Tag Archives: mortgage

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Obama Pushes Proposal to Help Underwater Homeowners

The president urges Congress to provide mortgage relief to homeowners

President Obama on Wednesday called on Congress to make it easier for millions of homeowners…

By Joyce Jones

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Ask the Money Coach: Should You Walk Away from Mortgage Debt You Can’t Afford?

Carefully consider the potential pros and cons from walking away from your mortgage

How to carefully consider the potential pros and cons of walking away from your mortgage

By Lynnette Khalfani-Cox

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The Truth About ‘No Cost’ Loans from Home Lenders

Here's an estimate of what you can typically expect to pay for your mortgage

Here’s an estimate of what you can typically expect to pay for your mortgage

By Lynnette Khalfani-Cox

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4 Tips to Keep Your HUD Home Out of Foreclosure

With the HUD mortgage counseling budget eliminated, more homeowners are at risk for foreclosure

The ongoing foreclosure problem facing U.S. homeowners is about to get worse now that Congress…

By Lynnette Khalfani-Cox

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How to Navigate Stricter Mortgage Lending Guidelines

Six tips to help you prepare for a home purchase

Now is the ideal time to purchase a home. Interest rates are at historic lows…

By Robin White Goode

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New Study Shows 62 % Drop in Home Mortgage Approvals to Minorities

When the housing market collapsed, so did the number of home loans to Blacks and Latinos

Together, African-Americans and Hispanics were able to borrow 62 percent less to buy or refinance…

By Kenneth J. Cooper

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According to the 2010 Ariel Black Investor Survey, African Americans consistently saved and invested less than whites of similar incomes over the past decade. As BLACK ENTERPRISE CEO Earl "Butch" Graves, Jr. wrote in a recent Executive Memo: "Make money work for you, not against you. We must reverse this trend by taking a disciplined approach." For the February issue of BLACK ENTERPRISE magazine, I charged our Finance Editor John Simons and our Consumer Affairs Editor Sheiresa Ngo with wwweloping 10 power moves to improve our readers' finances. Follow these tips to better manage your money today an dreap huge benefits tomorrow!--Derek Dingle

10 Power Moves to Help You Better Manage Your Money

Simple steps to help you spend, save and invest smarter

According to the 2010 Ariel Black Investor Survey, African Americans consistently saved and invested less…

By Derek T. Dingle

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Though African American men and white men smoke cigarettes at roughly the same rate—25.5% compared with 23.6%—black men are 37% more likely to develop lung cancer and 22% more likely to die from it. For black women, lung cancer occurs at roughly the same rate as it does in white women, according to an American Lung Association report. Though the reason for the disparity is unclear, it appears to be the result of a confluence of factors such as genetics and access to healthcare.

Talking Points: What You Need to Know

Though African American men and white men smoke cigarettes at roughly the same rate—25.5% compared…

By Deborah Creighton Skinner

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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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NAACP Drops Lawsuit Against Wells Fargo

Bank, group plan to work to improve financial literacy for blacks

The NAACP announced that it has dropped its mortgage-discrimination lawsuit against Wells Fargo Bank.

By Deborah Creighton Skinner

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