Posts Tagged ‘payment’

A 25-Year Mortgage Standoff

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

Home Loan Blues: Refinancing Isn’t So Easy

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

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

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

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

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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