Archive for December, 2009

Bank of America (BAC) Home Loan Modification, Is Bank of America Helping?

12/31/2009
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Bank of America has come under fire in the recent weeks over their lack of participation in the home loan modification program and many homeowners have voiced their problems with the financial giant and will hear nothing good said about the company. Even here at rwbpress.com, angry comments had to be censored when the...
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Posted in Business, Loan Modification | Comments Off

CitiGroup (NYSE:C) Preventing Foreclosures In 3rd Quarter With Citi Homeowners Assistance Program

12/31/2009
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CitiGroup’s foreclosure prevention program, Citi Homeowners Assistance Program has, as of third-quarter reports, helped 130,000 homeowners who were in trouble with their mortgage and has helped over 40% of those homeowners who qualified for the Making Home Affordable Program. One of the more recent stories about CitiGroup came around the holidays where CitiMortgage suspended...
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Posted in Business, Loan Modification | Comments Off

Franklin Credit Management Corporation Bank Home Loan Modification Program

12/31/2009
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The November 2009 report for the Making Home Affordable Program has a wide list of financial institutions that are in the process of putting homeowners into trial or permanent home loan modifications, and while the success of each financial institution varies the report shows that Franklin Credit Management Corporation Bank has done nothing, as...
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Posted in Loan Modification | 6 Comments »

Wachovia, Bank Of America, Secured Credit Card Helps Repair Credit Score

12/30/2009
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A secured credit card from a lender like Wachovia or Bank of America can be an excellent asset in the process of rebuilding or repairing your credit score. With so many being effected by economic troubles and finances taking a turn for the worse, many American’s are finding they are watching their credit fall...
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Posted in Banking/Finance | 4 Comments »

Google Phone Nexus One May Be Revealed At January 5th Google Android Event

12/30/2009
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The Google phone, Nexus One, has endless speculation surrounding the release, features, and a slew of other related topics, but there have been rumors that on January 5th at an event related to phone software called Android that is already on the market, Google will reveal the Nexus One. Many have anticipated the release...
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Posted in Uncategorized | Comments Off

Bank of America, CitiGroup Home Loans and Modification Program, Consumer Lending

12/30/2009
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In the Making Home Affordable Program, two big lending institutions, Bank of America and CitiGroup are seen as opposites in terms of homeowners they have helped. While CitiGroup has been said to be one of the best lenders and has helped almost half of it potential borrowers, Bank of America had been criticized for...
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Posted in Loan Modification | 1 Comment »

30-Year Fixed Rate Mortgage Rises To Almost 5%, Is Refinancing Still A Good Idea?

12/30/2009
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As interest rates begin to rise from their record lows many still haven’t taken advantage of these interest rates that have made loans, like mortgages, much more affordable for many. There were numerous homeowners who refinanced for a 30 year fixed rate mortgage at low rates, but with interest rates nearing or at 5%...
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Posted in Banking/Finance, Loan Modification | Comments Off

Getting Out Of Student Loan Debt With Student Loan Consolidation

12/30/2009
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Many new graduates are finding the job market unwelcoming and are faced with student debt that seems to be insurmountable, but consolidating student loans may be the best way to get out from under a mountain of student loan debt. Students are entering 2010 wondering how they will be able to pay for student...
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Posted in Banking/Finance | 1 Comment »

Additional Unemployment Benefits Extension and Jobless Rate In 2010

12/30/2009
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For many, unemployment benefits are running out and even those who qualified for the unemployment benefits extension that runs into February 2010 are on borrowed time until something is done about the jobless rate. Many who are unemployed are looking for of a miracle in 2010 as there seems to be no stopping the...
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Posted in Unemployment | 14 Comments »

Making Home Affordable Home Loan Modification Program, CitiGroup, CitiMortgage And Unemployment

12/29/2009
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CitiGroup, CitiMortgage have completed almost half of the potential home loan modifications of its borrowers. In the making home affordable program there have been some terrible institutions who have drawn a great deal of criticism and others like CitiGroup, CitiMortgage who have been shown as leaders in the home loan modification program. This praise...
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Posted in Loan Modification | 2 Comments »