Debt Consolidation USA Dissects Fannie Mae And Freddie Mac

New York, NY (PRWEB) November 07, 2014

Debt Consolidation USA recently discussed in an article published October 30, 2014 how Fannie Mae And Freddie Mac affects the economy particularly the housing market. The article titled “Fannie Mae And Freddie Mac, Boom Or Bust?” digs into the role and purpose of the two entities to understand if they are really helping the economy or if they pose a threat to it.

The article starts off by explaining how Fannie Mae and Freddie Mac are the two major companies in the mortgage industry in the country. While almost everyone will have heard of them, there are not that many that understand what they do and what a vital role they play in financing American homeownership

Fannie Mae and Freddie Mac purchase and guarantee mortgages through the secondary mortgage market, but they do not provide mortgages. It explains further how these two institutions functions by guaranteeing a mortgage loan. It is quite different compared to how private lenders offer mortgage loans.

The way it works is that those that originally obtain the mortgage from the average homeowner sell these mortgages to Fannie Mae and Freddie Mac, or they exchange mortgage pools for mortgage backed securities which are backed by those same mortgages but that carry the guarantee of timely payment of the principal plus interest to the security holder.

The article also points outs that Fannie Mae and Freddie Mac are government sponsored enterprises, and both were created by Congress, Fannie Mae in 1938 and Freddie Mac in 1970. And in accordance with their policies, Fannie Mae and Freddie Mac have a purpose to provide a steady stream of low-cost funds for mortgages.

Many people feel that they pose too large a risk to the economy for having so much risk concentrated in only two companies as they manage an immense amount of credit and interest rate risk. Some even believe that Fannie Mae and Freddie Mac has an unfair advantage as they can offer rates that are unavailable to other corporations. To read the article, click this link:

Debt Consolidation USA Explains Some Most Common Financial Challenges of a Consumer

Miami, FL (PRWEB) August 23, 2014

Debt Consolidation USA shares in an article recently published last August 22, 2014 some of the most common financial challenges a consumer goes through. The article titled “Part 2: American Consumer Habits For 6 Different Financial Areas In A Household” explains where the budget is a little bit challenged.

The article starts off by sharing that improvements were seen in two financial areas of a consumer’s life. These are in the areas of mortgage and savings. There are a good number of consumers who are able to budget their mortgage payments and the put together a decent savings account for future use.

One of the top areas where consumers are having a hard time financially is credit availability. The article shares that 1 out of 3 consumers who applied a credit instrument were turned down or were only approved to borrow a lesser amount of money. This means that there are quite a few consumers who does not have a good credit score.

College finances or student loans is another area that is challenging the finances of American consumers. The article shares that a recent survey revealed that the average college debt amount that a consumer has is at around $ 27,840. There are also consumers who admitted to having a difficult time with repayment where some has already defaulted and their account is already in collections.

The article also shares how consumers are having a hard time in planning their retirement fund. A survey showed that 25% of consumers about to enter retirement age does not have an idea how they will pay for expenses once retirement happens. And there are also almost the same number of Americans who plans to work as long as possible just to have enough for retirement.

The article also explains how consumers can improve financial habits to address the challenges in their finances. To read the rest of the article, click on this link:

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3 Best Credit Consolidation Loan Companies in Bismarck, North Dakota Announced by Best Debt Consolidation Loans

Bismarck, ND (PRWEB) March 26, 2014

Best Debt Consolidation Loans have provided consumers in Bismarck and the rest of North Dakota with a list of the top companies that offer the best credit consolidation loan program. Interested consumers simply have to go to to view the list that are ranked according to three criteria.

The first quality that the reviewers look into is the type of debt solution being offered to clients. The second involves reasonable fees and the last is all about customer satisfaction. These are the qualities that helped the reviewers of Best Debt Consolidation Loans in ranking which among the companies servicing North Dakota is the best.

In the end, the debt relief website posted these three companies as the top ranking credit consolidation loan program providers.

1. National Debt Relief. With a perfect 5 star rating, National Debt Relief landed the top spot on the list. They have consistently received an A rating with the Better Business Bureau and that proves just how great their customer service really is. This type of rating only means they have a high customer satisfaction level. That is to be expected because National Debt Relief typically provide consumers with custom debt solutions that are dependent on their unique debt and financial situation. With $ 7,500 debts or more, residents of North Dakota can avail of their service and get the peace of mind that comes with having the best debt expert working on their credit problems.

2. CuraDebt. The second company got 4 ½ stars from the reviewers of Best Debt Consolidation Loans. CuraDebt is known for being one of the first in the debt relief industry and they have established respectable working relationships with credit card companies already. This means they are in a great position to negotiate the credit card debt of their clients. Like National Debt Relief, they also offer customer debt solutions but their debt requirement is $ 10,000 or more. The company can also provide more than just credit card debt relief. They can help with tax debts, defaulted loans and student debt.

3. American Debt Enders. The third company is American Debt Enders with a 4 star rating. This company has a high customer satisfaction rating because they have the most compassionate and honest debt experts in the industry. If the consumer has $ 5,000 or more, they can avail of the service of this company. Their debt solutions are effective and they also offer credit repair services. Consumers can easily find information about their service through their well built website – which is very informative.

Best Debt Consolidation Loans encourage North Dakota consumers to do their own research about these companies to make sure that they are the perfect professional to help them. The reviewers of the site took extra care to be unbiased but that does not mean the consumer should not do any research anymore.

To view the complete review about the companies, visit the Best Debt Consolidation Loans website.

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Eliminate Debt Fast Without Bankruptcy Or Debt Consolidation
Eliminate Debt Fast Without Bankruptcy Or Debt Consolidation
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Eliminate Debt Fast Without Bankruptcy Or Debt Consolidation

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