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October 15, 2011
WSJ.com
Unable to sell their homes in this stagnant real-estate market, more homeowners are settling in for the long haul and renovating. But at a time when there's less home equity to tap into and lending standards are still tight, people will ...
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October 5, 2011
MarketWatch
WASHINGTON (MarketWatch) — Delinquency rates for consumer loans rose in the second quarter, as employment weakness persisted and higher gas and food prices pressured family budgets, according to a report released Wednesday by the American ...
September 14, 2011
SmartMoney.com
Should you take out a new mortgage — or home equity line of credit — and spend the money buying stocks? The question may sound totally crazy. It's certainly not for the unsophisticated. But events in the stock, bond and mortgage markets ...
August 30, 2011
SmartMoney.com
So you survived the hurricane. How about a loan? That's the nothing-if-not-timely pitch from at least two banks now offering "hurricane specials" -- discounted loans for consumers in mid-Atlantic states hit by Hurricane Irene ...
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July 16, 2011
WSJ.com
Should you finance your plastic surgery with plastic? Credit-card issuers are stepping up their marketing of health-care cards and lines of credit that help borrowers finance costly elective medical procedures. The cards, which typically ...
June 27, 2011
SmartMoney.com
If someone in your family is planning to apply for a reverse mortgage to pay for long-term care or other expenses, they should move quickly: Two of the largest lenders are exiting the business, and a popular federal incentive geared toward ...
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June 11, 2011
WSJ.com
Credit unions increasingly are opening their doors to a broader group of people—and offering deals that handily beat those offered at fee-heavy big banks.
June 1, 2011
SmartMoney.com
After years of turning down all but the best borrowers, banks and other lenders are now extending credit to a surprising group of customers: former homeowners who defaulted on their mortgages.
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April 28, 2011
WSJ.com
Last week, this column examined the case of the Robinsons, the family in Lakebay, Wash., threatened with foreclosure on their unfinished but livable home.
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April 10, 2011
WSJ.com
A reverse mortgage has long been considered a loan of last resort because of its high fees. Now, a new type of reverse mortgage is reducing some fees dramatically. But older homeowners need to be aware of the trade-offs.
March 17, 2011
SmartMoney.com
QUESTION: I've had an American Express charge card since 1999, which costs $95 a year to maintain. If I cancel it, what will this do to my credit score? --Fred Cohen, Weston, Fla.
February 3, 2011
SmartMoney.com
Once every homeowner's answer to a cash shortfall, the ability to borrow against your home equity all but disappeared a few years ago right along with, well, home equity. But now, at a growing number of banks around the country, home ...
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January 8, 2011
WSJ.com
A reverse mortgage has long been considered a loan of last resort because of its high fees. Now, a new type of reverse mortgage is attracting the attention of more-affluent borrowers eager to extract cash from their homes. But older ...
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October 25, 2010
WSJ.com
Cash at Home: Two recent government moves could make reverse mortgages cheaper and easier for older homeowners to understand. The loans, which generally let people 62 or older convert their home equity into cash, traditionally have had high ...
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June 27, 2010
WSJ.com
Upfront fees on reverse mortgages have fallen substantially in recent months, giving homeowners interested in this product a new challenge: how to compare offers to find the best one.