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Alpha Mortgage Corporation

Wilmington NC Mortgages - Alpha Mortgage Corporation

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Buyer Blocks: 4 Factors Keeping Millennials From Owning a Home

Control your credit with patience and a good understanding of how to get a decent credit score . But if someone hijacks your identity, the thief can wreak havoc on your dreams of homeownership. Even a family member.

"I had a client whose parents took out the accounts in his name when he was a child, and didn’t ever pay them," recalls  Rebecca Bell , a broker with Alpha Mortgage Corporation, in Wilmington, NC. "It knocked this prospective buyer’s score below 500. It was impossible for anyone to lend to him and took him years to fix.”

In this case, the client should have been checking his score periodically. Bell recommends putting a fraud alert on the reports from all three credit bureaus. This flags your account for extra protection, so if something odd happens, the bureau will call to confirm it with you before trashing your score.

3. The rent is too damn high

It’s no secret that rent in metro areas is skyrocketing . And higher rent means less money for everything else.

MGIC Investment Corporation - Receive News & Ratings Daily

Convergence Investment Partners LLC lowered its position in MGIC Investment Corporation (NYSE:MTG) by 1.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 383,314 shares of the insurance provider’s stock after selling 4,036 shares during the period. MGIC Investment Corporation comprises about 0.6% of Convergence Investment Partners LLC’s investment portfolio, making the stock its 24th largest position. Convergence Investment Partners LLC owned about 0.10% of MGIC Investment Corporation worth $4,293,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Fox Run Management L.L.C. acquired a new position in shares of MGIC Investment Corporation during the second quarter worth about $116,000. Appleton Group LLC acquired a new position in shares of MGIC Investment Corporation during the second quarter worth about $119,000. World Asset Management Inc boosted its position in shares of MGIC Investment Corporation by 0.7% in the first quarter. World Asset Management Inc now owns 12,157 shares of the insurance provider’s stock worth $123,000 after buying an additional 81 shares during the last quarter. Princeton Alpha Management LP acquired a new position in shares of MGIC Investment Corporation during the first quarter worth about $127,000. Finally, Eagle Global Advisors LLC acquired a new position in shares of MGIC Investment Corporation during the second quarter worth about $146,000. Institutional investors own 86.64% of the company’s stock.

The Canada Mortgage and Housing Corporation wants to examine how much homeowners plan to spend on renovations?

The Canada Mortgage and Housing Corporation wants to examine how much homeowners plan to spend on renovations in the next year. A simple random sample of 125 shoppers produces a mean of $750 with a standard deviation of $135.


The difference in the outcomes is pretty large...

Good luck!