Posted in Mortgage Reduction, Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 12th, 2009 No Comments »
If you have bad credit and are looking into a home mortgage refinance, you may be wondering if you will have problems finding a lender who will work with you. For the most part, depending on your situation, you will most likely be able to find a lender willing to assist you in a refinance.
Do [...]
Posted in Mortgage Reduction, Res. Mortgage Loan Refinancing, Residential Mortgages on Jul 1st, 2008 No Comments »
By Kai Wright
This article appeared in the July 14, 2008 edition of
The Nation. June 26, 2008
http://www.thenation.com/doc/20080714/wright
[Photo] CHRISTOPHER MARTIN George Mitchell and his daughter
Chandra Chavis in front of his home in Atlanta’s
Westwood neighborhood
Research support was provided by the Investigative Fund
of The Nation Institute.
George Mitchell’s wife, Lillian, took her last breath
in [...]
Posted in Credit Scores, Res. Mortgage Loan Refinancing, Residential Mortgages on Apr 3rd, 2008 No Comments »
Fannie Mae is setting new rules about what mortgages it will buy, including a credit score threshold for the first time.
The Washington, D.C.-based mortgage giant has told lenders it will no longer buy most loans made to borrowers who have credit scores below 580, nor will it buy loans that have been more than 60
Posted in Family-related, Mortgage Reduction, Real Estate Investing, Res. Mortgage Loan Refinancing, Residential Mortgages, Saving on Mar 26th, 2008 No Comments »
by Donnie Taylor
PBS INTERVIEW WITH MELVIN OLIVER
edited transcript
Sociologist Melvin Oliver is vice president of asset building and community development at the Ford Foundation and co-author of Black Wealth, White Wealth.
What inspired your studies of race and wealth?
When I went to UCLA it was the common experience of many African American faculty that they could not [...]
Posted in African Americans, Family-related, Res. Mortgage Loan Refinancing, Residential Mortgages on Mar 23rd, 2008 No Comments »
DIANE ABBOTT
Sunday, March 23, 2008
All over the world we are watching spellbound as the American economy goes through its turmoil. As major banks like Bear Stearns crash and Wall Street totters, we all know that our own economies will inevitably be affected. At the heart of the current financial mayhem are sub-prime mortgages. People who [...]
Posted in Credit Improvement, Res. Mortgage Loan Refinancing on Mar 17th, 2008 No Comments »
Published on Thursday, Mar 13, 2008
Renting instead of owning your home might seem like flushing money down the drain, but paying that expense and other bills on time can help you build credit if your current score doesn’t qualify you for a mortgage.
Fair Isaac & Co., the company that compiles [...]
Posted in Capital Gains, Foreclosure, Real Estate Taxes, Res. Mortgage Loan Refinancing, Residential Mortgages on Mar 4th, 2008 No Comments »
March 3, 2008 by azrealestate
As if homeowners facing an inability to continue
paying their mortgages didn’t have enough to worry
about, the final blow was owing a very big tax bill
after a foreclosure or short sale or other form of debt
reduction. Typically, this would be an unexpected
blow just when the borrower thought the worst of their
troubles was [...]
Posted in Capital Gains, Real Estate Taxes, Res. Mortgage Loan Refinancing, Tax Deductions, Tax Strategies, Tax Troubles, Tax-Breaks on Feb 28th, 2008 No Comments »
Thursday, February 28, 2008
Bill Evans Property taxes, interest rates, mortgage payments, repairs and living expenses can make home owning an expensive endeavor. Thankfully, there are many tax deductions that can make the experience more affordable.
Knowing the facts about these deductions will enable you to [...]
Posted in African Americans, Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 29th, 2008 No Comments »
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By Nisa Islam Muhammad
Staff Writer
Updated Jan 28, 2008, 11:06 pm
Email this article
Printable [...]
Posted in Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 24th, 2008 No Comments »
Subprime Mortgage Crisis Causing African-Americans… Greatest Loss of Wealth
The ongoing sub-prime crisis is having a devastating impact on all Americans, as the ripple effect runs through the finance industry and ultimately has helped to fuel an impending recession. Just today, the Federal Reserve Bank lowered its federal funds rate [...]
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