Alabama’s new marriage law: How to apply for a certificate Posted Aug 19, 2019 Facebook ShareTwitter Share1,267sharesBy Leada Gore | lgore@al.com Alabama’s new process for obtaining a marriage certificate is designed to make tying the knot easier but it will require couples to go through several steps. Starting Aug. 29, Alabama will no longer issue traditionalContinue reading
Monthly Archives: August 2020
‘We Could be Living in the 1890s’: How Housing Discrimination is Still Perpetuated Today
Brenda Richardson – Money.com – Monday, August 24, 2020 More than a half century after its passage, a landmark law promoting residential integration is being undermined by political attacks. Intended as a follow-up to the Civil Rights Act of 1964, the Fair Housing Act was signed by President Lyndon Johnson on April 11, 1968, daysContinue reading “‘We Could be Living in the 1890s’: How Housing Discrimination is Still Perpetuated Today”
Empowering military consumers–all year long
This is a joint blog by the Department of Defense (DoD), the FTC and the Consumer Financial Protection Bureau (CFPB).JUL 31, 2020 As we approach the end of Military Consumer Protection Month, it’s time to think about how we can support servicemembers all year long. Seven years ago, the Federal Trade Commission (FTC) launched MilitaryContinue reading “Empowering military consumers–all year long”
How does owner financing work? What homebuyers and sellers need to know
Erik J. Martin – Bankrate – Thursday, August 20, 2020 Buying or selling a home can be a complicated process. Sometimes, homebuyers have trouble qualifying for a mortgage. Other times, sellers yearn to cut through the red tape and net potentially more profit.The solution for both may be owner financing. Although not very common today,Continue reading “How does owner financing work? What homebuyers and sellers need to know”
Reverse mortgage pros and cons
Peter G. Miller – Bankrate – Wednesday, August 19, 2020 Reverse mortgages have become more attractive as a result of low mortgage rates, which have given homeowners the ability to access more of their home’s equity, even if its value hasn’t considerably gone up. In a reverse mortgage, this ultimately makes more money available toContinue reading “Reverse mortgage pros and cons”
A troubling tale of a Black man trying to refinance his mortgage
Diana Olick – CNBC – Wednesday, August 19, 2020 Black applicants are rejected by mortgage and mortgage refinancing lenders at much higher rates than Whites. Akili Akridge had all the right stats: a steady six-figure salary, an 800 FICO credit score, and 20% equity in a home. He experienced firsthand the persistent racial discrimination inContinue reading “A troubling tale of a Black man trying to refinance his mortgage”
Month-To-Month Lease??
A month-to-month lease is a contract between the landlord and tenant that establishes tenancy with no scheduled end date. Instead, either the landlord or tenant may terminate the contract at will, as long as proper notice is given. Most state or local laws require either 30, 60 or 90 days’ notice, but the lease agreement will specify.Continue reading “Month-To-Month Lease??”
What Do You Think?
OPINION: We’ll Protect America’s Suburbs We reject the ultra liberal view that the federal bureaucracy should dictate where and how people live. By President Donald Trump and HUD Secretary Ben Carson August 16, 2020 https://on.wsj.com/2Eb6mKR The crime and chaos in Democrat-run cities have gotten so bad that liberals are even getting out of Manhattan’s UpperContinue reading “What Do You Think?”
CoreLogic Reports Doubling in Delinquent Mortgages
The surge of mortgage delinquencies expected in the wake of the pandemic has apparently begun, and the numbers are stark. According to a report released today (Aug. 11) by CoreLogic (NYSE: CLGX), 7.3% of U.S. residential mortgages were in some state of delinquency — ranging from 30 days past due to already in foreclosure —Continue reading “CoreLogic Reports Doubling in Delinquent Mortgages”
Initial Forbearance Periods are Ending; Here’s What to Do Next
Jul 21, 2020 by Aly J. Yale The CARES Act threw property owners a bone back in March, allowing for up to 180-day forbearances on government- and GSE-backed mortgages. But it’s now been months, and for many, those initial grace periods are starting to expire. If you’re in this boat, that means two things: First, mortgage payments will begin toContinue reading “Initial Forbearance Periods are Ending; Here’s What to Do Next”
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