Strategic defaults starting to decline slightly
The number of people entering into strategic defaults, or walking away from a mortgage when advantageous to do so, is starting to decline.
Tuesday, May 31st, 2011 by By Peter Stone
Home prices drop as foreclosure rates soar
Home price index reports home prices down nationally by the largest margin since 28008, partially due to increased number of foreclosures.
Friday, May 27th, 2011 by By Ron Ford
Jumbo mortgage loans becoming harder to borrow
Jumbo loans, or mortgages for very high amounts, are becoming rarer as mortgage credit is tightening due to Freddie and Fannie requirements.
Friday, April 22nd, 2011 by By Peter Stone
How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
30-year fixed-rate mortgage tied to demise of Fannie and Freddie
The 30-year fixed-rate mortgage, which only exists because of mortgage insurers Fannie and Freddie, is likely to disappear along with them.
Thursday, March 10th, 2011 by By Thomas Hart
Applications for mortgage modifications spike with low rates
Mortgage applications have risen recently, though the spike was due to low interest rates spurring interest in mortgage modifications.
Wednesday, March 9th, 2011 by By Peter Stone
Fannie Mae and Freddie Mac limping back to profit
Troubled mortgage houses Fannie Mae and Freddie Mac are starting to turn around. They're still losing money, but they are losing a lot less.
Wednesday, March 2nd, 2011 by By Peter Stone
Facts About Installment Loans Everyone Should Know Before Applying Online
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
Americans losing faith in mortgage loans and real estate
Fewer people in the United States believe that real estate and homeownership are still the good investments they were once believed to be.
Monday, February 28th, 2011 by By Peter Stone
Possible end in sight for mortgage giants Fannie and Freddie
The Treasury Department will make some proposals soon about what to do with Fannie Mae and Freddie Mac, including letting them go under.
Wednesday, February 9th, 2011 by By Peter Stone
Fannie and Freddie raising mortgage loan lenders risk fees
Fannie Mae and Freddie Mac are raising risk fees for mortgage loan lenders, making it that much harder for Americans to purchase homes.
Wednesday, February 2nd, 2011 by By Peter Stone
How To Get A Cash Advance Without Providing Collateral or Submitting To A Credit Check
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
B of A buys bad guaranteed loans back from Fannie and Freddie
Bank of America has recently put aside some serious cash to compensate Freddie and Fannie for bad guaranteed loans B of A is responsible for.
Monday, January 3rd, 2011 by By Peter Stone
Administration: Principal reduction keeps foreclosures in check
The regulator for Fannie and Freddie won't let the agencies participate in principal reduction to stem a rising tide of underwater mortgages.
Friday, December 17th, 2010 by By Thomas Hart
Foreclosures halted by loan lenders for holidays
Typically, mortgage loan lenders halt all foreclosure activity throughout late December until after New Year's. This year is no exception.
Saturday, December 11th, 2010 by By Peter Stone
How Personal Loans Online Can Prevent Your FICO Credit Score From Going Down
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Bad bank loans to Fannie and Freddie not being bought back
Freddie and Fannie were sold bad mortgage assets, and those bad bank loans are supposed to be bought back. Not many are being repurchased.
Wednesday, September 15th, 2010 by By Peter Stone
MERS speeds mortgage process, yet raises serious concerns
MERS is a corporation whose electronic process streamlines mortgage paperwork. However, serious legal concerns may point to mortgage fraud…
Monday, September 13th, 2010 by By Steve Tarlow
Geithner orders Fannie and Freddie to change
Treasury Secretary Tim Geithner announced in a recent press conference that some changes, though unclear, are coming for Fannie and Freddie.
Tuesday, August 17th, 2010 by By Peter Stone
How To Use Short Term Loans To Get Through a Budget Crisis Wisely
Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.
Buy and Bail | Skipping out on guaranteed loans more common
More homeowners are purchasing a second home -- but they're doing it to secure lower payments before they skip out on their first mortgages.
Tuesday, August 10th, 2010 by By Mary Rice
You would be surprised at who needs guaranteed loans
It is surprising who needs guaranteed loans at one point or another. Ford Motor Company got guaranteed loans to help it through the recession.
Monday, August 9th, 2010 by By Peter Stone
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