05 July 2011
A new way of rating lenders could lead to higher mortgage rates for consumers in 2011. Two of the largest mortgage lenders in the United States, Fannie Mae and Freddie Mac, will be implementing a new rating system that may flag more consumers as potentially risky accounts, leading to higher interest rates. This new rating [...]
Posted in Home Equity Loan0 Comments
04 July 2011
About two dozen protesters recently stormed into a Wells Fargo bank in southern California demanding that the financial institution do more to stop foreclosures. The protesters want Wells Fargo to participate in a state-wide program called “Keep Your Home California.” This program, which is federally funded, allows banks to reduce the principal on a homeowner’s [...]
Posted in Home Equity Loan0 Comments
03 July 2011
While Georgia remains one of the states with the highest foreclosure rates, new data from Equifax is showing that homeowners in the southern state are fighting longer to keep their homes. The recent data also shows that “strategic defaults” – ones were borrowers simply walk away from their homes – are less likely in Georgia [...]
Posted in Bankruptcy, Home Equity Loan0 Comments
02 July 2011
The nonprofit organization American Debt Counseling, Inc. is offering free support to military families and veterans to help them get out of debt. As a way to give back to the servicemen and their families who sacrifice everything for our country, American Debt Counseling founder and CEO Alan Silverberg decided to waive all fees for [...]
Posted in Credit Cards0 Comments
01 July 2011
Both the Texas House and Texas Senate are looking to regulate the fees associated with payday loans in the state of Texas. When someone is in need of a quick loan, these payday loans can be really nice service. However, paying off one of these fast loans can be a nightmare for some people because [...]
Posted in Payday Loan0 Comments
29 June 2011
Everybody wishes they could have cheaper car insurance, but many people do not take the necessary steps to reduce their monthly payments. While you may think that finding the cheapest policy is the best way to save money on your car insurance, it can be a bad decision to sacrifice quality in the name of [...]
Posted in Car Insurance0 Comments
28 June 2011
According to a national survey released by the Mortgage Bankers Association, the number of homeowners who fell behind on their mortgage payments dropped in the last three months of 2010 bringing this rate to the lowest it has been since 2008. While this is considerably good news to what has been reported in the previous [...]
Posted in Home Equity Loan, News0 Comments
27 June 2011
A new technology designed by DecisionReady is geared towards helping default servicing professionals foreclose on properties without having to worry about the complicated state and federal foreclosure laws. This new technology will help these servicers make sure they are in compliance with all of the tricky foreclosure laws, making it much easier to foreclose on [...]
Posted in Home Equity Loan0 Comments
26 June 2011
Even though the worst of the housing crisis has appeared to have passed, foreclosure counseling agencies in central Illinois continue to see steady requests for assistance from troubled homeowners. To help these homeowners Springfield, IL will be hosting the 18th stop for a state Mortgage Relief Project that was enacted into law back in the [...]
Posted in Home Equity Loan0 Comments
25 June 2011
Online shopping continues to grow in popularity as consumers realize just how easy and convenient this form of shopping can be. Unfortunately, there are some hazards associated with online shopping, but with a little common sense and these helpful hints you can protect yourself from online thieves. Only shop on secured web sites – When [...]
Posted in Credit Cards0 Comments
