With huge amounts of outstanding debt following many Americans the topic of credit score has been on everyone’s mind. It doesn’t matter if you are attempting a short sale in order to save your credit or just thinking about paying off your bills. It seems like if your credit is not absolutely perfect these days [...]

Due to the increase in mortgage defaults, the Federal Housing Administration (FHA) is changing its lending criteria. As we all know, FHA is not directly involved in lending but it insures the lenders in case the borrowers default their mortgage dues. FHA has proposed changes regarding the insurance premiums, mortgage down payments etc.