Archive for August, 2010

J.P. Morgan Chase Home Loan Modification Alternative Plans For Homeowners With Cancelled Modifications

08/31/2010
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J.P. Morgan Chase has participated in the Obama Making Home Affordable Program over the past months and, for some homeowners, this has been a way in which they have made their home loan payment more affordable by attaining a reduced monthly mortgage obligation. However, some homeowners with J.P. Morgan Chase have seen the cancellation...
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Are Shorter Mortgage Terms A Good Idea For Homeowners Looking To Refinance For Lower Home Loan Interest Rate?

08/31/2010
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Many homeowners have been able to take advantage of a lower interest rate when they refinanced their home loan. However, some are turning to shorter mortgage terms in order to erase their mortgage debt faster and, for certain homeowners, they are doing so at a much smaller cost overall. There have been reports that...
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Erasing Credit Card Debt By Using Cash-Out Refinancing–Is Using A Home A Good Way To Pay Off Debt?

08/31/2010
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There have been many homeowners who have used their home as a way to pay off debts like credit card debt. Homeowners have used cash-out refinancing as a way to gain the funds they need from their home in order to erase their debt quickly. However, many question as to whether this method is...
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Affordable Repayment Options For Student Loan Debt And Possible Forgiveness Plans Offered

08/31/2010
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Student loan debt is something that many graduates are struggling with especially since many have entered into a very unwelcoming job market. Some students have either been unable to find a job after graduation or have received a position that does not afford them the income they need to repay their student loan debt....
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Consolidation Loans For Debt–Can A Consolidation Loan Help Pay Off Debt Fast?

08/31/2010
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Many individuals who have a large amount of debt often use a consolidation loan in order to group various debt sources into one loan, which obviously brings only one monthly payment.  Reports indicate that more Americans are paying off their debt and, for some, a debt consolidation loan is the method which they are...
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Citigroup Alternative Mortgage Assistance Plans For Homeowners Denied A Home Loan Modification

08/31/2010
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Homeowners with Citigroup have been seeking a home loan modification through the Making Home Affordable Program in order to obtain a more affordable home loan payment. However, there have been difficulties for some homeowners in the modification program as there are denials of trial modifications and cancellations of these trial periods, which is causing...
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Mortgage Assistance Program For Unemployed Homeowners Brings Lower Payments And Forbearance

08/31/2010
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A new mortgage assistance plan from the Obama Administration’s Making Home Affordable Program may bring mortgage aid to struggling homeowners who are unemployed.  Homeowners across the nation have dealt with troubles concerning their mortgage over the past months and many of these difficulties have stemmed from unemployment. While modification programs have been set in...
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Wells Fargo Home Loan Assistance Alternatives For Homeowners Who Are Denied A Home Loan Modification

08/31/2010
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Wells Fargo is one of the mortgage servicers who has been offering home loan modifications through the Making Home Affordable modification program. However, there have been instances where trial modifications for homeowners were canceled and, as a result, these Wells Fargo homeowners have been seeking ways in which they can find alternative assistance so...
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Bank Of America Home Loan Modification Program–Foreclosure Prevention Plans For Those Denied A Modification

08/31/2010
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Bank of America homeowners who have been seeking a home loan modification have seen increases in the number of permanent modifications made from month to month. However, there are far more homeowners who are still in need than those who have been assisted, so when trial modifications are canceled many homeowners are left wondering...
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Affordable Business Health Insurance Through Employer Group Health Insurance Plans

08/31/2010
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Employees are often seeking an employer who will provide some form of health insurance coverage but there are many small businesses that do not offer healthcare benefits for the workers. However, with legislation set to take place in the coming years which will provide universal healthcare options for uninsured individuals, more employers are beginning...
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