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Easy money: a little thing like bad credit won't cost you a mortgage loan Mortgages to people with imperfect credit have increased 40% between 1995 and 1997. These 'subprime' borrowers are attractive to mortgage companies because ......(Continue Reading)Privatize Fannie Mae and Freddie Mac: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation make mortgage markets inefficient, Fannie Mae and Freddie Mac are excellent investments because they have tax exemptions and exclusions from securities regulations. These create an advantage ......(Continue Reading)Bad-credit blues: Bill collectors are hounding you. You can't buy a car, a home or even get a cell phone. You don't have to live like this. Even a sister For much of my adult life I was burdened with having poor credit. Falling into debt felt nightmarish line ghost of past bad choices always trailing behind me, Not even breaking up with a boyfriend...(Continue Reading)Discreditable reports: are bankers letting racism interfere with profits? Now that would be news - how a Washington Post three-part report, June 6-8, 1993, The Washington Post abused facts about mortgage loans to African Americans to show that banks favor white applicants. Banks make loans based upon credit ......(Continue Reading)Refinancing your home: saddled with a double-digit mortgage? It's not too late to save thousands on your home loan Refinancing home mortgages is a valuable way of reducing monthly payments. It applies to homeowners who are paying interest rates above 8.5% and who know ......(Continue Reading) |