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Home Equity Lines Of Credit: The Next Looming Disaster?

In a previous REAL ESTATE CHANNEL article , I discussed the madness of borrowing through home equity lines of credit (HELOC) during the bubble years. Now is a good time to take an in-depth look at these second liens and the dangers they pose for the housing market and the large banks.

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Fiserv Renames Loan Servicing Platform to LoanServ

BROOKFIELD, Wis.----Fiserv, Inc. , the leading global provider of financial services technology solutions, today announced the rename of its Loan Servicing Platform to LoanServ™. As a single-platform, real-time solution, LoanServ combines mortgage loans, consumer loans, indirect financing, home equity loans and lines-of-credit and distressed-loan functionality into one core system so that all of ...

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A private equity in political reform

Beijing -- Numbers in China are hard to come by, and statistics everywhere are notoriously worse than lies. However, the trend is certain – China is in the middle of a Private Equity (PE) craze.

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Good time to shorten your mortgage?

Lower rates on 15-year mortgages are presenting an attractive option: Trading in 30-year loans for shorter versions.

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HomeFinder.com Awards $25,000 in Total Cash Prizes to Three First Time Home Buyers in Cash to Close Sweepstakes

HomeFinder.com , a popular home search site, launched the HomeFinder.com Cash to Close Sweepstakes June 1 with the hope of helping three potential buyers realize their dream of buying a home.

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