June 21 2010



MORTGAGES; Weak Math Skills Linked to Default

IF you can’t disconnect 300 by 2, should you prepared for a loan? That is one of the questions raised close a new study led via a Columbia University assistant calling professor, Stephan Meier, who create that borrowers with poor math skills were two times more in all probability than others to go into foreclosure.



June 20 2010



Verifying Borrowers’ Finances

Lenders are immediately required to recheck a borrower’s finances perfectly before closing a mortgage.



June 13 2010



Study Says Math Deficiencies Increase Foreclosure Risk

Borrowers with shoddy math skills are found to be three times more acceptable to go into default.