Posts tagged "debt"

How much mortgage debt is there in the USA?


Given all the concerns about the credit in this country, and subprime mortgages, I was curious that the total amount of mortgage debt is at home. There are about 110 million households in the country, with 70% of which belong to residents. They say there are 75 million households owned. Not all mortgages, but if not 70 million, and the amount of the mortgage on the house average is $ 200,000, which is emerging from a $ 14 billion of mortgage debt fear the United States. If only 2% of default, the amount of bad mortgages is $ 280 billion. You may of course be much more élevé.Est anyone know what the total mortgage debt per household in total? This is a real problem that could affect the economy.

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Posted by jedwan - December 27, 2011 at 5:39 am

Categories: Mortgage   Tags: , , , , , , , , , ,

Ambase debt could delay Home sale. : An article from: National Underwriter Property & Casualty-Risk & Benefits Management


Product DescriptionThis digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company January 14, 1991. The length of this article has 513 words. The page length shown above is based on a type of 300 pages of text. The article is delivered in HTML format and is available in your Amazon. com Digital Locker immediately after purchase. You can view with any web browser. Citation Details. . . More>>
Ambase debt could delay Home sale. : An article from: National Underwriter Property & Casualty-Risk & Benefits Management

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Posted by jedwan - November 21, 2011 at 7:26 am

Categories: Home Insurance   Tags: , , , , , , , , , , , , , , , , , , , , , ,

Joint Account – More Income But Lower Credit Score

I'm thinking of applying for a signature loan through my credit union for a business loan (3-4K). Also, my girlfriend and I plan on financing furniture but after reading about the effects of CFL's I'm hesitant to do so (even though I don't plan on buying a house or car in the next 3 years). So I was thinking about applying for a larger loan from my credit union to pay for the furniture and business, but I think it would be better to apply jointly because of the amount of income we make combined but her credit is bad

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Posted by jedwan - May 9, 2011 at 4:52 pm

Categories: General Credit   Tags: , , , , , , , , , ,

HELP ASAP – CA wants to report debt to CRA TODAY – PLEASE HELP

Ok Hubby just got a call from a CA handling a Tmobile bill that I know we owe but here is the deal.   I was trying to work with Tmobile b/c I was not paying eartly term fees on these lines as we weren't getting good signal at all

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Posted by jedwan - May 3, 2011 at 5:35 pm

Categories: General Credit   Tags: , , , , , , , , , , , ,

Wife’s credit in a community property state…

Can anyone shed any light on the following.

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Posted by jedwan - April 18, 2011 at 5:19 pm

Categories: General Credit   Tags: , , , , , ,

What to pay off first?

I currently have a about $72800 in tradelines.  I am using about $10K of that on one card that has 0% interest until Oct 2011.   All the other cards are at $0.   I also have a $25K balance signature loan that I am paying also (8%).  I will be in the market for a home purchase around the Sep time frame (5 months).  My EQ fico score is 769.  I have about $4K to pay each month towards my debt.  So, in order to give my FICO score the best "BOOST ADVANTAGE" for a home purchase, which should I concentrate on paying down first?  The Credit Card or the Sig Loan?    Thanks, all! 

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Posted by jedwan -  at 12:18 pm

Categories: General Credit   Tags: , , , , , , , , , ,

Collection agency

Need HELP fast....

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Posted by jedwan - April 6, 2011 at 5:57 am

Categories: General Credit   Tags: , , , , , , , , , ,

Past 30 days for debt collector to validate debt – Lawsuit

I am being sued by a debt collector.

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Posted by jedwan - April 2, 2011 at 1:47 pm

Categories: Mortgage   Tags: , , , , , , ,

Collecting monies owed to me after estate is settled

I am hoping you can give me some information. I have incurred a property tax debt due to a house (which was part of an estate) being on my property for two years

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Posted by jedwan - March 31, 2011 at 5:25 pm

Categories: Mortgage   Tags: , , , , , , ,

Joint accounts and debt to income ratio

I have a mortgage on my report.  I no longer pay the mortgage as I gave it to my ex-wife in our divorce, but I am still on it nonetheless.    Since it is a joint account, if I am applying for a loan, how do lenders view it?  Would they view all of it as being my debt, or just half of it my debt?  The mortgage is $1200 a month and it puts me at 37% debt to income ratio, 1% over the 36% ratio limit most like to see.  I have no other debts.   Thanks!

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Posted by jedwan -  at 2:54 am

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