Archive for March, 2010

Wells Fargo Homeowners May Get New Forms Of Assistance In Mortgage Modification Program

03/31/2010
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Wells Fargo is one of the big lenders participating in the home loan modification program, but despite having some success, lenders like Wells Fargo are still having trouble with underwater mortgages and unemployed homeowners.  However, the Obama Administration has set out new programs to provide forbearance for unemployed homeowners and principal reductions for underwater...
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Small Business Association Loans—Are Lenders Providing Much Needed Cash To Businesses?

03/31/2010
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Small business owners have been requesting more access to capital from lenders in order to grow their businesses, but it seems that small business loans backed by the Small Business Administration is about the only way that a business owner can obtain the funding needed to grow their company. SBA loans are guaranteed by...
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Employers Provide Healthcare In The Form Of Employer Group Health Insurance

03/31/2010
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In business there are many ways to attract and hire some of the most qualified individuals and one way of doing so is when employers offer group healthcare for their workers.  Employer group health insurance is a way for employers to provide their worker with the peace-of-mind that comes from having a healthcare plan...
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First-Time And Repeat Homebuyer Tax Credit Extension Draws To An End Soon

03/31/2010
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The first-time homebuyer and repeat homebuyer tax credit extension is drawing to a close at the end of April.  The first cut-off date for the homebuyer tax credit is April 30th, as homeowners are required to be under contract on their new home by this date. Many have wondered if the first-time or repeat...
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Posted in Banking/Finance, Real Estate | 4 Comments »

Homebuyers 30-Year Fixed Rate Mortgage For Around 5% Interest Still Available

03/31/2010
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Homebuyers seeking a low rate on a mortgage are still able to get a mortgage interest rate for around 5%.  Locking in a low interest rate on a 30-year fixed rate mortgage can also bring a lower monthly mortgage payment and it is for that reason many homeowners have been refinancing.  However, there are...
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Reverse Mortgages Can Be Beneficial But What Are The Drawbacks For Senior Citizens?

03/31/2010
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Senior citizens that are looking into getting a reverse mortgage loan can benefit greatly from doing so as a reverse mortgage can provide much needed money later in life.  If homeowners have paid off most or all of their home then a reverse mortgage can be very lucrative, but there are some things to...
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Posted in Banking/Finance, Loan Modification, Real Estate | Comments Off

Student Aid Scholarships And Grants For College-Bound—How Can You Pay For College?

03/31/2010
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Many college-bound students are worried primarily about funding their education through financial aid scholarships and grants as the dreams of what university life can bring are oftentimes suddenly brought to a halt when the first tuition bill arrives.  While there are some very costly colleges out there, scholarships and grants are available. The majority...
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Saxon Mortgage— Home Loan Modification Program May Have New Options For Homeowners

03/31/2010
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Homeowners with Saxon Mortgage who may be having trouble with their mortgage due to unemployment or because of an underwater mortgage may have additional forms of help available thanks to new initiatives from the Obama Administration and the home loan modification program. Underwater mortgages and unemployment have caused trouble for now only homeowners but...
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New Home Loan Modification Programs May Help Citigroup CitiMortgage Homeowners

03/31/2010
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Citigroup CitiMortgage homeowners may be able to obtain more assistance as the Obama Administration has set forth new initiatives to help underwater homeowners and unemployed homeowners that may be under pressure in their mortgage.  These new, expanded programs are hoped to get more lenders on board to not only help struggling homeowners, but also...
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Posted in Banking/Finance, Loan Modification | 3 Comments »

JP Morgan Unemployed and Underwater Homeowners May Have New Options In Modification Program

03/31/2010
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JP Morgan homeowners that are looking for help from the home loan modification program or struggling with their mortgage due to unemployment or owing more on their home than the home is worth may have new forms of assistance to aid in their troubles.  The Obama Administration is putting greater stress on principal reduction...
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