Phishing Lures Hit Home Mortgages

mortgage phishing lures hit home

I received an e-mail on one of my unadvertised accounts from my mortgage lender, announcing that it had been trying to get in touch with me and asking me to respond with all sorts of personal information. I was, of course, suspicious, since my lender has my address and phone number, and has been informed [...]

Avoid Getting Hooked by Debt-Reduction Schemes

avoid debt reduction schemes

Get rid of debt fast and easy, for pennies on the dollar. If the deal sounds too good to be true … well … you know the drill. As the jobless rate climbs, many people find themselves falling behind on credit-card bills, struggling with living expenses and bogged down with a mortgage or car payment. [...]

Will Stimulus Benefit Homeowners and Buyers?

stimulus help home buyers

“There are four primary sections of the economic stimulus plan that will benefit home owners and buyers,” said Gibran Nicholas, chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers. According to Nicholas, these include: 1. Expansion of Home Improvement Tax Credit. ”The tax credit for making energy efficient home improvements is [...]

Spec Home Solution

CEO discusses new Spec Homes pricing strategy.  SpecHomes.com entered the Home Builder Internet Advertising scene with a great brand, and a new take on an established product offering. But a few months later, began feeling unsatisifed with the initial response received within the building industry. “It just wasn’t enough, we really wanted to make an impact.” Says [...]

How do lenders define bad credit?

It is all those things that appear on your credit report that are unflattering. They include: missing a credit card payment, defaulting on a previous loan, filing for bankruptcy in the past seven years, or not paying your taxes. Other black marks include a judgment filed against you – perhaps for non-payment of spousal or [...]