One of the issues that many people have been concerned with during this recession is what happens when a bank is seized by the FDIC. This is a matter of concern because the recession saw quite a few bank closings, and there are still hundreds of banks still on the FDIC watch list for potential […]
The post What Happens When Your Bank is Seized by the FDIC? appeared first on Good Financial Cents®.
Mortgage forbearances were down across the board in February, with the total number of loans currently in forbearance plans declining four basis points from January, according to the Mortgage Bankers Association. MBA reported Monday that 300,000 homeowners are in forbearance plans, representing 0.60% of servicers’ portfolio volume as of February 28. The improvement comes as … [Read more…]
Most distressed mortgages emerged from workouts intact in February but the chargeoff rates for auto loans and credit cards are up, in part due to steep housing costs that have contributed to high levels of household leverage. The majority or 76% of borrowers who completed post-forbearance workouts on distressed homes loans from 2020 on were … [Read more…]
Million-Dollar Homes Are Less Common As High Mortgage Rates Cool The Market Forbes
If you have federal student loans, you may have enjoyed a payment and interest pause for the past few years. But after receiving several extensions, the pause may be drawing to a close. While itâs still unclear when exactly the student loan forbearance will end, payments and interest accrual could resume in late August. However, […]
The post Student Loan Forbearance Extension: Can You Get One? appeared first on SoFi.
When at the point of wondering how to invest $200,000, that’s definitely a good sign. After all, having this amount to invest means youâre on the fast path to building long-term wealth. This is especially true if you can invest $200,000 and leave it alone for a decade or two, giving compound interest plenty of […]
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From regulatory to more practical issues, here are the hurdles on the road to Medicare coverage of cannabis.
If youâre tackling school debt and looking for ways to maximize your tax refund, one avenue to consider is the student loan interest deduction. This benefit allows you to take a tax deduction for the interest you paid on student loans that you took out for yourself, your spouse, or your dependents. The deduction can […]
The post How to Get the Student Loan Interest Deduction appeared first on SoFi.
As a real estate professional, it is your job to stay on top of market trends, pricing analysis, buyer and seller behavior, and tenant needs, and that includes new technology too. Like me, Iâm sure youâre stretched for time and bandwidth, and the thought of…
The post ChatGPT Best Practices for Landlords and Property Managers appeared first on GeekEstate Blog.