Mortgage blunder hits 7,000 bank customers (The Scotsman: Business)
THOUSANDS of Bank of Scotland mortgage customers found themselves out of pocket last week after the bank took repeated mortgage repayments from their bank accounts.
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Mortgage owners 'facing shortfall' Homeowners with endowment mortgages are facing an average shortfall of 7,057 between the maturity value of their property and the mortgage it needs to repay, research showed today.read more...
How to blitz your college debts The average college student is now more than $20,000 in debt at graduation. The average salary for a newly minted graduate, meanwhile, is $30,000. No wonder so many grads say
Exceeding company match in your 401(k) If you've maxed out or your company has limited options, it sometimes makes sense to fund an IRA instead, says Dr. Don.read more...
With New Limits, New Reasons To Question Mortgage Costs A seemingly arcane policy change by mortgage investor Freddie Mac sheds new light on issues of much broader concern for consumers: Do you really understand where the money flows --
Bill would increase penalties for mortgage fraud (BizJournals) A state lawmaker wants to increase criminal penalties for mortgage fraud.read more...
Minorities getting lion's share of subprime mortgage loans (Chicago Sun-Times) Mortgage lenders in the Chicago area made more high-cost, subprime home loans to African-American borrowers than they did to white borrowers, a survey of lenders in six cities found.read more...