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National foreclosures increase in July

National Mortgage Professional
Nov 30, 2005

AIG United Guaranty helps students understand credit: Credit scoring games provided free to schools MortgagePress.comAIG,The Big Score To help high school students learn the importance of using credit responsibly, AIG United Guaranty is providing its credit score-teaching game for free. Titled "The Big Score," the game covers the history of credit scoring, the components of a consumer's credit score, ways to improve a low credit score and the meaning of credit score ranges. The game, a $140 retail value, will be offered through a partnership with the National Association of Mortgage Brokers and Distributive Education Clubs of America Incorporated (DECA), a student organization that supports the development of marketing and management skills in career areas such as finance, business administration, sales and service, entrepreneurship and hospitality. The game has been sent to 2,000 DECA clubs along the East Coast to be used as a component of credit scoring classes. "Our goal is for students to understand how their individual behaviors can impact their financial futures," said Christine Hagan, assistant vice president of Mortgage Industry Training. "The key is to teach financial responsibility before the students are offered credit cards, so they dont dig themselves into a financial hole before they even enter the working world." For more information, visit www.ugcorp.com.
Fifth Third Bank Expands Down Payment Assistance Program

The program will provide up to $3,600 towards a down payment for families with low to moderate income.

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Filo Mortgage Launches Low-Rate Guarantee

National mortgage lender Filo Mortgage is offering to beat competitors' pricing by $1,000 with its Low-Rate Guarantee.

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FAU Index Shows Where Consumers Should Buy Or Rent

Consumers are better off renting in cities like Dallas, Texas

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Verus Title Inc. Expands Into Dallas-Fort Worth Texas

Verus plans to take advantage of the Dallas-Fort Worth market before expanding throughout the state.

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Freddie Mac Multifamily Extends Forbearance Deadline To September

Freddie Mac Multifamily extended the deadline for requesting a new COVID-19 forbearance agreement for its Multifamily loans to September 30, 2021.

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Fannie Mae Launches 'Your Own Story' To Educate Future Homebuyers

Fannie Mae is seeking to help demystify the homebuying process for future homeowners with “Your Own Story.” A new campaign to educate future homebuyers on the entire process.

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