Take Action Against Mortgage Foreclosure

A lot of people have a problem with stopping the mortgage foreclosure that is put on their house. They will be frustrated and confused because of it and they will have a tough time understanding how to stop it. There are plenty of ways you can put a stop to mortgage foreclosure, but time is usually a problem. You should move as quickly as possible if you need to stop a mortgage foreclosure. As soon... [Read more]

Making Money With Green Building

If you pay attention to details, plan ahead and don’t make any costly mistakes, you can make money from green building. A contract that is well written is the biggest form of protection you can have as a builder. In that contract, everything should be outlined properly, both what you are responsible for and what the end purpose is. Talk about all the green parts with the owner, contractor and the... [Read more]

Determining Mortage Rates

Since mortgage rates are influenced by a lot of things, it’s only natural that they’re changing on a frequent basis. If you want to find the best rate for your situation, you should learn about the factors that will determine rate changes. Understanding the effect of your financial situation on the mortgage rate is one of the things you should learn. If you will ask the questions that you should... [Read more]

Credit Repair Services, Improving Credit

As a youngster in school, I was a dreamer. I was successful in academics and sports, I thought my future was solid and bright. It was then in my early 20’s, I got the wind knocked out of me financially, and due to unplanned and extensive medical expenses, I experienced real debt, first-hand. Rebuilding credit was essential because without improving my credit, I was going nowhere fast. The great... [Read more]

Financial Infidelity.

When one spouse overspends family money without the other’s knowledge or lies about spending, it’s considered financial infidelity. This is a financial deception that can destroy your credit and relationship. According to a 2005 HarrisInteractive Poll 29% of spouses admitted lying to their partner about finances. Interestingly, the survey showed that 1 in 4 spouses said openness about... [Read more]

Magnolia Insurance Co. Stripped of Financial Rating by Demotech

A provider of homeowners insurance in Florida has been stripped of its financial rating by one of the leading rating firms in the country, according to Insurance Journal. Coconut Grove-based insurance agency Magnolia Insurance Co. has lost its rating after failing to come to an agreement with Demotech, Inc. over implementation of a new business plan with key changes. Magnolia began doing business in... [Read more]

Your Spouse’s Bad Credit

You may marry for better or for worse, but if your future spouse has a poor credit history it can hurt your credit score. One way you can avoid having your partner’s poor financial standing taint your credit score is by choosing not to combine credit. For example, you can apply for credit or loans separately, that way your spouse’s bad credit will not affect your interest rate or ability... [Read more]

Three Steps for Deciding How Much Home Insurance You Need

Most people know the importance of getting insurance for the home. However, many people might not know just how much insurance they need to get in order to make themselves safe. This can seem like a truly baffling mystery to some, and might even dissuade some people from committing to purchasing home insurance. There are three main factors that people should consider when setting the amount of coverage... [Read more]

FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees (RISMedia Real Estate News)

RISMEDIA, February 9, 2010—The Federal Trade Commission (FTC) moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services. Instead,… Read the original here:  FTC Proposes Rule That Would Bar Mortgage Relief Companies from Charging Up-Front Fees... [Read more]

State sues Woodridge mortgage company over deceptive marketing (Daily Herald)

Attorney General Lisa Madigan filed lawsuits against two mortgage brokers, accusing them of using unfair and deceptive marketing practices to solicit seniors for reverse mortgages. Here is the original post: State sues Woodridge mortgage company over deceptive marketing (Daily Herald)  Read More →

State Street to Pay Mortgage Securities Investors $300 Million (BankTech)

Firm settles with the SEC over charges it misled investors about subprime mortgage investments. Read the original:  State Street to Pay Mortgage Securities Investors $300 Million (BankTech)  Read More →

Mortgage group has mortgage trouble (St. Louis Post-Dispatch)

If there’s any group that should be wise to the dangers of too much debt, it’s the Mortgage Bankers Association. The Wall Street Journal reports today, however, that the association took a big loss on the sale of its office building. View original here:  Mortgage group has mortgage trouble (St. Louis Post-Dispatch)  Read More →

MNB to support forint mortgage lending with bond purchases up to HUF 100 billion (Budapest Business Journal)

The National Bank of Hungary (MNB) on Monday announced a program to support growth on the forint-denominated mortgage loan and mortgage bond market through bond purchases up to HUF 100 billion and regulatory initiatives based on a decision by rate-setters. Read the original:  MNB to support forint mortgage lending with bond purchases up to HUF 100 billion (Budapest Business Journal)  Read More →