Ted Rood
Ted has spent 10 years as a mortgage expert solving his clients' real estate, home loan, and credit issues, and has published mortgage articles in the St Louis Post. His focus has always been to provide "honest answers and advice" to all his clients.
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- 9/26/2009
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Bachelor of Science degree, Iowa State University, Ames, IA 1980Motto
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Displaying Results 1 - 4 (of 4) for All Content
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First Person: Financial Reform Worries Mortgage ConsultantThe financial reform bill signed in July purports to protect consumers from risky loans and unscrupulous lenders. Its real result will be decreased loan availability, higher borrower costs and continued lender confusion.
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New Good Faith Estimate Sure to Confuse ConsumersHUD's new Good Faith Estimate must be used by all lenders starting as early as 12/19/09. Designed to "simplify and clarify" the mortgage process, it does neither.
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Fannie, Freddie Loosen Refinancing GuidelinesFannie Mae and Freddie Mac have new programs designed to allow those with good credit but little/no equity to refinance. Thousands are profiting from these programs, but most homeowners are unaware of the benefits and ease involved.
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Credit Card Providers Boost Rates, Slash Credit LinesFebruary's pending banking reform deadline has led banks to implement major changes to credit card accounts. All those with credit cards will be affected to some degree.