Mortgage fund investors may be required to wait as many as four years for access to cash held in frozen investments. Investor group Light of day believes that as few as half a dozen of Australia’s over 200 mortgage funds will resume redemptions during the next 18 months, and most will only allow them on a highly restricted basis. The majority of investors however, will be required to wait a few years before being allowed access to their principal, ...Read More...
Consumers who are in the market for a car loan this year may want to review their credit scores to see where they stand. If improvements need to be made, they’ll have time to boost their credit scores to get the best possible rate on an auto loan. The Credit Card Act of 2009 starts Feb. 22. The way you handle revolving debt like credit cards is one of the major factors that is considered in your credit score. ...Read More...
Patricia Garcia-Duarte, CEO of NHS Phoenix, says, “Last year, in 2009, about 60 percent of people who came through our doors were able to avoid foreclosure.” NHS offers free loan counseling. Employees have special training in the loan modification process. Garcia-Duarte says one reason for delays is that banks were overwhelmed with loan modification requests. She
The rest is here: Too many people are calling and are applying when they really don’t need the assistance
