credit: Credit Repair Forums - 02/18/08 09:26 PM
Most people that register at credit repair forums are looking to improve their credit. Improving your credit score can save you thousands of dollars annually in interest alone. If you visit a credit repair forum you will see what real people have accomplished on their own or with the help of … (2 comments)
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credit: FICO Tip of The Day........ - 02/18/08 03:19 PM
1. Payment history - what is your track record? 35 % of the score2. Amounts owed - how much is too much? 30% of the score 3. Length of credit history - how established is yours? 15% of the score4. New credit - are you taking on more debt? 10% of … (0 comments)
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credit: Free Credit Tip of The Day!!! - 02/18/08 10:27 AM
1. Payment history - what is your track record? 35 % of the scoreRisk predictors here look at:· Severity - how bad are the delinquencies?· Recency - how recent are they?· Frequency - how many times did it occur?2. Amounts owed - how much is too much? 30% of the score … (1 comments)
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credit: "We're in the money...." - 02/18/08 09:31 AM
Lately I've been humming a few of those depression era songs. They are so bright and positive - perfect for gloomy times. I am, by nature, a positive person. I remind myself that these tough economic times will pass, just as they did in the mid 1990s in Connecticut. The early … (1 comments)
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credit: FICO Score "Credit Tip of the Day" - 02/18/08 09:10 AM
Credit Tip of the day is on the FICO Score!
Your credit score is based off of 5 different areas:
35% Is your Payment Histroy
30% Is your Amounts Owed
15% Is Lenght of Credit History
10% Is new credit
10% Is types of credit in use.
If you are trying to help a customer quick you may … (4 comments)
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credit: 100% Financing with a 620 credit score is still available in GA - 02/18/08 07:15 AM
Wit qualified buyers not as aboundant as they used to be knowing the programs available helps. What other programs are you seeing on the market that can help buyers qualify? With a Fannie Mae My Community mortgage, there's 100% financing with reduced PMI and up to 6% seller-paid closing costs for borrowers with … (2 comments)
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credit: Credit Bureaus Exposed! - 02/18/08 03:29 AM
The credit bureaus love the fact that the average consumer knows very little about them. All consumers really know is that credit bureaus have major power and control over their financial lives. Would you agree that this is true? If so, why don’t we know more about them?
I don’t know … (2 comments)
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credit: Reality Check Ahead! - 02/17/08 06:30 PM
The REALITY of Realty Seminar Tour ...coming March 3rd 2008! ____________________________________________________________ YOU ARE INVITED To a 5 City Tour Across Metro Detroit for a Laid Back, Fun, Upbeat & Educational (non-sales) Seminar on Michigan Real Estate & Financing in Today's Michigan market focusing on what's really happening in Michigan right now … (0 comments)
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credit: Make Your Credit Scores the Best ! 5 Key Ways to Improve Your Credit Scores - 02/17/08 10:48 AM
5 KEY FACTORS TO CREDIT SCORING & HOW YOU CAN AVOID PAYING MORE FOR YOUR LOAN The model of credit scoring seeks the likelihood or the consumer being able to pay off a debt in a timely manner. Score range from 300 to 900. Most consumers have credit scores ranging from 400 … (2 comments)
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credit: Life After Bankruptcy, Mike Berrios - 02/16/08 01:51 PM
Rancho Cucamonga, Ca - Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your finances. Running a close second is the negative stigma which is often attached to the process. This negativity is important to mention because strong emotions can … (0 comments)
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credit: Common Credit Repair Scams & How to Avoid Them - 02/16/08 01:22 PM
There are many legitimate organizations that help consumers fix their credit, but others are just waiting to take advantage of those needing help. In today's world of easy credit, bad credit and heavy debts are not uncommon. For many people, debt and credit problems become unmanageable. If you are looking for … (2 comments)
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credit: The Good News about Divorce and Taxes - 02/15/08 05:15 PM
You're in the final stages of negotiating your divorce. The frequent refrain is, " I just want this over with". That's certainly understandable, but please don't be too hasty.
Have you considered the tax consequences of your choices? You need to consider not only the current year, but years into the future. … (0 comments)
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credit: Mortgage Referals - 02/15/08 03:42 PM
O.K. folks! I have signed up 12 people sent to me from mortgage officers today! Come on.....give em to me. Lets get these people fixed and in a house. Its Friday and I am ready to change someone's life! What mortgage officer out there needs some free help closing some customers? … (4 comments)
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credit: Owner financing opportunities - Could be bad credit history solution - 02/15/08 01:21 PM
I have been researching local properties for a couple of clients that have poor credit, but they do have some money for a down payment. They have a steady job, but can't find a way to finance the property. A professional that plays by the rules can help you. We get you set up in a … (1 comments)
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credit: I get this question "alot" on services! - 02/15/08 12:46 PM
Why would anyone use a credit repair company when they can do it themselves? Good question! Lets discuss this thinking.
Credit is absolutely necessary for most people to live the life they want. There are (and I know some of them) mortgage officers, loan officers, and real estate agents doing credit repair out of … (2 comments)
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credit: Credit Tip of the Day! - 02/15/08 09:30 AM
We have all heard people talking about authorized users on a credit report. Truth is it does not work anymore. It will not effect the score in a positive manor as it did in the past. The credit reporting agencies have revamped the scoring models so that an authorized user will not impact the … (2 comments)
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credit: How to Repair Bad Credit - 02/15/08 03:15 AM
No matter how bad your credit is, there are always steps you can take to make it better. Everyone’s situation is unique, so what might be the best thing for you right now, may not be the best thing for someone else. To repair bad credit, you must find a starting … (0 comments)
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credit: Check Your Credit Status - 02/14/08 08:20 AM
Have you checked your credit lately? Free credit reports once a yearIt's a good idea to check your credit report at least once a year. Each year you can get one free credit report from each of the three credit agencies through www.annualcreditreport.com .Credit reports and credit scoresEspecially if you are … (2 comments)
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credit: Associate Broker, Larry Morris of Real Estate One Michigan, has a Created a Unique System for Searching and Investing in Real Estate - 02/13/08 07:16 PM
New Features, Tools and Resources make this website convenient to use and informative to new home buyers and experienced investors Larry Morris, an associate broker with Real Estate One acknowledges Real Estate One for their services from their family of companies and sales results. He knows how to get a great buy … (0 comments)
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credit: How do you get someone else to pay your downpayment?----to buy a home! - 02/13/08 04:44 PM
1. Are you tired of paying your landlord every month so that he continues to build his assets and you have nothing to show for it other than a rent bill?2. Do you want to have a safe environment for your children to grow up in?3. Are you looking to become … (1 comments)
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credit: Please advise me on this: - 02/13/08 03:31 PM
I am employed in the credit repair industry. I have seen both sides of the fence. I have mortgage and loan officers that are calling me on a weekly basis to get their potential customers to me and I have talked to mortgage officers that run as fast as they can … (5 comments)
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credit: The Economic High Wire Act! - 02/13/08 03:13 PM
Hello from Cedar Rapids, Iowa. Welcome to the IowaMortgageGuy Blog! Glad to have you as a guest and hope to see you back again soon. Hope you find the information useful and informative.
It takes a lot of effort to keep our countries financial system balanced. Have you ever wondered how some … (0 comments)
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credit: TRIGGER LEADS FOR YOUR REAL ESTATE, MORTGAGE, CREDIT AND DEBT NEEDS - 02/13/08 12:30 PM
Trigger leads respond at least 4x greater than any other lead source that we have come across. You are getting a borrower or prospect that has inquired about the type of product that you are offering. The best part is it's a lot cheaper than what you pay for an "exclusive" … (0 comments)
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credit: How to Remove a Bankruptcy from Your Credit Report - 02/12/08 11:50 PM
A bankruptcy can have a devastating effect on your credit score. A bankruptcy listing on your credit reports to many lenders is the only thing they need to see to determine you are completely unworthy of credit.
Many people will tell you that it is impossible to remove a bankruptcy from … (7 comments)
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credit: Anyone remember the concept of home as nest egg? - 02/12/08 11:22 AM
My mother has always been a great saver. Having come through the depression as a child, she recalls a change in attitude and cultural mindset of the "rainy day" concept of saving. Homes were nest eggs for retirement or money to pass along to children. What has happened since then that we are all … (3 comments)
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credit: How to Remove Charge-offs from Your Credit Report - 02/12/08 01:20 AM
Creditors typically write off or charge off a debt if there has been no payment on the account for more than 180 days (6 months). This does not, however, mean that the person no longer owes the debt. A charge-off is an accounting procedure for tax purposes used by the creditor … (3 comments)
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credit: MARKETING MADE SIMPLE: OUR TURNKEY PROCESS CAN ASSIST YOUR GROWTH AND STABILITY - 02/11/08 06:15 PM
Our Leads continue to perform over numerous platforms and industries. We can offer you mortgage, debt and credit leads. These leads that we are offering have 4x the response ratio than any lead we have seen on the market!!! iDirect Marketing, Inc. is an INC 500 company with over 30 years … (0 comments)
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credit: Credit Repair – Your Rights Under the FCRA - 02/10/08 08:27 PM
The Fair Credit Reporting Act (FCRA) is a federal law that was originally passed by Congress in 1970 to promote accuracy, fairness, and the privacy of personal information assembled by Credit Reporting Agencies (CRAs). It was last amended in December of 2003.
The FCRA allows a consumer to challenge the information … (0 comments)
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credit: Bankruptcy, Foreclosure & rebuilding your credit - 02/10/08 06:03 AM
Rebuilding your credit after foreclosure or bankruptcy takes time and energy. If you have problems keeping up with your bills and think you are headed into foreclosure or bankruptcy now is the time to plan.
This is a simple explanation of some of the ways that the credit bureaus look at your … (18 comments)
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credit: 10 Ways to Accelerate your loan Process on a hard money loan - 02/10/08 02:01 AM
The hard money loan business has been around a long time, and while underwriters have a variety of comparatively new tools at their disposal (internet-related and otherwise), the basics remain largely unchanged. Master the fundamentals, come armed with the basics and the initial review process is a much faster, smoother one … (0 comments)
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credit: Need To Purchase A Home Call Me Today - 02/09/08 05:58 PM
If you looking to purchase a home please call me today.....if your credit score is a 551 we can still get you approved with 100% down payment......Hurry call me today!!!!!!
… (0 comments)
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credit: REALITY OF REALTY SEMINAR TOUR FOR FEBRUARY 2008 RELEASE - 02/09/08 05:12 PM
THE REALITY OF REALTY SEMINAR TOUR EDUCATING THE GENERAL PUBLIC ON WHAT'S REALLY GOING ON WITH MICHIGAN REAL ESTATE & FINANCING TODAY IN A FUN, LAID BACK, EDUCATIONAL ATMOSPHERE WHILE GIVING BACK TO LOCAL CHARITY: THE BOY'S & GIRLS CLUBS OF S.E. MI.This is going to be a monthly Seminar Series … (0 comments)
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credit: FICO Speeds Rollout of New Product to Meet Lender Demands - 02/09/08 11:35 AM
The credit scoring system is being tweaked again as Fair Isaac Corporation, developer of the FICO credit score rolls out a new model dubbed FICO 08.
The new product was originally announced back in June but was not due to be finalized for a while. A demand by users in the wake … (1 comments)
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credit: 8% of sub primes helped so far. How to get help. - 02/09/08 08:13 AM
545,000 families have received help so far with their sub prime mortgages to save them from foreclosure.A group of lenders (BofA, Citi, WAMU, Wells Fargo, and many more), investors and non profit groups call themselves "Hope Now". 150,000 of the families received permanent loan modifications and the balance of them renegotiated their … (4 comments)
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credit: How to get your rebate check for the stimulus plan - 02/09/08 08:05 AM
After you file a 1040 or 1040 EZ for 2007, your rebate check will be on its way. If you are not normally required to file a return, you need to file one to obtain the rebate.
You will receive your check in May if you file your 07 return by April … (8 comments)
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credit: FREE CREDIT ANALYZER! - 02/08/08 11:45 PM
Do You want to know what to do in order to increase your credit score 1-100 points?
Go To WWW.SOUTHWESTMORTGAGEPARTNERS.COM click 'CREDIT REPORTS' and get your INSTANT credit report and your FREE credit analyzer.
The credit Analyzer is a $25.00 value now FREE for a limited time only.
With the credit Analyzer you … (0 comments)
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credit: Are American citizens an economic experiment? - 02/08/08 01:15 PM
2/08/2008 Sand through the hour glass http://www.integrityrealty.net/ joel@joellawson.com
As a real estate broker experiencing the fallout of our subprime market, I have a few thoughts to share on what appears to me to be a draconian experiment.
I listened to the political pundits talk about our consumer driven economy. They talk about getting people … (0 comments)
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credit: 1st Step in buying a home - CHECK YOUR CREDIT! - 02/08/08 12:41 PM
Why do some people try to buy a home and do not have their credit checked untilthey find a home? Here is their mode of thinking as I see it. 1) They are afraidthat checking their own credit it because will lower their FICO score and theywon't be eligible for a … (0 comments)
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credit: How to Improve Your Credit Score - 02/06/08 05:54 PM
The best way to improve your credit score is to manage credit responsibly over time. Obviously the best way to do that is to pay your bills on time every month. It’s important to live below your means so that you have enough money every month to pay them. None of … (2 comments)
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credit: I need loan and mortgage officers and real estate agents! - 02/06/08 01:22 PM
I AM NOT SELLING LEADS!
RMCN does in the neighborhood of about 500 clients per month. 90% of the people in credit repair are looking to refinance or get into a new home. The other 10% just want better credit. We have a very aggressive advertising program and when we get … (4 comments)
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credit: How high can a customer expect a score to improve in credit repair? - 02/06/08 08:58 AM
Nobody can give you a number when you ask them how much a score should go up. Any company that does this is lying. There are alot of factors in credit scoring. Your revolving accounts need to stay under 30%. Anything over this will actually start dropping yoru score. How long … (1 comments)
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credit: Should I Hire a Credit Repair Company? - 02/05/08 10:28 PM
Unfortunately, many people who have bad credit don’t even know that hiring a credit repair company is an option. Just as unfortunate is the fact that many people who know that credit repair companies exist, think they are all scams. Many consumers also confuse them with credit counseling services and debt … (1 comments)
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credit: How do I know who to trust in credit repair? - 02/05/08 04:50 PM
This is an excellent question. It is a question that I am asked on a daily basis. The answer is don't trust anyone. Make a company earn your trust. Ask alot of questions. How long have they been in business? (ask for actual calendar years) How many employee's do they have on staff? … (2 comments)
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credit: How different loans can have different impact on your credit score? - 02/05/08 11:10 AM
Did you know that various loans and lender provide different values to credit? One lender from another can have a positive or negative impact on your credit. How do you know what lender are good and which ones are bad?
Limiting our credit to one type of loan can hurt our … (0 comments)
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credit: Fast Credit Repair - 02/04/08 05:08 PM
Most people with bad credit want to fix their credit fast. “What is the fastest way to repair my credit?” is one of the most common questions I get asked. As much as I would like to help them have your credit repaired by tomorrow, it’s just not going to happen. … (6 comments)
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credit: Short Sale Myths - 02/04/08 01:50 PM
Here are some Short Sale Myths
The banks won't do Short Sales. This used to be the case. At that time we had no need for them. Today things have are different. You see the bank has so much money that the Feds. give them to lend out and when the … (1 comments)
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credit: The #1 Mistake A Home Buyer Makes - 02/04/08 12:28 PM
Buying a home can be an exciting and challenging time. There is one big mistake that almost all homebuyers make that ends up costing them thousand of dollars.
The number one mistake that homebuyers make is not checking their credit before looking at any properties. If you want to save thousands of … (0 comments)
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credit: Credit Repair Myth - Closing Accounts - 02/04/08 11:16 AM
It amazes me how many mortgage brokers and loan officers are telling their clients and prospects conflicting information. I hope they know that by telling their clients this that they are in violation of RESPA. Of course having too many accounts that are open can afflict your score, but by opening … (3 comments)
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credit: Credit Misconception: Closing credit accounts will raise my score - 02/04/08 12:21 AM
Many consumers call us happy to say how they have great credit because they just closed all their credit cards. Little do they know they might just have plummeted their scores or the decrease their home buying options. First, the number of accounts open, the credit limits and your debt have … (2 comments)
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credit: Here we go again.....FICO & The New Credit Scoring Model - 02/02/08 11:25 PM
Back in June a new credit scoring model was announced, but the rollout date was not supposed to be finalized for sometime. It's looks like we are quickly approaching that time and here's what we know thus far.
1. Scores will still range from 300 to 850.
2. It will still take into … (8 comments)
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credit: Bad Credit Report Repair - 02/02/08 08:04 PM
Maybe your application for a credit car has been declined. Or maybe when you went to get a cell phone they told you that you’d need a $500 deposit. You’re not exactly sure how or why you have bad credit; all you know is that you have bad credit. Hopefully at … (3 comments)
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credit: Lexington Law Credit Repair - 02/01/08 02:05 PM
Lexington Law Firm is one of the most popular credit repair companies on the Internet. They have been in business for over 15 years and have helped over 300,000 clients repair their credit reports. Lexington Law works with clients to improve their credit reports legally and affordably.
Lexington Law is the … (2 comments)
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credit: Feds dropping the interest rates - 02/01/08 11:49 AM
Hello Evewrybody even though the Feds are dropping the interest rates to boost the economy if you do not have your credit up to par you still will be paying higher interest rates. Now you have to watch what is going on between the FICO scoring and the Vantage Scoring because … (0 comments)
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credit: Realtor Caught in Cash-Back-at-Closing's Crosshairs - 02/01/08 09:14 AM
Realtor Caught in Cash-Back-at-Closing's Crosshairs
by Ralph Roberts
According to Realtor Lori Polin, she was totally unaware that what she was involved with consisted of real estate and mortgage fraud. If ignorance of the law was an appropriate defense, she could be off the hook. Unfortunately it's not. According to a … (7 comments)
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credit: Recent Rate Cuts Help Stop Foreclosures in Progress - 01/31/08 05:45 PM
Negotiate with Lenders through a Foreclosure Mitigation Service to Save Your Home & Credit (Mesa, Arizona, USA) – The Federal Reserve drastically slashed interest rates recently, in an emergency move to rescue a troubled economy. The news means that millions of homeowners across the USA who face foreclosure … (0 comments)
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credit: Foreclosure-Short Sale-Bad Credit-Confused? - 01/31/08 05:40 PM
There are resources to help.If you're having trouble paying your mortgage it is often hard to figure out where to start to search for relief. There are government programs that are helpful. One program is called HOPE NOW. The program provides a non profit credit counselor for you to speak with. You … (0 comments)
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credit: Is My Ex Paying the Mortgage? - 01/31/08 04:31 PM
"How could this happen? My four children and I are going to be homeless!" This was a desperate call I received a few days before the holidays. Unfortunately, it wasn't the first time I had taken a call of this nature.
What options does a woman in this situation have? The final … (12 comments)
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credit: Prevent the Threat of Loan Denial! - 01/31/08 03:13 PM
It would be depressing for any buyer to see a picture like the one above.
It brings me pleasure to share with you what I provide to my clients. I provide this information to you after you are pre-approved for a mortgage and begin looking for a home. It's important you are aware of any threatening items … (3 comments)
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credit: 5 Credit Cards You Should Never Close - 01/31/08 01:11 PM
5 Credit Cards You Should Never Close
Many consumers close credit cards after becoming what seems like too delinquent to catch up. There seems to be the notion that closing cards makes delinquency go away. Not only is this not the case, closing out a delinquent credit card will hurt … (0 comments)
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credit: How to Remove Collections from Your Credit Report - 01/30/08 10:04 PM
Collection accounts are typically seriously past due accounts that have been assigned to an attorney or collection agency. A collection agency is usually hired after a company has made multiple attempts to collect money that they believe is owed to them. Collection accounts can remain on your credit report for 7 … (5 comments)
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credit: Which FICO? - 01/30/08 08:13 AM
FICO is an acronym for the Fair Isaac Company, but you knew that right? FICO was an independent company a long time ago. They developed the mathematics that reduces us all to mere numbers. It doesn't sound wonderful does it? Actually, being reduced to a number was a good … (5 comments)
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credit: Credit Misconception: Paying off a collection is always good - 01/29/08 08:50 PM
While paying off past debts may seem like a good thing, paying off collections can sometimes hurt your credit. Derogatory items such as collections and late payments stay on a credit report for 7 years (bankruptcies can stay on for 10 years). The date the account goes into collection or has … (0 comments)
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credit: Credit bureaus contacting my customers - 01/29/08 03:03 PM
Has anyone has past experience with trigger leads, whereby when you pull a customer's credit report that the credit bureaus...Equifax, TransUnion, and Experian, sell that info to other mortgage companies? I have heard of this happening, think it is wrong, and want to try to protect my customers privacy.
An associate of mine said … (8 comments)
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credit: Calling all South Jersey Realtors and mortgage brokers/bankers - 01/29/08 11:40 AM
Calling all South Jersey Realtors and Mortgage brokers!!! Are your first time homebuyers seminars working or are they dry? Do you know about the Vantage Scroing System and how it will affect both of your businesses? Would you like to increase your sales this year?Give me a call I am looking … (0 comments)
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credit: Calling all South Jersey Realtors and mortgage brokers/bankers - 01/29/08 11:40 AM
Calling all South Jersey Realtors and Mortgage brokers!!! Are your first time homebuyers seminars working or are they dry? Do you know about the Vantage Scroing System and how it will affect both of your businesses? Would you like to increase your sales this year?Give me a call I am looking … (0 comments)
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credit: Effective Steps to a Great Credit Score - 01/29/08 10:25 AM
I pull credit it is a part of my job and I hear all of the excuses on why people's credit is the way it is. Often times, I feel like a priest as people confess to me their financial woes. I think my disclosures notices are stronger than a priests at … (1 comments)
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credit: Sovereign-Wealth Funds: Savior or Menace? - 01/28/08 06:05 PM
In recent months, the sub-prime crisis has reached unforeseen heights, infiltrating banks and financial institutions worldwide and causing many to report multi-billion losses due to the risky investments going sour. While the underlying economy of the US appears to be relatively robust, and the dollar's continued weakness has made investment and … (0 comments)
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credit: Credit Challenges - How to Understand Where You Are - 01/28/08 08:06 AM
The first step toward leaving credit challenges behind is understanding where you are right now. Because your credit report is used by lenders to assess your finances, it's a good idea to review it yourself before hand. This gives you the chance to correct any errors and identify any continuing problems.
You … (1 comments)
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credit: No Cost loans and how they work - 01/27/08 05:26 PM
No cost loans are they for real? True No fee loans or true no cost loans are done by many mortgage brokers, banks, mortgage lenders. When you borrow money you usually have to pay appraisal fees, title insurance, title closing costs, bank processing fees, flood insurance checking. These fees add up to $1200 … (0 comments)
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credit: Tips for First-Time Buyers and Homeowners Going Through Divorce - 01/25/08 04:11 PM
By Elana Ashanti Jefferson, Denver Post Staff Writer
The Denver Post
April 4, 2007
A decade ago, veteran Colorado Realtor Joan Rogliano weathered a difficult divorce. The process illuminated for this longtime real estate agent the need for people in general to have access to honest, no-strings-attached information about real estate and finances.
That was the … (3 comments)
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credit: How Important is credit Now - 01/25/08 10:41 AM
Credit has started to play a very important role in our livesYou go to get a serious job they will want to run your credit , if you go to get insurance some of the insurance company's want to look at your credit before giving you insurance , car loans and of … (11 comments)
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credit: Looking for people who have challenged credit and wants legitimate help - 01/24/08 03:17 PM
I am looking for individuals who have bad credit and need our help before getting their mortgage and buying that house.
Please call me at 609-685-7474 or visit the website at www.credittalk101.com
… (0 comments)
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credit: Affordable Housing Interview on UTube - 01/24/08 02:34 PM
watch video Video Description Brief discussion on options for people that are looking to buy their first homes. Topics include resources, credit and budgeting. There is a tremendous need right now to think long term about sustainable, affordable homeownership. Once people have had a foreclosure, most people never go back … (0 comments)
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credit: Fed Rate Cut, Media Coverage, and Real Estate Markets - 01/24/08 11:40 AM
So what's the impact on the general public and real estate markets of the Federal Reserve's rate cut on January 22, 2008? If you're watching the cable news channels, it's probably hard to say how the various commentators are reading their tea leaves...especially depending upon how ratings-conscious they might be. Interestingly, … (1 comments)
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credit: Credit Scoring - 01/24/08 11:15 AM
Just over a decade ago, the mortgage industry began using a credit qualifying tool to help them evaluate a borrower's credit worthiness when applying for a home loan. This tool is called credit scoring.
Credit scores are often referred to as FICO scores, after Fair Issac & Co., the primary developer of … (1 comments)
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credit: Edina Mortgage Broker & Edina RE/MAX Real Estate agent Offer Deal - 01/24/08 08:52 AM
Have you been sitting on the fence wondering when to buy a new home? We know it's not the interest rates-the mortgage rates are at a multi-year LOW. We know it's not the inventory, we are in a buyers market with motivated sellers. This means more choices than ever before. We … (0 comments)
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credit: Fed Credibility goes Down the Tubes - 01/23/08 05:57 PM
On January 22nd, the Federal Reserve cut their most important interest rate for the fourth time in the past six months, in an attempt to stem the widespread sentiment that the US is in, or headed for recession. Their cut comes at a strange time, because they were rumored, nay, expected, … (0 comments)
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credit: Things to Avoid During the Loan Process in Rochester, NY - 01/23/08 04:43 PM
MORTGAGE PLANNING TIPSFrom the Desk of Don Draughn, Professional Mortgage Consultant
Website: http://ahfmortgage.elliemae.net/ddraughn
Avoid Financial Changes During the Loan Process
Once your loan package has been sent to the lender, there are a number of things you should avoid doing that may change your financial picture. Remember, the lender is looking for stability and … (3 comments)
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credit: New first time home buyer program for people with poor or little credit - 01/23/08 03:39 PM
Poor credit?? So what!!
With this new first time home buyer program you can purchase a home in Minnesota regardless of your credit score!
If you are interested in purchasing a home, most times credit along with income is the deciding factor. Unfortunately somtimes people with stable incomes have little credit … (2 comments)
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credit: Improving Your Credit, and Credit Score - 01/23/08 01:11 PM
No the two are not the same thing. Although they may have a symbiotic relationship they are very different. Now I will not go into detail, but I will give you my take on the differences.
Debts you have and owe are basically credit that is extended to you. Having credit is usually a good … (2 comments)
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credit: Seminar Educates Women about Divorce - 01/22/08 06:11 PM
By Vicky Gits
Colorado Community Newspapers
June 28, 2006
Women going through divorce frequently are under pressure to sell the marital home and move on, as if that were their only alternative. This may not be the right choice for everyone. Joan Rogliano of the Rogliano Real Estate Group has met many women in transition dealing … (0 comments)
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credit: Business is Booming!!! - 01/22/08 12:26 PM
Hey, are you tired of turning down clients due to their less than perfect credit scores?
I can, without a doubt, get that client back in your office in 6 months or less closing a loan!
I'm well aware of the current mortgage industry and know that you need all the … (0 comments)
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credit: 1/22/08 - Fed Cuts Rates .75% in Special Meeting - 01/22/08 12:05 PM
The Federal Reserve held a special meeting last night which resulted in a .75% rate cut to the Fed Funds Rate to 3.5%. This is the first intermeeting action since September, 2001 and the deepest one day Fed Cut since 1984! A brief statement issued by the Fed this morning said: … (1 comments)
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credit: FAIR ISAAC AND YOU! - 01/22/08 01:46 AM
I thought that Fair Isaac, the inventor of a prevalent credit-scoring model, might be a good place to start to get some reliable and useful information. Wrong!Here are some non-answers to questions taken directly from a FAIR ISAAC publication:• QUESTION: If derogatory information is removed, how much will the score increase?ANSWER: … (1 comments)
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credit: Mortgage Pro Week in Review -- 01/14/08 through 01/20/08 - 01/21/08 10:47 AM
I was honored when Jeff Belonger asked me to write this review. It gave me a real opportunity not only to get my name out here, but to really have more time to read about what people are writing about. And holy cow....you all write a boat load about more than … (19 comments)
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credit: Remove Bad Credit! - 01/21/08 10:02 AM
Most people don’t even realize that it’s possible to remove bad credit from your credit report. Most people believe that once they are plagued with bad credit, they simply must go through life paying high interest rates or not being approved for loans at all. They’ve been told that it takes … (4 comments)
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credit: The TRUTH about "Credit Freezes" (Don't get your hopes up) - 01/20/08 08:36 PM
As you've probably heard, all three credit bureaus are offering consumers this new "credit freeze" "deal". Well, it's actually not really a deal when you break down the benefits of it. (It's a DEAL for the credit bureaus!)
1.) They're not free and can be costly. First, nobody can get a "credit … (0 comments)
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credit: Timely thoughts On Real Estate Investing From An MN Mortgage Broker - 01/20/08 04:53 PM
Remember that real estate investment is part of an overall financial plan-it shouldn't be just stocks, bonds, and mutual funds. Investing in real estate requires specific tax, spending, budgeting and people management advice. Based on your other assets and your overall financial plan, investment property might be a worthy goal, but … (0 comments)
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credit: Southeast Michigan is a Buyer’s Market and Larry Morris Caters to Buyers by Adding New Features to Quick Home Finder Real Estate Search Site - 01/20/08 04:03 PM
Search Thousands of Active Michigan Real Estate Listings for Sale or Rent Detroit, MI -- The Quick Home Finder is an easy to use, comprehensive way to find the perfect home to buy or rent. Whether looking for an investment property or dream home the trained staff of real estate insiders is … (0 comments)
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credit: Your 5-minute guide to credit cards - 01/20/08 04:04 AM
Your 5-minute guide to credit cards
Credit cards do have some benefits, but it's easy to get into financial trouble if you rely on them too much. Here are more than a dozen tips for using cards wisely.
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Article Tools
E-mail to a friendTools IndexPrint-friendly versionSite MapDiscuss in a Message BoardArticle IndexBy MSN Money … (4 comments)
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credit: Homes in Des Moines, Iowa: Credit Score Secrets for 2008 Revealed - 01/19/08 03:31 PM
New changes in the way credit bureau's look at your credit score.by: Brian Wentz, Realtor
Fair Isaac, home of the well known "FICO" scoring method, has announced some changes that will impact consumers credit scores in 2008. Dubbed "FICO '08", the new guidelines put heavier emphasis on several key areas which received less focus in … (2 comments)
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credit: VantageScoring VS Fico - 01/19/08 11:41 AM
Well the credit bureaus are at it again. They are battling. How many know what Vantage Scoring is? How many know how it will affect their lives? Well visit www.credittalk101.com or call me personally at 609-685-7474 to find out more. This is going to impact how you are going to do … (3 comments)
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credit: No credit or a lower credit score and need help. Are you looking to buy furniture? - 01/19/08 10:37 AM
Now, this is not an advertisement and I don't have any stocks or anything in this company. I am talking about Ashley Furniture.
If you are looking to boost your credit score or help it up a few points, Ashley can help.
I found out that if you buy from Ashley … (12 comments)
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credit: Credit Report Repair - 01/18/08 05:56 PM
Credit report repair is commonly referred to as the process of disputing negative items in a credit report. Under the Fair Credit Reporting Act, consumers have the right to request an investigation with the credit bureaus for any item on their credit report. The credit bureaus and the original furnisher of … (0 comments)
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credit: Finding a Home after Your Divorce - Wildflower Group Helps Women Own Their Own Homes - 01/18/08 02:59 PM
Robyn Lydick , Staff Writer
CCN Online - Colorado Community Newspapers
August 3, 2006
In 1995 Cheryl Brown's world changed. Her marriage was ending and she fought to keep the house she lived in, the only home her daughters, then 11 and 9, had ever known. She was determined to raise them in … (5 comments)
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credit: Dr. Greenspanstein's Monster & Gambler Mae - 01/17/08 11:47 PM
Well, here's hoping you're safely through the holidays, and that Santa, in his munificence, deposited more than the richly deserved lumps of coal in your moth eaten stockings. With that cheery greeting, let's start the year with a slap in the yap from the housing market. I know I told you … (15 comments)
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credit: Credit Reports and TM Holdings Group - 01/17/08 10:07 PM
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credit: Refinance boom predicted for the fortunate few - 01/17/08 08:42 PM
Originally posted on Home Financing News.
Home refinance applications are up sharply according to the latest numbers from the Mortgage Bankers Association. And some industry watchers think they mark the beginning of a new refinance boom in the months to come.
But applications aren't the same as completed mortgages. And sadly … (1 comments)
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credit: What you need to know before a Divorce - 01/17/08 12:49 PM
1 out of every 2 marriages ends in divorce today! That's a daunting statistic and one that brings with it an abundance of emotional and financial upheaval for more than half of all married people. It is also a statistic that creates an urgent need for all individuals to become aware … (0 comments)
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credit: NEED TO IMPROVE YOUR CREDIT? - 01/15/08 02:59 PM
MORTGAGE PLANNING TIPSFrom the Desk of Don Draughn, Professional Mortgage Consultant
Website: http://ahfmortgage.elliemae.net/ddraughn
The Five Factors of Credit Scoring
MyFico.com has shared information regarding the credit scoring model. Consider these five factors when trying to improve your credit.
Payment History has a 35% impact. Paying debt on time and in full has a positive impact, … (3 comments)
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