Monthly Archives: October 2010

The Price of a ‘No-Cost’ Loan……

October 22, 2010 By LYNNLEY BROWNING HOME buyers concerned about high closing costs in this tight economy might be tempted by a type of loan that requires no cash outlay in exchange for paying a higher interest rate, especially because … Continue reading

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Your credit score is constantly changing- what you need to know.

It also varies depending on which of the three main credit repositories you check. Each has a different scoring formula and different information in its files. By Lew Sichelman October 24, 2010 Reporting from Washington Here is a scenario that … Continue reading

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Foreclosure Rescue Scams Are Going Strong

From the BBB 9/15/2010 The housing market in the United States may not be thriving, but business is booming for foreclosure rescue and loan modification scammers.
The US Government Accountability Office (GAO) released a report in July 2010 entitled “Home Ownership … Continue reading

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How to buy a home at a $100,000 discount

With nearly 150,000 foreclosed homes on their books, Fannie Mae and Freddie Mac are trying to pare down their growing inventory of repossessed properties, in turn providing home buyers with tremendous purchasing opportunities. MAKING SENSE OF THE STORY FOR CONSUMERS … Continue reading

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