Why Invest in a Depreciating Asset?
Many people balk at putting money into their homes in the current situation. Home prices and values are falling, and equity loans for home improvements are all but impossible to get. With falling values, few people have any equity left.
No one can blame homeowners for [...]
Friday, November 20th, 2009 by
Sarah Eicher
Your payday loan source keeps you up-to-date on financial news.
History tries to repeat itself
The Federal Housing Authority says it doesn’t have the resources to police predatory lenders. Officials from the Department of Housing and Urban Development say the FHA needs more staff, better technology and added legal authority if it [...]
Tuesday, January 13th, 2009 by
Elizabeth Fairchild
Tags:
appraisers,
federal housing authority,
FHA,
home prices,
home values,
housing crisis,
HUD,
mortgage crisis,
payday loan,
property taxes,
TARP