Consumer Crime ~ Financial Integrity Foundation
January 3, 2012 by
Filed under mortgage loans
www.ConsumerCrime.com helps educate you on your options when you need sound advice to your options. We specialize in helping hard working folks fight back against bad mortgage loans, foreclosure, loan modification issues, vulnerable adult care, lemon laws, equity stripping, sheriffs sale,…
Consumer Financial Protection Agency (Maybe?)
August 18, 2011 by
Filed under mortgage loans
A new bill before Congress would establish a watchdog agency to oversee everything from credit cards to mortgage loans.
Consumer Bureau Official: Mortgage Servicing Problems ‘Pervasive and Profound’
July 12, 2011 by
Filed under mortgage insurance
Consumer Bureau Official: Mortgage Servicing Problems ‘Pervasive and Profound’
Fixing the mortgage servicing market, which has been plagued with allegations of shoddy home-foreclosure practices, will be one of the new consumer protection bureau’s top priorities, a top bureau official told House lawmakers Thursday.
Read more on Wall Street Journal Blogs
Loan data highlights weak outlook for consumer spending
June 29, 2011 by
Filed under mortgage loans
Loan data highlights weak outlook for consumer spending
The weak outlook for UK consumer spending was highlighted by worse-than-expected tick-up in mortgage approvals, weak consumer credit growth, and the biggest slump in service sector output in over a year …
Read more on AFP Telegraph Finance News via Yahoo! UK & Ireland Finance
FDIC Consumer News – Spring 2010: Advice for Seniors
June 18, 2011 by
Filed under reverse mortgage
A reverse mortgage is essentially a loan against your home that you do not have to pay back for as long as you live there. It allows homeowners age 62 or older to borrow cash from the equity in their homes without having to make monthly payments. But as FDIC Consumer News has reported in [...]
Mortgages that work for the Consumer
May 1, 2011 by
Filed under mortgage refinance
Discussion on types of mortgages, down payments, refinancing of residence, and interest rates with projections
Guaranteed Home Mortgage Company Implements Loan Communications System to Improve Compliance and Consumer Interactions
January 21, 2011 by
Filed under mortgage loans
Guaranteed Home Mortgage Company Implements Loan Communications System to Improve Compliance and Consumer Interactions
Guaranteed Home Mortgage Company, Inc. (Guaranteed), a national residential mortgage investment and banking firm, today announced the implementation of its new Loan Communications System (LCS) to improve compliance and consumer interactions. (PRWeb January 19, 2011) Read the full story at http://www.prweb.com/releases/2011/01/prweb4982514.htm
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Consumer bankruptcies hit 5-year high in 2010
January 6, 2011 by
Filed under mortgage rates
Consumer bankruptcies hit 5-year high in 2010
The number of U.S. consumers who filed for bankruptcy protection in 2010 was the highest in five years.
Read more on MSNBC
Consumer 10.0: “Forced placement” insurance can send rates soaring
December 7, 2010 by
Filed under mortgage rates
Consumer 10.0: “Forced placement” insurance can send rates soaring
Nobody questions the right of a bank that holds a mortgage or auto loan to require a borrower to buy homeowners’ or auto insurance. After all, your property is the bank’s security. Selling it is what will repay the loan if you default, and a burned-down house [...]
New round of consumer financial protections coming
October 26, 2010 by
Filed under reverse mortgage
New round of consumer financial protections coming
Federal Reserve Bank says new rules will offer more proactive protection PHILADELPHIA — Financial industry reforms passed this summer by Congress will eventually mean more robust protection for consumers of a variety of financial products, from private student loans to home mortgages, say Federal Reserve Bank of Philadelphia officials.
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