Tighter Lending Standards Drive Texans To Peer-To-Peer Lending
Peer-to-peer lending, allows individuals looking for credit to bypass traditional lending institutions and create listings online detailing how much money they need to borrow, the purpose of the loan and how much interest they...
Help For Texans Trying To Decipher Loan Contracts
How many of us have been through wanting to take out a loan; but just were unable to translate the legalese to simple layman's English? What eventually happens? We sign away on the dotted...
Reverse Mortgages On The Rise Amongst Seniors
According to the U.S. Department of Housing and Urban Development, the number of reverse mortgage loans is projected to exceed a record 110,000 this year. Nationally lenders originated 76,351 government-insured reverse loans in 2007,...
Beware Of Foreclosure Rescue Scams
Facing the prospect of losing a home to foreclosure can put the best of us under extreme stress and pressure, causing us to grasp at any straw to save our biggest investment. That's why...
What Is A Reverse Mortgage?
Many seniors looking for ways to stretch their dollars and beat inflations consider a reverse mortgage. A reverse mortgage is a loan that allows senior citizens in Texas to liquidate the equity in their...
Lawmakers Set To Make Decision On New Bailout Proposal
Sunday night congressional leaders and the White House created a new bailout bill to present to Congress today. The bill will offer up to $700 billion dollars to Wall Street's failing institutions. The bill...
Jobless Rate At 7-Year High
According to the U.S. Labor Department new unemployment benefits claims jumped last week to their highest levels in seven years. The departments report stated that new requests for jobless benefits for the week of...