First Crystal Lagoon Community being built in Wesley Chapel, Florida

A Crystal Lagoon, the first one in the United States, is coming to Epperson. It’s an enormous 8 acre, 16 million gallon swimming pool that will stretch the length of five football fields. It will be 200 feet wide and up to 8 feet deep with a series of “arms” stretching out. Each “arm” of the lagoon off the center will be about 1/4 mile long!

Credit Score Impact on Purchase Power

View image | gettyimages.com Q&A: FICO executive on credit scoring changes NEW YORK (AP) – July 13, 2015 – Your credit score is an important bit of information that determines a lot about your financial life. But if you wanted to be in the loop, it came with a price tag. That never seemed fair, […]

Monitor: Big banks satisfy mortgage settlement

  WASHINGTON – March 19, 2014 – The nation’s four biggest banks slashed billions of dollars from mortgages and other debts, enough to satisfy their obligations under a national mortgage settlement that stemmed from so-called robo-signing. A report on Tuesday from the monitor overseeing the settlement says Bank of America Corp., JPMorgan Chase & Co., […]

Mortgage credit a bit easier to get in Feb.

WASHINGTON – March 12, 2014 – Mortgage credit availability increased slightly in February, according to the Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers Association (MBA). “For the third month in a row, mortgage lenders and investors slightly expanded credit offerings in February on net, as a result of offsetting factors,” says Mike Fratantoni, […]

Mortgage Applications Down

Mortgage applications decreased 2.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 7, 2014. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.1% on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the […]

Plan for Mortgage Giants Takes Shape

Nearly six years after the government rescued Fannie Mae and Freddie Mac, top members in the Senate and the White House agreed on a framework to wind down the mortgage giants and overhaul the nation’s $10 trillion mortgage market.  The bipartisan proposal, coming just as the firms have begun to generate huge profits for the […]