Thinking about purchasing a house in 2018? It's not something you can just dive right into. Joe Zeibert, Senior Director of Products, Pricing & Credit for Ally Home Loans, and Ed Powell, the company's Senior Director of Consumer Sales, join Your Cheddar to discuss the steps you need to take to prepare for home ownership.
The Ally Home Playbook provides information on the types of loans, down payments, closing costs, and other financial considerations home buyers need before selecting a lender. Plus, it helps first-time homebuyers determine what type of loan is best for them.
But what factors go into a mortgage approval? Powell talks about the three Cs: capability, credit, and collateral. These are the areas your loan officer will look into, so shopping around for an experience person you trust is also extremely important.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
