Mortgage Servicers Still Causing Big Problems, CFPB Says

Mortgages

Mortgage Servicers Still Causing Big Problems, CFPB Says

Mortgage Servicers Still Causing Big Problems, CFPB Says

Homeowners continue to find frustration with mortgage servicers that collect and process monthly mortgage payments, according to a report issued Wednesday by the Consumer Financial Protection Bureau. Among the findings of a nationwide review: the agency found some servicers are “sloppy” about transferring paperwork when loans are sold, misapply payments and occasionally cause homeowners to... Read More

Mortgage Fraud Reports Decline for First Time Since 2002

Mortgages

Mortgage Fraud Reports Decline for First Time Since 2002

Mortgage Fraud Reports Decline for First Time Since 2002

Reports of mortgage fraud declined in 2012, the first decrease in such reports since the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) started tracking them in 2002. FinCEN received 69,277 Mortgage Loan Fraud Suspicious Activity Reports (MLF SARs) in 2012, 25% fewer than the record 92,561 in 2011. In its report, FinCEN associates the decrease... Read More

The Secret to Beating a Car Dealer

Auto Loans

The Secret to Beating a Car Dealer

The Secret to Beating a Car Dealer

As players get ready to snap the football in every college and NFL home town in America, baseball builds up to the crescendo of the World Series and duck hunting season is less than 30 days away in some parts of the country, another kind of contest begins in earnest. Wading their way through billions... Read More

4 Credit Tips to Finish Summer Well

Credit Score

4 Credit Tips to Finish Summer Well

4 Credit Tips to Finish Summer Well

It’s nearly the end of summer. The kids will be returning to school shortly. You’ll probably be returning to work (or to a slightly different schedule at work once everyone finishes off their vacation time). You’ll say goodbye to the beachwear and the flip-flops and the sunscreen. In these last couple of weeks, it can... Read More

Credit Cards for Sports Fans: A Closer Look

Credit Cards

Credit Cards for Sports Fans: A Closer Look

Credit Cards for Sports Fans: A Closer Look

Baseball is entering the pennant race, football season is about to begin and basketball and hockey teams will soon start their training camps. So now is as good a time as ever to consider if sports fans should be carrying a credit card affiliated with their favorite league. Several of the major professional leagues have... Read More

Florida: Still the Top Foreclosure State

Mortgages

Florida: Still the Top Foreclosure State

Florida: Still the Top Foreclosure State

For the third consecutive month, Florida topped the list of states with the highest foreclosure rates, as outlined in RealtyTrac’s July 2013 U.S. Foreclosure Market Report. One in every 328 housing units in Florida has a foreclosure filing, which is more than three times the national average and a 7% increase from this time last... Read More

How a Stolen Phone Can Affect Your Credit

Identity Theft

How a Stolen Phone Can Affect Your Credit

How a Stolen Phone Can Affect Your Credit

You’ve enjoyed a great day out – shopping, grabbing a coffee with friends, maybe a quick stop at the park to walk the dog. But then as you walk into the house, you have a sudden panicked feeling … Where is your cellphone? According to a recent study by Lookout Labs, $30 billion worth of... Read More

6 Credit Mistakes Moms Make

Personal Finance

6 Credit Mistakes Moms Make

6 Credit Mistakes Moms Make

When my daughter was little, she didn’t always like my decisions, but she thought I was perfect. Now that she’s older, she knows Mom can mess up. Part of that is due to the fact that she’s growing up, and part of it is because I’ve shared many of my missteps with the hope she... Read More

The Most Car-Hungry States in America

Auto Loans

The Most Car-Hungry States in America

The Most Car-Hungry States in America

It’s not surprising the most populated states also have the highest number of car loans and leases — but adjusting that data to car loans/leases per capita makes things more interesting. To get an idea of the country’s most car-hungry states, we looked at data from the Experian-Oliver Wyman Market Intelligence Reports. Using Experian’s IntelliView,... Read More

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