home mortgage loans
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Trump Plan for Home Loans Stokes Fears of Higher Mortgage Rates for Would-Be Homebuyers
Housing advocates fear a Trump administration plan to return federal mortgage backers Fannie Mae and Freddie Mac to the private sector will increase the cost of house loans and make it harder for low-income and disadvantaged communities to buy homes. Fannie Mae and Freddie Mac are the government-controlled companies that help provide money for the…
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Goodbye, Payday Loans; Hello, Helpful Tech Startups and Other Options for 'Distressed Borrowers'
Right now in America, millions of consumers are considered “distressed borrowers.” These are people who can’t qualify for a credit card, get a mortgage to buy a home or take out an affordable personal loan to cover an emergency expense. And because the options that are available—typically, payday or car-title loans—don’t report to major credit…