Debt Management, mortgage and credit news - a blog for the average consumer.

Fees coming down on reverse mortgages

The market is finally waking up to the fact that there is money to be made in reverse mortgages, and that is good news for the rest of us. More competition should quickly bring …

Mortgage deliquencies rise. What can you do?

Subprime mortgages — those made to borrowers with less than good credit at higher than usual interest rates — are in trouble. Lenders now admit they got too loose with their requirements in 2003 …

A freeze on your credit account can stop identity theft.

If you put a “freeze” on your credit accounts at the three major credit agencies, they will not issue a credit report to anyone unless you take the freeze off. With no credit reports, …