Great Article, by one of my favorite websit Credit.com A new FICO report on credit data from the second half of 2008, revealed that 16% of the US population had some reduction in their credit card limits. A majority of these consumers didn't have any late payments, collection accounts or other negative records to trigger…
There could be no better time than now to by your first home in Southern California, especially in the InlandEmpire region. Prices have dropped in some places in excess of 40%, interest rates are hovering around in the low 5% and FHA loans are your best bet if you have some credit challenges.Read this article…
The Obama administration on Wednesday gave lenders a green light to begin modifying home mortgages under a new $75 billion program aimed primarily at people facing imminent financial hardship. The $75 billion mortgage modification plan is part of a larger Obama administration effort announced on Feb. 18 to support the U.S. housing market and distressed…
Note: Details of the plan below will not be annouced until first week of March, stay posted to find out more details. Carlos Samaniego(909)512-6418 President Obama has released details of the $75 billion Homeowner Affordability and Stability Plan, which will provide access to low-cost mortgage refinancing for homeowners hurt by falling home prices, as well…
This morning I was watching ABC Good Morning America as usual with my cup of coffee, when I saw a special report about homeowners are delaying there foreclosure on their homes. I had heard about this tactic almost 6 months ago being use in Florida, but didn’t hear much about since then, read the article…
That is right American Express just announced they will pay you to close your account. I just read the article on a great blog called CreditMattersBlog.com, it must read blog. The question for you is it worth the money? How will it impact your credit scores? As you know a huge portion of your credit…
Shiff pans government's direction on economy By Christopher Falvo Posted: 02/12/2009 10:00:00 AM EST Let the market be. This ideology may stray far from that of President Barack Obama's stimulus plan, but according to economist Peter Schiff it is the only way to stop the U.S. economy from spiraling into a bottomless abyss. "Everything the government…
Obama to outline plan to help struggling homeowners next week; major lenders halt foreclosures Alan Zibel, AP Real Estate Writer Friday February 13, 2009, 4:16 pm EST WASHINGTON (AP) — Several major banks are expanding their efforts to halt home foreclosures while the Obama administration develops its plan to help struggling homeowners. The White House…
I just informed from collegue, Stephen Snyder about your FICO credit score. Read his email below. Your friend,Carlos Samaniego,CMPS(909)512-6418 Experian just announced they have a very special Valentine
I had heard from my client's they where getting their credit lines reduce, and the reason given by credit card companies was basically they shop at certain stores. I found it hard to believe until I watch this special report by ABC news this morning. Carlos Samaniego,CMPS(909)512-6418 ABC News: 'GMA' Gets Answers: Some Credit Card…