Latest Data From Fannie Mae’s Housing Report

27 Jun 2011 | by Billy Miller | No Comments »

Fannie Mae is The Federal National Mortgage Association (FNMA). Fannie Mae operates in the U.S. secondary mortgage market and works with mortgage bankers, brokers and other primary mortgage market partners to help ensure they have funds to lend to home buyers at affordable rates.

Fannie has been conducting a survey called the “Fannie Mae National Housing Survey” for the following times: first quarter 2011, fourth quarter 2010, January 2010, June 2010 and December 2003.  The survey covers opinions on owning and renting a home, current household finances, view of U.S. finance system and confidence in the economy. The

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Discover Personal Payments: Send Cash, Earn Rewards

27 Jun 2011 | by Porfirio Hillman | No Comments »

The personal payments space has been heating up lately, with Visa announcing its Personal Payments system, Amex rolling out its digital payment and commerce platform called Serve, and MasterCard also forming its plans for its own personal payments offering.

Not to be left behind, Discover has partnered with PayPal to establish its own payments system dubbed Discover Money Messenger. Discover Money Messenger allows Discover Card holders to send money to nearly anyone for free, and earn rewards on the money sent at the same time.

As the person sending the money, you do not need to have a PayPal account. The recipient of the funds, however, does need to have a PayPal account to claim the funds, though they need not be a Discover cardholder.

Sending money is free and the amount is charged to your Discover card account like a purchase that earns rewards.

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Banks Announce Fee Waivers for Credit Card Donations to Japan Disaster Assistance

25 Jun 2011 | by Billy Miller | No Comments »

VISA and MasterCard, along with many major banks such as J. P. Morgan Chase, Wells Fargo, and Bank of America, have announced not only their own monetary contributions to Japan’s disaster relief, but also have decided to waive the interchange fees on donations to major charities assisting in the relief efforts.

Waiving the interchange fees will make a significant difference in the total amount of monies received by the charities as interchange fees are the largest percentage of the fees collected by credit card companies.

Some of the banks and credit card issuing companies have placed a time-limit on fee waivers. VISA will not charge fees on donations to Japan relief funds through April 30 and MasterCard through May 15.

MasterCard and VISA, along with several of the banks, have created lists of charities not being charged interchange fees for donations to the disaster relief funds. T

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Simple and Easy Auto Title Loans

24 Jun 2011 | by Admin | No Comments »

Many people have found out that getting a bank loan on their car is not only a lengthy process but also very tiresome. It takes a long time to get the loan approved and funded which is not usually a scenario looked forward by people. In such cases the financial institutions which provide the title loans to people are a boon. Title loans are short term loans provided by the company. These loans are easy to get and simple in procedure. For this same reason many people still opt for these auto title loans whenever the need arises. One of the main advantages of these auto title loans is that the keys are not required and the person can keep the car for themselves. Unlike the bank loans there will be no credit card check and the loan will be approved in a matter of minutes.

Many of the financial institutions which provide these auto title loans have been in business for many years. Full Post…