Did You Know

Arizona Trivia Fifteen tons of copper were used in the construction of the Arizona State Capitol’s dome. This is equivalent to the amount of copper used to create 4.8 million pennies. On February 14, 1912, when President William H. Taft signed the proclamation making Arizona the 18th state, cameras rolled. That signing was the first presidential [...]

FICO Reveals How Common Credit Mistakes Affect Scores Disclosed for the 1st time, ‘damage points’ taken off for late payments The greater transparency about FICO scores is important because American consumers’ ability to get credit rises and falls with the number. FICO, the company that pioneered credit scoring, assigns consumers a three-digit number from 300 [...]

The proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery. Nearly 10.7 million households had negative equity in their homes in the third quarter, according to First American CoreLogic, a real-estate information company based in Santa Ana, [...]

Short-sale approval is often contingent on the buyer and seller making concessions. This means that the lender could ask the buyers to pay a higher price. The seller could be asked to bring money into escrow so that the lender nets more from the sale than the contract provides. If either party is unable or [...]

A recent report from the Pew Research Center found that older adults feel younger out west. Fully 78% of adults ages 65 and older who live in the West say they don’t feel old, compared with 67% of older adults who live in the rest of the country. Not that we’re tooting our own horn [...]