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IMPORTANT: Bing News RSS feed has moved!Metro Toledo’s rate of late mortgage payments fell in September, but its foreclosure rate increased, a new report shows. Homeowners who were 90 days or more late in loan payments were 6.50 percent of total area mortgage-holders in September ... Read moreLate payments in Toledo down, foreclosures upMortgage delinquency rates — the ratio of borrowers ... The situation with credit cards is much stronger. Card delinquencies — payments late by 90 days or more — dropped to their lowest levels in 17 years during the spring, then saw ... Read moreMortgage delinquencies expected to decreaseBut the new Home Affordable Refinance Program is seen as a possible game-changer even for homeowners who are underwater but who have stayed employed and continue making their payments. Homeowners who have missed mortgage payments in the past six ... Read moreMortgage refinance program launchesBorrowers with a loan-to-value ratio of more than 80 percent. » Borrowers who are current on their mortgage with no late payment in the past six months and no more than one late payment in the past 12 months. Assuming a person owes $200,000 on ... Read moreMortgage refi program starts, lenders can accept HARP 2.0 inquiries ThursdayLet's take a look at each. Post-Bankruptcy Mortgage Payments Lenders are going to be less-than-impressed with your post-bankruptcy late mortgage payments. To want to refinance, they need to see the applicant's stabilized financial situation ... Read moreRefinance After Bankruptcy and Late Payments?I’m the kind of customer that mortgage companies love. Just the thought of being late with a house payment is enough to make me have a walleyed fit. Years ago when I was out of the country on holiday, I was about a week later than usual ... Read moreLong home-foreclosure process means free digs for someAccording to Geffre's complaint, her late husband, Thomas Geffre ... the lawsuit said. The original monthly mortgage payments were roughly $1,200, Geffre said, and under the modification agreement, they had been lowered to about $800. Read moreASU unit a new ally in mortgage battle vs. bankHowever, if the mortgage loan is a positive item -- meaning you have never had any late payments and always paid as agreed -- then paying it off may give your credit score a little boost. And the paid-off mortgage loan will remain on your credit ... Read moreWill Paying off Mortgage Raise 600 Credit Score?Mortgage delinquency rates—the ratio of borrowers 60 ... The situation with credit cards is much stronger. Card delinquencies—payments late by 90 days or more—dropped to their lowest levels in 17 years during the spring, then saw a slight ... Read moreFor additional information, please see:
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