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Equifax Adds More Monthly Payments to Consumer Credit Files
Equifax is now offering additional insight into consumer credit by including certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry. The company says this will help create greater home ownership opportunities for more...
Credit Union Documentary Racks up Festival Wins
A documentary film produced by the digital media division of PenFed Credit Union, the nation's second-largest federal credit union, has been winning awards on the film festival circuit. The documentary short film "The Shot" has won numerous awards and screened for...
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Everything to know about reverse mortgages
Source: CBS News --- If you're struggling with the rising costs of inflation, tapping your home equity may provide some relief. With products like cash-out refinances, home equity loans or HELOCs, you can turn that equity into cash and use it for any purpose — whether...
US mortgage lenders are starting to go bankrupt — how this one factor could be triggering the worst surge of failures since 2008
Source: Yahoo --- The real estate market just can’t catch a break, with inventory of resale homes remaining low and rising interest rates making it harder for buyers to justify making the leap. And now we can add mortgage lender bankruptcies — and the rise (and fall)...
Want to Back Out of a Home Purchase? Here’s What You Need to Know
Source: Motley Fool --- At one point, the housing market was so hot and buyers were so desperate to purchase homes that they were willing to go to different extremes to get an offer accepted. Those included making offers without actually seeing homes in person and...
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