The national average APR rose to 15.01 percent Wednesday, after remaining at 15 percent for six straight weeks. This is just the seventh time this year that the national average has risen.
The news broke on Friday and it was a whopper. It’s believed 3.6 million social security numbers and close to 400,000 credit card accounts were exposed when a number of cyber attacks were carried out on the South Carolina Department of Revenue.
Ever wondered who has the highest credit score in the country? Did you even know it’s actually a statistic that’s well-kept every year? Meet Tom Pavelka, the man with the highest credit score in the United States.
Cincinnati – Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank, and the 13th largest originator in the country (Inside Mortgage Finance, Second Quarter 2012) continues to outpace the industry in permanent modifications in the government's Home Affordable Modification Program (HAMP).
Just when you think it’s safe to assume the worst is over in the struggling mortgage sector, another kind of fraud makes its way into the spotlight. This time, it’s mortgage flopping and here’s why it’s called an actual fraud.