A number of mortgage brokerages are being audited by the federal privacy commissioner, due to concerns regarding the security of the borrowers’ personal financial information.
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From the monthly archives:
August 2009
By the New rules some protection against sudden interest rate hikes and payment changes are being given to credit card holders.It would be starting from Thursday, before raising their interest rates credit card companies would give you…
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On Wednesday it has been said by the Mortgage Bankers Association that large swings in mortgage rates over the past month have shown their result in the form of “seesaw-like activity” in the volume of refinancing applications that has been filed by homeowners, while there has been a gradual increase in the applications to purchase [...]
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In my previous post I have discussed few parts of your monthly credit card statement and here in this article I am explaining the rest of them.if a balance is carried by you then you usually don’t have a grace period, and on new purchases interest accrues immediately. There is also a lack of grace periods for cash advances and balance transfers. For details…
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I can describe Credit card statements as the ultimate math-class word problem. If there is one thing wrong and the bad mark will stay with you for a long time on your credit report.
For making it even more challenging, nearly every credit card posses a slightly different set of requirements and there is a little difference in your statement. So below I have explained all the different parts of card statements…
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Over the past couple of months the housing data that has been released suggests that a housing recovery is near or it may be said that it is already underway. A “perfect storm” for a housing turn around has been created by the combination of low current mortgage rates along with historically high home affordability and…
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According to a consumer advocacy group, the credit card rates have been raised by nation’s banks and they have increased their profit from lending to consumers in the first half of 2009. On Monday, The Pew Safe Credit Cards Project have said that…
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The Bank of America credit card charge-off rate raised to 13.82 %.The details are that…
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On Monday it has been said by Capital One Financial Corp. (COF) that those U.S. borrowers who are at least a month behind their card payments has been increased up to to 4.83% in July from 4.77% in June.According to a regulatory filing Monday, In addition to this, the bank and credit-card issuer have…
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