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Struggling Homeowners Get New Hope
If you or a loved one is facing potential foreclosure on your home, you may have been offered some new hope, recently. The Bush Administration announced "Project Lifeline," which is a new initiative to offer a...
7 commentsLoan Modification for IndyMac Mortgages?
A recent JP Morgan report clarified exactly what the FDIC meant by "principal forbearance." The FDIC approach is to arrive at a total HTI (housing-to-income) ratio of 38% for the mortgage holder of the...
4 commentsYour Credit Report - Why Fatter is Better
Being too thin can lower your credit score. So much of the mainstream media focuses on famous skinny ... or almost anorexic ... public figures. Yes, Paris Hilton, Keira Knightley, Kate Moss and, of course, all those glorified supermodels strutting their...
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