Archive for October, 2010

Credit Card Debt Relief And National Credit Counseling Services–Changes In Assistance For Personal Debt Aid

10/29/2010
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Numerous consumers have difficulty dealing with credit card debt and often turn to credit card debt relief or credit counseling services. There are a wide variety of debt relief programs or nonprofit credit counseling agencies which may be helpful for a homeowner who is suffering under the weight of credit card debt, but in...
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Drop In Home Loan Trial Modifications For J.P. Morgan Chase But Homeowners May Have More Assistance Options

10/29/2010
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According to reports from the September 2010 Making Home Affordable servicer review, J.P. Morgan Chase saw a drop in the number of active trial modifications between August and September. Many feel that the home loan modification program has slowed as of late, despite the fact that homeowners are still seeking some form of mortgage...
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Home Affordable Foreclosure Alternatives Program–Options For Homeowners Unaided By Modifications

10/29/2010
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Foreclosure alternative plans have been sought out by numerous homeowners who have been unable to benefit from a home loan modification or had their trial modification canceled due to their inability to meet the reduced payments. Homeowners who are facing the loss of their home due to sudden economic difficulties have turned to short...
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Grants For University And College Tuition–Financial Assistance May Help Meet College Cost Demands

10/29/2010
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Many college students have seen increases in their tuition costs over the past months and recent reports show that tuition costs for public universities are continuing to become more expensive. While the cost of attending a college or university has always been one of the larger expenses one may encounter in life, there are...
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GMAC Mortgage Sees Increase In Home Loan Modification Trials From August To September

10/29/2010
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Many analysts feel that the Making Home Affordable Program is beginning to slow, which could be troubling for homeowners who are having difficulty making their mortgage payments. However, GMAC Mortgage and other top servicers are still offering modification plan, despite a decrease in the number of homeowners which are being offered assistance plans from...
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Unemployed Homeowners Mortgage Forbearance Assistance Plans From HAMP And Hardest Hit Fund Programs

10/29/2010
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Unemployment continues to gnaw at the economy, housing market, and personal financial lives of many individuals across the nation. While there are endless homeowners who have had difficulties related to either the loss of their job or underemployment, there may be assistance from various sources which could help homeowners who are without the means...
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Citigroup Sees Fewer Active Trial Modifications In Home Loan Modification Program But Mortgage Assistance Still Available

10/29/2010
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Many lenders have seen a decrease in the number of modifications they have made through the Making Home Affordable Program. While Citigroup did see an increase in the number of permanent home loan modifications, as of September 2010, they also saw a drop in the number of active trial modifications from August to September....
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Banks Offer Secured Credit Cards To Help Consumers Repair A Bad Credit Score–Are They Helping Bad Credit Borrowers?

10/29/2010
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Offers for secured credit cards from various financial institutions have been used over the past months to assist individuals in building a good credit history and repairing a bad credit score. Bad credit borrowers may have difficulty finding lines of credit, which can be problematic especially for those who are trying to repair a...
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Relocation Assistance After Foreclosure–Can Homeowners Find Assistance For Moving Costs?

10/29/2010
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Homeowners who have faced foreclosure and are now in a situation where they must relocate to alternative living arrangements may have difficulty when it comes to meeting certain costs. While some advisers often suggests homeowners began seeking an apartment or renting opportunity before a foreclosure hits their credit score, some homeowners are simply left...
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Bank Of America Home Loan Modification Trial Plans Drop But Homeowners May Have Alternative Assistance Options

10/29/2010
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Bank of America saw a decrease in the number of trial modifications which are currently active, according to Making Home Affordable reports from August to September. While many see this as a sign of either modifications beginning to slow or servicers not offering homeowners the opportunities they may need through modifications, there are some...
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