Bad Credit Secured Loans

Foreclosure fees haunt homeowner associations
Many are getting more aggressive in efforts to collect from past owners

Read more on The Sarasota Herald-Tribune

No matter how improbable it may sound, bad credit cannot stop you entirely from attempting to restructure your finances especially with the availability of a homeowner loan. While most loans may be inaccessible for borrowers who have indications of being delinquent payers, there are financial companies that still extend help for those who are seriously intent on repairing their credit history. A bad credit situation can be brought about by… Continue reading

Fees fall as reverse mortgages gain acceptance
The checkered beginnings of reverse mortgages made them a difficult sales proposition to seniors. In the early years, some programs gave the lender a bigger share in the home than the homeowner; then the amount of available money that could be tapped was too low, and the fees were too high.

Read more on Everett Herald

Q&A: Linda Rheinberger, Nevada Association of Realtors
Linda Rheinberger is Nevada’s top advocate for the residential real estate industry.

Read more on Las Vegas Sun

Mortgages: Strategic Defaults Are On the Rise
The first wave of U.S. mortgage defaults was spurred by lenders who made bad loans and borrowers who wound up with larger monthly payments than they could ever hope to manage.

Read more on Muzi

Want 6% Return? Pay Down The Mortgage
Getting good returns with little risk can be tough in this low-interest- rate environment. But one option that could suit some homeowners is paying down the mortgage.

Read more on Investor’s Business Daily via Yahoo! News

City of Cleveland considers tighter controls on home loan program
A Plain Dealer investigation finds that the program lost millions of dollars to bad loans.

Read more on The Cleveland Plain Dealer

Bad credit will cost you
If you think your credit score isn’t that important, consider this: It could cost you hundreds of dollars more per month on your mortgage.

Read more on Asbury Park Press

Bad credit will cost you
If you think your credit score isn’t that important, consider this: It could cost you hundreds of dollars more per month on your mortgage.

Read more on Asbury Park Press

Defaults Rise in Loan Modification Program
Defaults nearly doubled in March, continuing a troubling trend that threatens to undermine the federal program.

Read more on New York Times