All Posts Tagged With: "mortgage"
It’s Full Steam Ahead For Wells Fargo (NYSE: WFC)
While other banks are still trying to dig themselves out of a hole from effects of the financial crisis, Wells Fargo (NYSE: WFC) is off and running. The fourth largest lender is the country has been viewed by analyst as the top commercial bank in terms of assets. Wells Fargo came in second only to [...]
Wells Fargo (NYSE: WFC) Continues To Struggle Satisfying Homeowners With Make Home Affordable Program
Homeowners that have a Wells Fargo or Wachovia home loan are only a small section of homeowners that have had difficulty meeting their monthly mortgage payments in these tough economic times. As a result, many of these homeowners have pursued trial modifications on their home loans to help them find a more permanent solution to [...]
Citigroup (NYSE: C) Cancels Home Loan Trial Modifications
Homeowners still struggling to make mortgage payments are facing even more trouble as more home loan trial modifications are being canceled. According to a report from the Making Home Affordable program show that in July 2010, trial loan modification cancellations among Citigroup’s (NYSE: C) customers are on the increasing. 77,502 homeowners have had their trial [...]
Bank of America (NYSE: BAC) Forgives Home Mortgage Debt
Bank of America (NYSE: BAC) is making mortgage exceptions for around 45,000 homeowners in an effort to avoid foreclosures. If all homeowners offered the forgiveness and each made their reduced monthly payments over the next five years – the amount Bank of America forgives could total $3 billion. The mortgage principal forgiveness is being offered [...]
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 [...]
5 Ways to Save Cash for a Down Payment
Buying a home is one of the biggest financial decisions a consumer can make. With the increasing difficulties the home sales industry is now facing, most lenders will require a down payment of some kind, in order to qualify for a home loan. It wasn’t that long ago when lenders were more comfortable with the [...]
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 ...