Financially distressed homeowners will soon have protection from unscrupulous loan modification companies by way of a new rule set down by the Federal Trade Commission. The new regulation stipulates that loan modification companies cannot charge any fees before a homeowner has a settlement in writing from their mortgage holder. “At a time when many Americans [...]
Bank of America has been rated no. 1 compared to all other banks in terms of the dollar amount of credit provided as part of the Small Business Administration’s 504 loan scheme during the past fiscal year. The firm extended in excess of $297 million in first-trust deed loans and roughly $233 million in second-trust [...]
Arcadian Health Plan, Inc. was recently awarded the prestigious 2011 Senior Choice Gold Award for its Northeast Community Care plan. The plan was recognized as the number one Medicare Advantage plan offered in the Portland- Cumberland County area. The award is bestowed by HealthMetrix research Inc., a nation-wide managed care research company that primarily provides [...]
Deloitte LLP recently announced the publication of a free online guide to tax and wealth planning, which has been designed to guide and advise taxpayers with their personal financial decisions with regards to the impending changes in legislation. This comprehensive, informative, yet easy to use guide was published under the title ’2011 Essential Tax and [...]
Hiscox USA and EMPLOYERS Holdings, Inc. recently announced details of a new partnership, through which they will begin to offer small businesses across the United States the ability to purchase workers’ compensation insurance quickly and easily over the internet or by phone, where they will be serviced and advised by licensed advisors. Douglas D. Dirks, [...]
Almost 25,000 mortgage modifications were conducted by Bank of America for economically stressed homeowners in the month of October for an increase of approximately 8,500 over September. About 22,400 of the October modifications were proprietary fixes organized by the bank, and 2,600 were changed from trial plans to permanent modifications via the government’s Home Affordable [...]
Virgin Money recently announced a 2-month extension of the 0% introductory period it offers new customers as a part of its balance transfer offer on its credit cards, and now gives its new customers 16 months’ worth of interest-free credit for purchases made within a sixty-day period of opening their account. Customers who transfer to [...]
The mortgage giant Fannie Mae (OTC:FNMA) recently announced details of a new pilot program that has been designed with a view to simplifying and standardizing the process of making an offer for and purchasing homes owned by Fannie Mae, for all buyers. This new online system is known as HomePath Online, and allows real estate [...]
The latest mortgage rate figures released by Bankrate.com in their weekly national survey indicate that mortgage rates were up again last week, making it the second consecutive week where mortgage rates have increased by a significant margin. The rate for the average conforming 30-year fixed mortgage is 4.62% according to Bankrate.com’s latest report, while the [...]
comScore, Inc., one of the leading sources of digital marketing intelligence, recently released their 2010 Online Property Insurance Report, which is a comprehensive overview of the online property insurance market. This report covers various aspects of the online property insurance market, such as the latest trends in the industry, profiles of people who purchase property [...]
