Gov. Deval L. Patrick moved yesterday to pressure mortgage lenders into modifying risky sub-prime loans for borrowers in danger of losing their homes to foreclosure, an attempt to slow the national foreclosure upheaval that has hit Massachusetts particularly hard this year.
The governor said he asked the Division of Banks to begin evaluating all state-licensed mortgage […]
Entries from May 2008
Mortgage lenders face stricter rules
May 31st, 2008 No Comments
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Business Loans: Give Prospect To Your Venture
May 30th, 2008 No Comments
Reasons are many for loan securing. No matter that you are after starting or expanding your business, purchasing or refinancing equipment or restructuring your balance sheet is always an important part of a venture. Business Loans probably provide you the most flexible solution to meet your financial needs. These loans are financial agreements in which […]
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Bad Credit Instant Auto Loans – Offset Your Blemished History
May 30th, 2008 No Comments
A history of repeating mistakes towards payment of old loans does not surprise anymore, with larger numbers of people being in debts. Therefore, the loan business has little options than to offer new loans to such people. Bad Credit Instant Auto Loans are amongst such loans, which are especially carved out for the people having […]
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Auto loan defaults see rise
May 30th, 2008 No Comments
Faced with rising gasoline prices and a weakened economy, Maryland auto dealers are confronting another challenge: more delinquent vehicle loans.
Delinquencies on indirect auto loans, which are made through a third party such as an auto dealership and account for some 90 percent of vehicle loans, reached 3.13 percent in the fourth quarter of last year, […]
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Can I Qualify For a Payday Loan If I Am Self-employed?
May 30th, 2008 No Comments
PayDay loans are signature loans, which means that many people do not need to provide much information in order to get their loan. It makes the process simpler and more understandable for many people. These types of loans only require a signature, proof of identification, proof of employment and sometimes a type of collateral, such […]
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Mortgage problems should not be ignored
May 30th, 2008 No Comments
Borrowers who are worried that they will soon be unable to meet their monthly mortgage payments should not bury their heads in the sand.
The Council of Mortgage Lenders (CML) has warned that those homeowners facing financial difficulties should make every effort to speak to their lender as soon as possible. Read more
Courtesy: www.introducertoday.co.uk
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Mortgage Insurers Report Monthly Jump In Mortgage Defaults
May 30th, 2008 No Comments
Home loans reported as delinquent to a mortgage insurer trade group surged in April, when a major home lender tightened up its policy for reporting past-due mortgages.
The Mortgage Insurance Companies of America said Friday that primary mortgage defaults surged to 73,880 in April from 58,313 in the previous month, largely because of one lender that […]
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Bad Credit Debt Consolidation Loans: Help Retrieve Better Condition
May 30th, 2008 No Comments
A debt consolidation can be a better idea for them who are struggling with debt burden and hardly find them selves able to repay them with their current financial condition. But carrying bad credit at the same time can be critical situation for you, as with this your chances are considerably reduced. Normally high street […]
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Bad Credit Payday Loans: Finances Without Any Credit Woes
May 30th, 2008 No Comments
A typical bad credit borrower has to face a lot of adverse financial condition. To completely recover from bad credit, it may take a long time. In this period, availing financial help is a nearly impossible task for the borrower. Amidst these circumstances, if any unforeseen or unexpected needs crop up which cannot be avoided, […]
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A quick drive through your car loan
May 30th, 2008 No Comments
Cupid can strike at the unlikeliest of places.
The first time he saw her was at a bus stop, standing in a queue, waiting for a bus. He was three spots behind her. There was something about her he liked, but he couldn’t place it. Maybe it was her overall demeanour.
And so started the daily […]
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