Recent Articles
Post-Mortgage Meltdown, Where Do We Go Now?
For more than 20 years, the mantra in Washington has been “more, not less” when it comes to Fannie Mae, Freddie Mac and the expansion of homeownership.
Loan modifications trials go down
Lenders and loan servicers last month reduced the number of loan modification trials that were at least six months old, going from 166,000 to 118,000, according to the latest update on the federal program for distressed homeowners.
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Nearly 50 percent leave Obama mortgage-aid program
Nearly half of the homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out.
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New Gift Card Rules Protect You Better
Federal rules designed to help gift card holders go into effect Sunday. They regulate expiration dates and offer more of a shield from hidden fees.
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America’s favorite credit card: AmEx
American Express is the credit card issuer of choice for the fourth year in a row, a report released Thursday showed.
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Store-Brand Credit Cards Boom
The private-label corner of the U.S. credit-card market is enjoying a resurgence as fewer Americans fall behind on their payments.
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Mortgage Rates Continue to Make Record Lows: 30 Year Mortgage Rates at 4.42%, 15 Year Mortgage Rates at 3.90%
Mortgage rates continue to inch down making new record lows. The ninth consecutive week 30 year mortgage rates have hit a record low in the most recent mortgage survey released yesterday morning.
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HOPE NOW reports nearly one million permanent mods completed to date in 2010
HOPE NOW, the private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors estimates the industry has completed about 975,000 permanent loan modifications so far in 2010.
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Credit card companies and new tricks that could cost you
Credit card companies are doing their best to find new ways to profit in the wake of the new credit card laws.
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How closing credit cards lowers credit scores
Closing credit cards down can seem like a good idea when trying to keep finances in order. However closing credit cards can lower ones credit score and isn’t necessarily a good practice.
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New York Creates Borrowers’ Bill of Rights
Just how much trouble are mortgage borrowers having with their loan servicers? These are the companies that send the monthly bills, foreclose when the payments don’t come…
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