Mortgage, debt management and personal finance in the news.

Income from Social Security and Disability cannot be attached.

According to the Wall Street Journal, unscrupulous debt collectors are going to court to get attachments on bank accounts in which all or most of the money comes from social security checks. Electronic records …

What mortgage brokers don’t say may be much more important than what they do.

I got a letter the other day from a mortgage broker saying they had great news about my loan funded at a bank with which I have never done business. Their next claim …

Consumers reducing borrowing with home equity loans.

According to the Wall Street Journal, consumers have reduced their demand for home equity loans, probably because they are concerned about the market value of their homes.

For the first time since 1999, …

Watch out for Fraudulent Help with your Debt and Credit Problems.

One one page of one paper recently I saw three ads for credit repair of one kind or another. Headlines were:

1. “Do you have too much debt?….. we may be able to …