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Guerilla Credit Repair News

Mortgage application volume falls 6.2 pct (AP)

The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington in this September 8, 2008 file photo. (Jason Reed/Reuters)AP - Mortgage application volume fell 6.2 percent during the week ended Nov. 14, according to the Mortgage Bankers Association's weekly application survey.



 
China fund in talks for stake in AIG unit: report (Reuters)

People stand outside the American International Group (AIG) offices in New York September 17, 2008. (Shannon Stapleton/Reuters)Reuters - A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a stake of up to 49 percent in American Life Insurance Co, a unit of U.S. insurance company American International Group , the Nikkei financial daily reported.



 
Wall Street sinks to lowest since 2003 (Reuters)

Traders work on the floor of the New York Stock Exchange November 14, 2008. (Brendan McDermid/Reuters)Reuters - Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline.



 
Banks, raters face subprime lawsuits and new rules (Reuters)
Reuters - The U.S. subprime mortgage crisis has sparked more than 250 class action suits against Wall Street banks and rating companies and will lead to rising regulation in 2009, top litigators said on Thursday.
 
U.S. probing Golden West lending, sale: prosecutor (Reuters)

Pedestrians walk outside Wachovia corporate headquarters in Charlotte, North Carolina, October 22, 2008. (Chris Keane/Reuters)Reuters - The government is investigating if homeowners were misled by California bank and mortgage issuer Golden West Financial, which was acquired by Wachovia Corp -- another possible victim.



 

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Patience
I was just thinking today about how the good things in life develop slowly over time, but the bad happens near instantly. It takes decades to build your career, but only a couple minutes to get...

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On Paying Yourself First: The Gap Between Rich and Poor
Politicians on a certain side of the aisle like to draw attention to the ‘injustice’ in the increasing gap in wealth between the rich and the poor. The wealthy, despite paying a...

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Bad Credit? You May Never Own a Home Again
Are you ever going to own a home again? Many people with Bad Credit will see their dreams of owning a home evaporated over the next few years. This is brought on by the credit crisis in the banking industry. Banks are blaming bad credit people for the recent collapse in the mortgage industry. However, the real culprits are the banks which practice predatory lending. What are your chances of purchasing a home if you have bad credit?
 
Free Annual Credit Report - Helps to Understand Your Financial Position
Free annual credit report is the perfect way to keep a track on your financial standing. Moreover, it helps you to understand your financial condition and suggest ways to improve it.
 
Will Rate Shopping Hurt My Credit Score?
When car-shopping, it is natural for most people to visit several dealerships and check out different cars and ask for finance options. Every time you ask for what kind of financing you can get, the dealership does a credit check on you and an inquiry is placed on your report.
 
Equifax Credit Report - Get Your Free Credit Report From Equifax!
Equifax has been compiling credit reports since 1899. You can now get your own free credit report every year from Equifax. Your credit report is what banks, mortgage and credit card companies use when they are deciding whether to grant you credit. It is a record of every credit transaction you have ever made.
 

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