Homeowners are continuing to fall behind on their mortgage payments and, for numerous servicers in the Making Home Affordable Program, this still remains a problem. As an example, GMAC Mortgage is one of the mortgage lenders who has seen an increase in the number of homeowners who are delinquent on their home loan for...
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Delinquency on the part of homeowners concerning their monthly mortgage payment continues to be a problem for servicers like J.P. Morgan Chase as increases in the number of delinquent homeowners continue from month to month. However, there are further concerns related to home loan modification efforts by various mortgage servicers as officials have been...
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Efforts to prompt businesses to hire new workers have varied this year, but one incentive which some employers have been using to their advantage is the HIRE tax credit, which essentially has given more employers benefits if they hire workers who have previously been unemployed. While it’s no secret that unemployment has been a...
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Delinquency on mortgage payments has increased for numerous homeowners with a variety of mortgage servicers, according to the Making Home Affordable servicer reports which have been released by the Treasury Department each month. While the problems with each servicer will vary, Bank of America is one of the financial institutions that has seen an...
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Some college graduates are finding that the unwelcoming job market has created an income situation which has not allowed them to meet their monthly student loan repayment costs. Typically, students who graduate college with student loan debt are giving a grace period before they must begin repaying their loan obligations, but many are finding...
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Unemployed individuals have mainly been focusing on unemployment benefits extensions as a way to simply stay afloat, but there are numerous individuals who have been in need of healthcare options for those who are without a job. Obviously, COBRA benefits have been helpful for some, yet for those who are without a job or...
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Homeowners with Wells Fargo have had difficulty meeting their monthly mortgage payment obligations, which is something that seems to be more common among homeowners with various servicers across the nation. As an example, Wells Fargo has seen an increase in the number of homeowner delinquencies, which have been reported in the Making Home Affordable...
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Holiday sales are the high point for retailers and, despite economic troubles and employment trials which are still plaguing many consumers, there are positive reports which suggest that the forecast for the 2010 holiday retail season shows signs of growth, as many feel sales will be higher than last year. While the holiday sales...
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Citigroup is one of the mortgage services in the Making Home Affordable Program who saw an increase in the number of homeowners who were delinquent on their home loan. Since numerous homeowners continue to face foreclosure across the nation, many are wondering whether home loan assistance plans through modifications are able to prevent the...
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Recently, the FTC passed new rules on not only mortgage assistance relief programs, but also to relief organizations which are said to help consumers with various forms of debt which may be problematic in their life. Previously, rules were changed concerning debt relief services and the way that certain companies could collect fees from...
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