All Posts Tagged With: "lenders"
5 Pieces of Information You’ll Want from Your Lender
Whether you are committing to a large home loan or a smaller personal loan, there are things you should do in both scenarios. Any loan comes with terms and conditions and you should have a clear understanding of the details in the fine print well before you sign your name on the dotted line. If [...]
Bank of America (NYSE: BAC) Leaks Suggest Fraud and More
Bank of America (NYSE: BAC) is getting ready for the fallout after WikiLeaks claimed to have access to an executive’s hard drive. But just when the bank thought they had heard the worst, an independent source has claimed they have emails from Balboa Insurance, a division of the bank that was sold to Australia’s QBE [...]
Wells Fargo (NYSE: WFC) Is Helping CA Home Owners Through Loan Modifications
This Week Wells Fargo (NYSE: WFC) agreed to pay out over $2 billion to help California homeowners who have home loans that are currently held by their bank. 15,000 home owners whose mortgages originated with either World Savings or Wachovia will be offered loan modifications sometime over the next three years to help them make [...]
Bank of America (NYSE: BAC) Reevaluating Loan Modification for Hispanic Customers
A former employee of Bank of America (NYSE: BAC) has spoken out about concerns the bank did not properly assist Spanish-speaking customers during mortgage loan modification procedures. The employee speaking out now works for a real estate agent. Part of her responsibilities relates to short sales for homeowners who have loans through Bank of America. [...]
Citigroup (NYSE: C) Successful in Modification Program
Among the lenders who are offering homeowners a home modification program, Citigroup (NYSE: C) is being cited as one of the more successful lenders. According to the latest report from the Making Home Affordable program, Citigroup has made modifications for half of their eligible customers in the form of a permanent or trial basis. The [...]
New Homes: A Better Deal than Foreclosures?
This is a guest post by Lee Fink. Lee is currently studying at the College of Southern Nevada with a major in Journalism. She hopes to pursue a career in editing. During the housing bubble, many people bought up houses at ridiculously low prices. They would then turn around and sell these homes for much [...]
Can’t Afford Your Car Note? Prevent Repossession Now
Like with most debt, the worst thing you can do to yourself and your credit score is to ignore it. There are some things you can ignore and they just go away. Debt is not one of those things. Even ignoring it for a little while likely means it will double your trouble. With interest [...]
Tips for Qualifying for a Mortgage
Today’s mortgage lenders are a lot tougher than they used to be and if you are looking to qualify for a new mortgage or a refinancing deal on your mortgage, you may find that you have to do much more work to qualify for the financing. Many people, especially the first time home buyer may [...]
Personal Loans: Should You Borrow Money from People You Know?
There is no bigger potential for a family rift than borrowing money from a relative or even a friend. If you find you are in a financial crisis and decide to ask for help from a loved one, there are ways to make it legitimate and hopefully pain free. You can not jut take it [...]
What Mortgage Lenders Look For
Obviously, potential mortgage lenders look at your income for the last two years and your credit score when determining if you are “home loan-worthy.” However, income can now be “stated,” and bad credit does not mean you will be unworthy in getting a loan. Bad Credit is just as attractive to many lenders as good [...]
I agree. If a local business is the one offering the sale price I will buy it from them. ...
We are retired and live on a grocery budget of $200 a month for 2 people in the Midwest. That ...