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Fixing the Mortgage System So It Works For Borrowers
September 5, 2005 In some respects, the United States housing finance system is the best in the world. In other respects, it is unworthy of a banana republic. Our housing finance system has a primary market and a secondary market. The primary market is the market the borrower ... more...

HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

mortgage brokers home loan insurance credit information related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

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Home Loans - Online Services And Resources To Help You
Interest rates on home loans are at the lowest theyve been in many years. Now is a great time to take advantage of home loan financial services and resources available online. With a little education online you can get some of the best loans available on the Internet. It is well worth the time and ... more...

Life Insurance and the Law - A Layman's Introduction
There are no laws in the UK that require a person to have life insurance. Its an entirely voluntary insurance. About 40% of the UK's working population are covered by life insurance either through their own policy or via an arrangement through their employer. So the simple things first. You have ... more...

Why Consumers Need a Nationwide Credit Freeze NOW
What do a shoe retailer, an online discount broker, and a popular clothing retailer all have in common? All three - DSW Shoe Warehouse, Ameritrade, and Polo Ralph Lauren - sustained breaches to their customers accounts. Unfortunately, these three are not alone when it comes to security breaches. ... more...

First Time Buyer Home Loans - Things To Consider When Applying Online
As a first time home buyer, there are several things you should consider when applying for a loan online. First, do you know what type of loan you want? Secondly, do you want personal service or better rates? And finally, how do you plan on scheduling in a home loan?Type Of LoanMortgage loans come ... more...

Bridge Loans From One Home to the Next
Youve lived in your home for some time and circumstances such as an expanding family mean you need a new one. This brings up the subject of bridge loans.From Here to ThereYou have two basic options when you are considering selling one home to move to another. The first option is to sell your home, ... more...

Assumption Based Marketing Vs. Fact Based Marketing
One of the most common mistakes in marketing is making decisions based on assumptions rather than fact. You think of an idea for a marketing piece and believe that it is a great idea.You start using the idea with no tracking mechanism that would allow you to measure the results of that piece. Then ... more...

Business Growth Through Leverage
Lets begin by talking about leverage. What do I mean by leverage?In it's most basic application a lever allows you to lift or move a heavy object with a lesser amount of energy. For instance placing a long stick under a rock in order to move it.But how does leverage apply to business? Can you ... more...

Publicity: The Best Things In Life Are... FREEE!
One portion of your marketing plan that you probably don't think about enough is "free publicity".Publicity is an extremely important tool and should be given prominence in any marketing plan.What is publicity?It's getting anyone else besides yourself to talk about you (preferably in a good way) ... more...

Selling Your Home Yourself Pricing It Appropriately
When youre selling your own property, whether its a house, townhouse, condo, apartment, a finished lot, raw land, a farm, a ranch, or whatever, the first thing to get right is the price you ask for it. If you work with a broker, the legwork is done for you. When you work as a FSBO (for sale by ... more...

Independent Insurance Agents Unite! Insurance and Financial Discussion Forums are all the Rage
The online discussion forum has emerged as the medium of choice for many Americans. Most recently, forum platforms like vBulletin, Infopop, and Snitz have enabled the novice webmaster to host and moderate their own forum. One of the areas that needs this type of medium the most is the Insurance ... more...


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