Federal Reserve Bank where the researchers looked into among other things a mathematical ... in mountains of cash thawed a “frozen” credit market. So are we stuck with the alternative…do nothing ... the differences. Enter this new report… Subprime Mortgages, Foreclosures, and Urban Neighborhoods [more...]

Date: 2009-01-17 16:45:16

Mortgage Rates following a Dismal Jobs Report

This mornings Jobs Report was ugly. 240,000 non-farm jobs lost in October (higher than the expected 200,000) and unemployment at 6.5% ... with a sales price of $500,000 and a loan amount of $400,000. Rates are priced based on a low-mid credit score ... . Equally bad are the revisions to August and September's figures reflecting additional losses [more...]

Date: 2008-11-07 16:48:53

Get a Mortgage on a New Home in Florida with 2% down! By Geniusofdespair

.fullpost{display:inline;}An Eye on Miami Investigative Report: Lennar and Shoma New Homes can be purchased with less than 2% down! ... credit scores still getting you a mortgage, we noted that a recent call to Lennar had yielded news ... , you can advertise your homes as having downpayment assistance available.” Loan Guy said of the program [more...]

Date: 2008-10-31 20:39:00

MortgageNewsClips: Today’s Must Read, Jumbos and CBs, Should Not Be, Net Worth, CRA Idiocy, Chicago Hi-Rise, Reworked at IndyMac, 4 Loan Limit, Caroline Baum, Buy or Sell?, Ira has 5

Today’s Must Read - The Future Of Residential Mortgages - Maybe - … The premise I’m starting with is that we really don’t ... with that Credit Default Swap?; Oil Does a Strange Contango Dance; The Tragedy of Bernie Madoff - John Mauldin’s Weekly E-Letter  ———— latimes Fed report on Americans’ net worth is a painful [more...]

Date: 2008-12-16 00:26:17

When You Are Eligible For A Free Credit Report

By Federal law, you are entitled to one free credit report per year directly from a credit-reporting agency only if you certify that: 1 ... to know, whether you need a new credit card, an auto loan, or a mortgage. Lenders use your credit scores ... to obtain the best rates. Bad credit costs thousands of dollars! About The Author Virginia Broobin [more...]

Date: 2008-12-27 07:59:27

New Year, Better Credit Score: Post 3

stockxpertcom_id12723501_size0-743295.jpg So FICO has branded you with a not-so-desirable credit score and you have made the resolution to bring ... month.  Remember also, not all debt is bad.  Items like mortgages and car loans on your credit report ... and see if they will take the late payment off so it doesn’t show up on your credit report [more...]

Date: 2009-01-10 15:55:57

Suze Orman Financial Video - Women and Money

Why is it that women, who are so competent in all other areas of their lives, cannot find the same competence when it comes to matters of money? ... . This Post Was Brought To You By Expert Debt Help - Informative Credit Repair, Credit Reports and Debt Solution. Advice on Home Loans? - Your Guide to Home Improvement, Home Loans and Mortgages. [more...]

Date: 2008-10-13 05:17:23

27 Results