Displaying articles for: August 2010

Fannie Mae Wants You to Know Your Options

by ‎08-16-2010 05:24 PM - edited ‎08-16-2010 05:24 PM

If you're looking for help on your current mortgage, you probably wouldn't think of turning to Fannie Mae. Although it's a giant in the real estate industry, Fannie Mae has always focused more on lenders and securities, and less on individual homeowners. So I was thrilled to learn that Fannie Mae just launched a new website for people struggling to pay their mortgage. The site helps visitors clearly understand their options so they know what to do to stay in their homes. I highly recommend it.

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FICO Credit Scores for the College Bound

by on ‎08-04-2010 11:53 AM

As a parent of two college-age students, my idea of "back to school" has clearly taken on new meaning since I left for college in the late 1960's. Back then, tuition was $50 a semester, the plane ride from my home in Los Angeles to college in San Francisco was less than $20, and the only "card" in my wallet was a military draft card. And when I arrived on campus, there was neither a Bankamericard rep sitting at a card table offering me free pizza and a t-shirt for opening an account, nor did I know that 25 years later I would be concerned about something called a FICO credit score.

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