Finance

Jun 21 2018

Mortgage giants make it easier for retirees to secure loans – The Washington Post

#realestatepage, #mortgage #standards, #retirement #income, #freddie #mac, #fannie #mae, #refinancing, #social #security # Mortgage giants make it easier for retirees to secure loans Here’s a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren’t sufficient to qualify for a mortgage under today’s tough underwriting standards: Thanks to a rule change by the largest players in the home loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you want . That, in turn, might open the door to a money-saving refinancing to a lower-rate …

Aug 12 2017

Citi Subsidiary The Student Loan Corporation Sells Securitized FFELP Assets to Sallie Mae #loan #calulator

#student loan corporation # Citi Subsidiary The Student Loan Corporation Sells Securitized FFELP Assets to Sallie Mae The Student Loan Corporation to be Acquired by Discover Financial Services Transactions to Reduce Citi Holdings Assets by $32 Billion New York Citi today announced that The Student Loan Corporation (“SLC”), an indirect subsidiary that is 80 percent owned by Citibank and 20 percent owned by public shareholders, has entered into definitive agreements that will result in the divestiture of Citi’s private student loan business and approximately $32 billion of its approximately $46 billion in assets to Discover Financial Services (“Discover”) and SLM …

Aug 5 2017

Refinance Calculator: Fannie Mae #auto #body

#refinance auto loan calculator # Refinance Calculator This calculator returns information based on your inputs regarding your existing mortgage information. It is important that you provide accurate information in order to receive more realistic results. This calculator can only provide a general overview of your situation based on the information you provide. Your mortgage company may use different information to determine eligibility and your individual results may vary from the results shown by this calculator. Calculate Results Please Note: These results have been calculated based on your inputs regarding your existing mortgage information. Your mortgage company may consider additional factors …

Jul 22 2017

Woman s On The Hook For A $25, 000 Sallie Mae Student Loan #educational #loan

#25000 loan # This Woman’s On The Hook For A $25,000 Private Student Loan She Never Knew Existed Photo used with permission my Alice Cortes Alice Cortes, 57, would be able to end her $25,000 student loan nightmare if only she could answer one question: Who is Jorge Torres? According to private student lender Sallie Mae, Torres was listed as Cortes’ co-tenant and the person they notified when she allegedly defaulted on a $13,000 Parents PLUS loan issued on behalf of her son, Brandon, in 2002. At the time, Brandon had enrolled to study IT network administration at the for-profit technology …

Jul 6 2017

Refinance Calculator: Fannie Mae #auto #loan #amortization

#refinance auto loan calculator # Refinance Calculator This calculator returns information based on your inputs regarding your existing mortgage information. It is important that you provide accurate information in order to receive more realistic results. This calculator can only provide a general overview of your situation based on the information you provide. Your mortgage company may use different information to determine eligibility and your individual results may vary from the results shown by this calculator. Calculate Results Please Note: These results have been calculated based on your inputs regarding your existing mortgage information. Your mortgage company may consider additional factors …

Nov 14 2016

Citi Student Loan sold to Sallie Mae – myFICO® Forums #loans #for #bad #credit #instant #decision

#citi student loans # I have so many student loan issues that I confused them. THIS IS A FEDERAL STUDENT LOAN! I originally talked to a representative of Sal Mae that didn’t see the late payment, and told me to send a letter and copy of my CR showing the late payment. I sent the letter and they confirmed the payment as 90 days late. I called Sal Mae again, and talked to a supervisor who confirmed that the bill was late when it got to Sal Mae. This sounds HIGHLY ILLEGAL to me. Correct me if I am wrong, …

Nov 10 2016

How to Refinance Sallie Mae Student Loans #short #term #loans #no #credit #check

#refinance student loans # How to Refinance Sallie Mae Student Loans Refinancing a Sallie Mae student loan cuts down on your monthly loan payments. In some cases, you may qualify for a refinancing loan directly from Sallie Mae. In others, you may have to approach an outside lender for the refinancing. Pay close attention to all the details on a refinancing agreement. If you are refinancing the student loan with a personal loan, you will lose access to any protections and entitlements of the student loan. Contact a loan officer at Sallie Mae and discuss your intent to refinance your …

Oct 23 2016

Home Affordable Refinance Program (HARP): Fannie Mae #subsidized #student #loans

#harp loan program # Home Affordable Refinance Program (HARP) The government’s Home Affordable Refinance Program (HARP) has been expanded to help more homeowners qualify for refinancing their mortgage. Even those with little or no equity available may take advantage of low interest rates, and other refinancing benefits. “Whether you’re looking to refinance a property you live in, or an investment property, find out if you qualify for this amazing program.” What is HARP? HARP is unique—it’s the only refinance program that enables eligible borrowers with little to no equity in their homes to take advantage of low interest rates and …