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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...

Is Title Insurance Overpriced?
March 21, 2005 Title Insurance Fees Paid by Borrowers Include Referral Costs "I recently read that some of the large title insurance companies have been kicking back to home builders 50% of the premiums collected from the people who buy houses from the builders. Doesn ... more...

mortgage companies real estate creditors home equity insurance 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...

Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more...

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Land of the Free
Is a Real Estate business possible without a license? Each state requires its own licensure and continuing education to start a business in real estate however most people find it a hassle to start a real estate career. Each state has dozens of MLS organizations further reducing the available ... more...

Like It Or Not, You Have A Score To Settle!
Like It Or Not, You Have A Score To Settle! (Part 1 of 2 on Credit Scoring)Just when most people finish with school and can stop worrying about test scores, theres a new kind of scoring that enters the picture. Its called credit scoring. And, its impact on your financial future can mean more to ... more...

California and Orange County Home Equity Loans
So you live in Orange County, California near to the Hollywood glitzy and glamorous world of the rich and famous. But you are an ordinary person looking for a simple Orange County Home Equity Loan. What can you do?There are lots of companies out there looking to offer you Orange County Home Equity ... more...

Term Life Insurance, What Is It All About?
What is term life insurance? You have an interest in buying term life insurance, that is why you are reading this article, and you want to know how it really works. Right? Well, there are many types of term life insurance and I am going to give you a brief explanation as to how each one works ... more...

The Truth Behind Processing FHA Insurance Refunds
Unlike the flood of Work from Home opportunities such as envelope stuffing, filing medical forms, processing emails or MLM schemes that promise get rich over night, processing FHA mortgage insurance refunds is a real job as a work from home business. The power of the Internet in locating the ... more...

Slowing Spending - The Key To Your Debt Plan's Success
Anyone who embarks on a debt reduction program should know the rules for success. There are two. You need to stop adding to your debt. You need to find extra money to pay it off quickly.You also need to know the deck is stacked against you. The sellers of goods and services have gobs of ... more...

Hurricane Recovery: Financial Institutions Step It Up
We have all heard the stories of financial institutions exploiting consumers with shady practices such as exorbitant interest rates, hidden fees, and the like. These accounts anger us and, rightfully, those that practice these deeds should be exposed. Fortunately, not all reports are bad as ... more...

Bad Credit Debt
In todays world, there are a lot of things that its very difficult to live without. One of them, is credit. Can you imagine trying to save up for a car until you had enough cash to just pay for it outright? Do you think you would be able to pay for college tuition and study at the same time? Who ... more...

My Credit Affects My Car Insurance Rate?
You probably know that lenders use information in your credit report to determine if they'll give you credit. But did you know that in some states, insurance companies also consider your credit history? Good or bad, your credit history may affect your ability to purchase homeowners or auto ... more...

Credit Report Watch Out for Parking Tickets
The economic downturn of the last five years has affected millions of Americans, but it has also affected the budgets of states, cities and counties. With limited tax dollars with which to work, various government entities have had to try to stretch their budgets to allow them to continue to ... more...


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