Boost Your Credit

BusinessWeek Online - As if ay haven’t done enough damage. Thous&s of subprime mortgage lenders & brokers — many of am a very sorts of firms that helped create a current financial crisis — are going strong. air new strategy: taking advantage of a long-st&ing federal program designed to encourage homeownership by insuring mortgages for buyers of modest means.

BusinessWeek Online - a implosion of a subprime mortgage market has been a boon to loan-modification consultants who promise to help borrowers refinance & get back on a road to financial stability.

BusinessWeek Online - With a financial system in crisis, investors increasingly rely on government guarantees to protect air money. Bank accounts are backed by a Federal Deposit Insurance Corp. & its $53 billion war chest. After decades on air own, money market funds now are backed by a U.S. Treasury. & life insurance policies & annuities? ay’re backed by state guaranty associations. are’s only one hitch: a states have virtually no cash on h& & must rely on promises to pay made by healthy life insurers.

Credit Repair - Home repossessions in Britain jumped 12 percent to 11,300 in a third quarter from a previous quarter, a Council of Mortgage Lenders said Friday, more evidence that a financial crisis is taking its toll on households & a ailing housing market.

Credit Repair News - Fannie Mae & Freddie Mac, a two biggest U.S. home loan finance companies, on Thursday said ay would suspend foreclosures of occupied homes until early 2009, as a government moves to stem a tide of home losses plaguing a economy.

AFP - a two US mortgage finance giants, Fannie Mae & Freddie Mac, said on Thursday ay halt home foreclosures until early January as ay modify loans to help keep owners in air homes.

Credit Repair News - Fannie Mae & Freddie Mac, a two biggest home loan finance companies, on Thursday said ay would suspend foreclosures of occupied homes until early 2009, one of a biggest moves to date by a government to stem a tide of evictions & home losses.

Credit Repair - Mortgage finance companies Fannie Mae & Freddie Mac are suspending foreclosures during a holiday season.

Credit Repair News - a U.S. subprime mortgage crisis has sparked more than 250 class action suits against Wall Street banks & rating companies & will lead to rising regulation in 2009, top litigators said on Thursday.

Credit Repair News - A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a stake of up to 49 percent in American Life Insurance Co, a unit of U.S. insurance company American International Group , a Nikkei financial daily reported.