The last time Patsy Campbell made a mortgage payment on her house was October 1985. The 71-year-old Florida retiree has been fighting off the lenders ever since. View full post on All Stories
Posts Tagged ‘payment’
Home Loan Blues: Refinancing Isn’t So Easy
November 10th, 2010
admin Many homeowners who would love to lower their mortgage payment don’t qualify for refinancing. And many who do are discovering that getting a new loan isn’t so easy anymore. Housing experts say high credit scores are among the factors that remain extremely important to lenders. View full post on All Stories
Mortgage default-prevention program offers payment
October 17th, 2010
admin Pay homeowners to prevent them from walking away from underwater homes? That’s the business plan for a startup that has signed up hedge funds and one major bank for its services. With millions of desperate people… View full post on All Stories
Loan insurance sale curbs backed
October 14th, 2010
admin Banks will no longer be able to sell payment protection insurance while granting loans to customers, the Competition Commission says. View full post on All Stories
USDT Payment Acceptance Guru to Speak at DMA2010
September 29th, 2010
admin NEW YORK, Sept. 29 /PRNewswire/ — US Digital Transactions Corporation announced today, Greg Wooten, Chief Executive Officer, will be lending his merchant processing and payment acceptance expertise to attendees of the DMA2010 Conference & Exhibition, a global event delivered by the Direct Marke View full post on All Stories
Unfreezing Credit Markets Requires Cutting Off Credit to Borrowers, Says Banks
January 20th, 2010
Nick Adama Decades of making money cheap, easy to print, and similarly easy to loan out have resulted in a large number of Americans struggling under a huge debt burden. The banks which have lent out this money are now restricting credit to borrowers, despite their creditworthiness, and actually damaging peoples’ credit histories for no rational reason.

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