Mortgage lenders have become far more picky about who they will lend to. We round-up the common reasons for borrowers being turned down View full post on All Stories
Posts Tagged ‘Stories’
Six reasons mortgage lenders turn you down
March 31st, 2011 
admin House approves bill to axe borrower help
March 30th, 2011 admin WASHINGTON (MarketWatch) — The House of Representatives late Tuesday approved legislation that would axe an Obama administration program that seeks to modify mortgages for troubled borrowers. It is unlikely that the bill would be approved by the Democratic-controlled Senate. GOP officials argue that the programs aren’t working and must be eliminated as part of a [...]
Posted in News 
Tags: approves, Bill, borrower, congressional oversight, gop officials, Help, house, market pulse, MarketWatch, News, oversight panel, senate gop, Stories, Washington 
Comments OffBanks’ funding costs may rise after quake
March 16th, 2011 admin Australian banks could find it more costly to tap overseas markets after Japan’s quake – a higher expense they may pass on to borrowers. View full post on All Stories
Banks, borrowers face off in unique court
March 10th, 2011 admin Two Orange County judges are trying to force homeowners in default on loans and their lenders to come to terms, and to keep a flood of foreclosure-related legal challenges from turning into protracted, expensive, time-consuming — and … View full post on All Stories
Posted in News Tags: Banks, borrowers, Court, default, face, flood, foreclosure, legal challenges, lenders, Orange County, orange county judges, post, Stories, time consuming, unique, View Comments OffForgiven debt can trigger a tax bill
March 8th, 2011 admin After borrowers persuade their lenders to settle for a reduced amount, calls from collection agencies could be replaced by calls from the IR … View full post on All Stories
Revealed: Reckless UK lending of Lehman arm
March 7th, 2011 admin Files that show how aggressive lenders peddled mortgages borrowers couldn’t afford and pursued them when they failed to meet pay View full post on All Stories
Lloyds agrees to pay £500m mortgage refunds
February 22nd, 2011 admin Bank prepares to hand out up to £500m in refunds to hundreds of thousands of customers, after admitting the borrowers may have thought they were paying a lower irate than they actually were View full post on All Stories
Mortgage Investors Duped by 25% Occupancy Errors
January 22nd, 2011 admin Borrowers either never moved into or later vacated homes for at least 25 percent of U.S. mortgages that were described as being for “owner occupied” properties when bundled into securities, according to 1010data. View full post on All Stories
Hidden Medical Debts Kill Refis
December 11th, 2010 admin Otherwise well-qualified borrowers are increasingly finding it difficult to refinance because of medical billing mistakes marring their credit. View full post on All Stories
Female staff can bank on a smaller wage
December 5th, 2010 admin IT’S not just borrowers getting a raw deal from banks – women in finance get paid less than men. View full post on All Stories
