Tag Archives: Homeownership

Dealing With Debt: 5 Reasons You’re Headed for Financial Ruin

Everything you need to know to tame your debt and keep it under control

Check out these five financial blunders that will lead you to ruin.

By Renita Burns

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Senate Overwhelmingly Approves Consumer Protection Bill

Legislation will protect blacks from discriminatory financial practices

The Senate voted Thursday to pass a Wall Street reform bill, which includes major reforms…

By Joyce Jones

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Foreclosing as a Financial Strategy

It's called strategic defaulting, and more homeowners are doing it

Fannie Mae recently announced that it would penalize borrowers who purposely forego their home loan…

By John Simons

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Administration Approves $1.5 Billion in Aid for Homeowners

Fund encourages states to develop less stringent solutions to prevent foreclosure

The U.S. Treasury announced Thursday that it has approved $1.5 billion in Hardest Hit Fund…

By Joyce Jones

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You Better Shop Around

Four steps to getting the best deal on a home loan

Some 92% of homebuyers finance their purchase with a mortgage, according to the National Association…

By Tara-Nicholle Nelson

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Your House is a Home—Not an ATM

Although property can serve as a valuable wealth-building too, it also serves a practical purpose�it's where you live

The nation may be in recovery mode but millions are still stuck in a financial…

By Earl "Butch" Graves Jr.

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African American Wealth Gap Quadruples

High-income blacks have less wealth than middle-class whites

The wealth gap between white and African-American families has increased more than four times between…

By Deborah Creighton Skinner

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Rewriting the Financial Playbook

Pro athlete turned corporate executive Malcolm Johnson is on his game in helping his family prosper

Malcolm Johnson has had a good handle on his money since retiring seven years ago…

By Carolyn M. Brown

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Overview: The White House’s Financial Reform Plan

Enforcing common-sense rules for consumers, investors

The White House issued a fact sheet on how the president’s financial reform plan will…

By BlackEnterprise.com

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Don’t Walk Away

Weigh the pros and cons before you walk away from your home

Until recently, owning a home was the wealth-building move. These days, many homeowners are contending…

By Tara-Nicholle Nelson

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The Homebuyer’s Toolkit: Do it Yourself!

Today's lesson: Patching a hole in your drywall

From time to time, you may have to make interior improvements to your home such…

By LaToya M. Smith

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Staying on Track

Dasha Lundy seeks to establish a strong financial foundation-with or without a mate

Like mother, like daughter. And that’s just fine by Dasha Lundy. Her mother taught her…

By Sheryl Nance-Nash

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The Homebuyer’s Toolkit: Choosing the Right Neighborhood

When purchasing a home, it�s all about location, location, location

Found the perfect house? Make sure the environment is equally ideal. There’s nothing to be…

By LaToya M. Smith

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When Should You Refinance?

How to know when it�s time to apply for new mortgage terms

When 32-year-old James W. Johnson of Raleigh, North Carolina, bought his first home five years…

By Tamara E. Holmes

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How to Get Your Property Taxes Lowered

If there was a way you could save $3,500 with 30 minutes’ worth of effort,…

By Tara-Nicholle Nelson

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A Woman’s Guide to Money Management

Now is the time to plan your financial future

Creating a financial plan should be on everyone’s to-do list. Financial planning is not solely…

By Sheiresa Ngo

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Credit Inquiries—Hard Pulls vs. Soft Pulls

Here's the lowdown on how multiple inquiries impact your credit score

Learn how certain types of inquiries on your credit report can impact your credit standing.

By LaToya M. Smith

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Demystifying the Mortgage Modification Process

Rainbow/PUSH Coalition counselor advises delinquent homeowners

Loan modification counselor discusses when homeowners should modify their loan, why banks are not modifying…

By Marcia Wade Talbert

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The Homebuyer’s Toolkit: Condo or Co-Op?

What you need to know before buying a condo or co-op

If shoveling snow, mowing the lawn, and general maintenance is not up your alley then…

By LaToya M. Smith

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Money Matters: Should I Ditch My Home?

Maintain your mortgage payments (if you can) even if you're "underwater"

I don’t have equity in the home I bought three years ago. When is it…

By John Simons

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