In a move clearly targeting loan mod shops around the country, Sen. Charles Schumer said on June 2nd that he will amend a bill he introduced in early 2009 which initially focused on mortgage brokers doing loans and refi’s, to include loan modifications done by these brokers as well. Schumer’s bill, titled “The Borrowers Protection [...]
Posts Tagged ‘low interest rates’
Personal Loans : Best Answer To Financial Needs When Facing Multiple Choices
December 24th, 2010
A car, home, holiday to favourite destination – who doesn’t want all that! Few years back it was not so easy to plan all that especially if you did not have the necessary funds. Now it is! Personal …
Refinances Good for Those Who Qualify
September 27th, 2010
davidguide Historically low interest rates have yet to spark historic numbers of homeowners refinancing their homes. While refinance activity increased this summer and fall, many homeowners find it hard to get new loans. “The rates have never been this low in the 30 years I’ve been in this business,” said Pete Phillippe, a loan officer with [...]
Financing College Expenses With Student Loans or With Credit Cards?
July 10th, 2010
davidguide Students always need finance to cover the expenses of daily life. Buying books, paying for rent, groceries, services, etc. can add up to considerable amounts that must be paid somehow. The easiest way is to use a credit card; credit cards are always in hand and are a very comfortable payment method. But what [...]
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