Archive for September, 2010

Foreclosure Alternative Programs–How Can Homeowners Avoid Foreclosure On Their Home?

09/28/2010
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Foreclosure has become a possibility for many homeowners as unemployment still remains a major factor in the lives of men and women who have either lost their job or have seen drastic cutbacks and their wages. While modification plans and other assistance programs have been set in place to help homeowners avoid foreclosure, there...
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Wells Fargo Still Offers HAMP Modifications And Alternative Mortgage Assistance Despite Mixed Success

09/28/2010
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Wells Fargo has still seen success in the Making Home Affordable Program as recent reports indicate, for the month of August 2010, Wells saw an increase in the number of permanent home loan modifications they have made. While increases in the Making Home Affordable Program are a positive sign that more homeowners may be...
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Lower Car Payments On Auto Loans–Can Car Owners Modify Their Car Loan To Get More Affordable Payments?

09/28/2010
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Like homeowners, many car owners are having difficulty making their car loan payments and, as a result, are looking for ways which will allow them to lower their car loan payment from month-to-month. While no federal assistance program is offered to modify car loans, there are some car owners who have been speaking with...
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Home Loan Modifications From Bank Of America–Traditional And Alternative Mortgage Modification Assistance

09/28/2010
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Home loan modifications from Bank of America increased in the month of August from previous months, according to the Making Home Affordable servicer report. There have been increases for many mortgage servicers in the area of permanent home loan modifications, but there are also reported to be alternative mortgage modification assistance plans available directly...
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Assistance With Getting A Home Loan Modification–Housing Counselors Aid Homeowners Through HAMP

09/28/2010
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Numerous homeowners have been seeking a lower monthly mortgage payment through home loan modification programs from various mortgage servicers. While there have been homeowners who were able to take advantage of these modification plans to get a more affordable home loan payment, there have been homeowners who have struggled through the Making Home Affordable...
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Low Cost FHA Home Loans From Foreclosures–Can Homebuyers Get Affordable Mortgages?

09/28/2010
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Potential homebuyers may be able to get a deal on an FHA home loan with a sales program that offers drastic discounts, which are reported to be around 50% off of list prices on homes, to those who are eligible. With numerous FHA foreclosures taking place across the nation, this discount program is hoped...
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Citigroup Home Loan Modifications From HAMP And In-House Assistance Plans Still Open To Homeowners

09/28/2010
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Citigroup has been participating in the Making Home Affordable Program by making home loan modifications for troubled homeowners, but what some homeowners may not know is that there are also in-house mortgage modifications being made by various mortgage servicers. While Citigroup has seen an increase in the number of permanent home loan modifications they...
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Credit History Repair With Secured Credit Cards–Consumers Seek To Improve A Bad Credit Score

09/28/2010
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Many cardholders have had trouble over the past months with their finances and, as a result, many have either gotten in over their head with credit card debt, missed payments, and have seen their credit score drop as a result. However, cardholders are looking for ways in which they can repair their credit history...
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Unemployment Home Loan Mortgage Assistance–Can Unemployed Homeowners Find Help Against Foreclosure?

09/28/2010
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Many unemployed homeowners had hoped to receive mortgage assistance on their home loan through unemployed mortgage aid options like the Home Affordable Unemployment Program. While many homeowners continue to call for a tier 5 unemployment benefits extension, which many claim will help prevent more homeowners from losing their home at the present time, individuals...
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GMAC Mortgage Home Loan Modification Options–What Assistance Plans Are Available For Homeowners?

09/28/2010
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Homeowners with a GMAC Mortgage home loan have, like many other homeowners with various mortgage servicers, come upon difficult financial times over the past months due mainly to factors like unemployment. As a result, GMAC Mortgage has implemented modification plans through the Making Home Affordable Program and, reportedly, have also offered alternative mortgage modification...
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