Fannie Mae & Freddie Mac Mortgages, Announcements & Scandals
With Fannie Mae and Freddie Mac, it’s akin to “two steps forward and one step back” as the agencies improve in some areas and deal with scandals in other areas.
IFR: Problems Grow, Lawsuit Next?
May 9, 2013
The disorganized and embarrassing known as IFR continues to fall apart as Rust Consulting admits to sending wrong checks out this week.
Good Payment Practices? Bank of America Rewards You
March 7, 2013
Bank of America has a new credit card offer, but with all of its bad publicity, is $100 a year for on time payments enough to turn the tide?
Your Credit Scores Used by Insurance Companies
February 21, 2013
That late credit card payment could cost you more than a late charge and higher credit card APR, it could be the reason you can’t get insurance.
Benefits and Pitfalls of Rapid Rescoring
January 15, 2013
Rapid rescoring is a tool mortgage brokers use to help consumers qualify for a home loan. It can’t be used, though, for credit card or student loan approvals.
Bridge Loans & 5 Reasons They’re Worthwhile
September 5, 2012
It’s no secret these days that Americans are struggling with the credit ratings. Many are rebuilding after a devastating few years, courtesy of the recession and others are recovering from job losses and foreclosures. Either way, you might can benefit …
What Really Happened in the 2008 Financial Crisis?
August 7, 2012
Rogue bankers, subprime mortgages and a series of events perfectly timed for disaster – these are all part of the reason for the recent recession, dubbed the worse since the Great Depression.