Father's Day: In Honor of Dads and Decades - 06/20/10 03:57 PM
And so I am...the lucky one. First born means you have known your father longer than any of your brothers or your sisters. You have watched his life unfold:
in his twenties...... (freshly graduated from college, joining the corporate world)
in his thirties....(driven to rise the corporate ladder, travelling the world "on business")
in his forties....(2 teenagers and 2 toodlers and disllusioned with corporate life)
in his fifties....(re-invents himself to somebody thinner, healthier, and becomes a real estate investor)
in his sixties....(begins second career as business broker)
in his seventies...(working from home as consultant to business owners, giving and going to seminars)
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Double Jeopardy! Now Lenders Need A Second Credit Report Right Before Funding - 06/02/10 03:45 PM
Please, whatever you do, don't go out and put $8000 worth of kitchen appliances on your Home Depot account BEFORE your loan closes.
I don't care if it is 0% financing and the payments don't start for 6 months. Just don't do it.
You may have your loan approval in your hot little hand. You may have signed your closing paperwork. But that bird is not going to fly anymore if you have added debt, all thanks to the new Fannie Mae Loan Quality Initiative that took effect yesterday, 6/1/2010.
Lenders are now required to run a second credit check right before the loan funds to make … (65 comments)