Archive for December, 2009

New North Carolina Laws Over Texting And License Plate Frames Go Into Effect

12/02/2009
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A new set of North Carolina laws now ban texting and license plate frames that cover the state name or expiration plate date on the plate. Many people are understandable about the texting ban but others wonder why license plate frames have to go. There are no arguments against texting while driving, as it...
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Car Loan Defaults On Payments May Be In The Near Future

12/02/2009
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Car loan defaults on payments are said to be a probable trouble in the near future as the number of car loan payments that are over 60 days late rise this quarter. Some argue that car loan payments often fall near the end of the year but there may be worse news on the...
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Mortgage Companies Not Honoring Home Loan Modification Plan; Lenders Only Honoring Temporary Modifications

12/02/2009
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The home loan modification program is poised to help over 600,000 homeowners who are struggling with their mortgage but lately mortgage companies have come under fire for supposedly only allowing homeowners a temporary home loan modification. The Treasury is said to be sending teams to the biggest mortgage lenders to ensure the home loan...
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Job Bill Vote By December 18th As Congress Seeks Unemployment Solutions

12/02/2009
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A job bill is in the works as Congress and the White House look for solutions in the unemployment crisis and hope for a vote by the 18th of December. There is no arguing that the job market is one of the slowest recovering sectors from the recession but it is probably the most...
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Huffington Post Calls Out Rupert Murdoch On Conflict With Google

12/02/2009
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In an article on Huffington Post the conflict between Google and Rupret Murdoch appears to have reached the blogging world as the disagreement over content Murdoch owns is used on Google. Murdoch has become the figure in the focus over the use of media on the internet. Google is the dominate force in online...
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COBRA Subsidy Expiration and Health Insurance Benefits Become Bigger Problem For Unemployed

12/01/2009
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The COBRA subsidy and other forms of health insurance benefits are set to expire and raise insurance premiums to levels unaffordable by those still under the plight of unemployment. Many workers who were laid off were still under the COBRA plan, which provided health insurance, but those benefits have come to an end and...
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Posted in Unemployment | 1 Comment »

Home Loan Modification Program Troubles Come From Homeowners

12/01/2009
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The home loan modification program which allows struggling homeowners facing foreclosure to modify their loan and fix payments to a more affordable level is having trouble from an unlikely source: the home owners. Reports are that the homeowners simply aren’t doing their homework, meaning they either are turning in incomplete paperwork or no paperwork...
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Posted in Banking/Finance | 1 Comment »