A recently released Federal Reserve report indicates that more people are borrowing money, but fewer of them are doing so with credit cards.
Monday, March 7th, 2011 by
By Peter Stone
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
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
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.
Federal mortgage modification programs are coming under fire for not working. Congressional Republicans want to cut them and save $38 billion.
Friday, February 25th, 2011 by
By Peter Stone
The number of home sales rose during January, but home values have been falling for some time. The low prices likely contributed to sales.
Wednesday, February 23rd, 2011 by
By Peter Stone
The nations' largest banks, increasingly coming under fire from legislation curbing excessive fees, may start limiting debit card usage.
Friday, February 18th, 2011 by
By Peter Stone
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.
The real estate industry has some reason to celebrate, as mortgage delinquencies have declined. However, foreclosures are still rising.
Thursday, February 17th, 2011 by
By Peter Stone
As home prices have continually fallen during the recession, it is estimated that 27 percent of homeowners are under water on their mortgages.
Thursday, February 10th, 2011 by
By Peter Stone
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
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
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
Neil Barofsky, the man in charge of overseeing the bailout programs, recently labeled the mortgage modification program complete failure.
Thursday, January 27th, 2011 by
By Peter Stone
One sub prime mortgage lender has lost its bid to destroy thousands of original loan documents. This ruling does not apply to all lenders, though.
Wednesday, January 26th, 2011 by
By Mary Rice
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
The rising cost of tuition, coupled with fewer decent jobs at graduation, leads to the higher rate of default on personal loans by students.
Monday, January 24th, 2011 by
By Peter Stone
The nation's largest loan lenders may settle with the probe into "robo signing" by a commission of all 50 state attorneys general.
Tuesday, January 4th, 2011 by
By Peter Stone
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
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.
The number of people under water on the bank loans they used to purchase homes has declined, but that's partly because of foreclosures.
Thursday, December 16th, 2010 by
By Peter Stone
A way to bypass the middlemen at the bank is to look into peer to peer loan lenders. People who qualify can get loans at below bank rates...
Tuesday, December 14th, 2010 by
By Peter Stone
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