Can the Mortgage Professionals Tell Me Who Owns NAMB Enterprises, LLC?

Or is NAMB Enterprises, LLC a secret society dedicated to the promotion of unethical practices? Perhaps the facts, as we find them, will speak for themselves. Mortgage Professionals: please help me put the puzzle together. Post any relevant factual information you have in the comment section. Here is what I have unraveled so far… NAMB…

National Association of Independent Housing Professionals (NAIHP) asks Obama to “Suspend” Harmful Rules

Washington, DC – the National Association of Independent Housing Professionals (NAIHP) has asked President Obama to suspend several regulatory agency rules that have created harmful consequences for consumers and small business. In a letter dated June 13, 2011, NAIHP President Marc Savitt, told Mr. Obama, “As you are well aware, this country is experiencing the…

How To Beat Bad Credit: CredNet’s Top 5 Credit Misconceptions

Article Written By: Ryan McElveen Credit is one of the most important, and one of the least understood, facets of our global economy.  Consumer credit allows for greater consumer spending, in the form of home purchases, auto purchases, personal loans, and credit cards.  Leverage, however, multiplies both the upside and downside of the risk-reward parity. …

What kind of credit score do you need to buy a home? Our credit is 640, can we buy?

What kind of credit score do you need to buy a home? Our credit is 640, can we buy?

Thank you for your email. My first suggestion is clean up your credit rating and become more financially responsible.  It will help our entire Nation Currently some lenders will lend to people with 620 credit score and above to buy a home.  On the street the news is Wells Fargo is doing to 580 but this is not confirmed….