Month: November 2011

Permanent Modifications From J.P. Morgan Chase Increase–Latest Information From HAMP Shows Improvements

Permanent home loan modifications with J.P. Morgan Chase increased between August and September and, for homeowners who are currently in the process of pursuing modification assistance, this could be positive news as it does show this particular servicer, among others…

Tuition Increases Lead Students Relying On Loans To Look At Post-College Repayment Options And Reconsider College

Some major universities are still considering tuition increases as we recently saw that institutions in North Carolina passed tuition hikes as recently as yesterday, but tuition increases are something that has been seen in areas like Nevada, California, and Florida.…

Borrowing Student Loans And Affordable Repayment Plans–Does The College A Student Attends Matter?

Many students who are currently borrowing loans to meet college costs are obviously in a position where, after graduation, it’s hoped that affordable repayment plans will be available, in terms of what they owe on a month-to-month basis, or employment…

Balance Transfer Credit Card Rates May Be Higher For Some Cardholders–Costs Become More Of An Issue

Balance transfer credit card rates have remained somewhat unchanged over the past weeks but, depending on the average rate that a cardholder researches, but there have been some slight increases in overall averages as some cards may range anywhere between…

Using 401(k) Loans When Refinancing–Homeowners Apply Cash Towards Mortgage Principal But Drawbacks May Arise

Over the past months we have seen some workers borrow money from their 401(k), in the form of a 401(k) loan, for various purposes and, in some instances there have been homeowners who have used funds from their retirement as…

Unemployment Continues To Hinder Housing But Federal Unemployment Program Offers More Aid

Unemployment continues to be one of the main hinderances in the housing market and within the personal lives of many consumers as well, but there are still opportunities available through the federal Unemployment Program, which is part of the Treasury…

Problems Job Seekers Experience That May Lead To Longer Periods Of Unemployment Or Need For Retraining

As unemployment remains at 9%, there are numerous men and women who are currently looking for a job or attempting to transition from their current employment situation to another, and in many cases are finding that this is still a…

Private Mortgage Assistance Plans Offer More Help Through Modifications But Are They A Better Option For Homeowners?

The federal mortgage modification program was hoped to help over 1 million homeowners, with some estimations being around 2 or 3 million homeowners, but reports released here in November, which track data through September of 2011, indicated that there were…

Homeowners Missing Mortgage Payments And Falling Behind Increase But Will Problems Continue?

Reports from the third quarter have indicated that there is data to show some homeowners are falling behind on their mortgage payments as delinquencies did increase, which has given some mixed opinions to the topic of mortgage delinquency as some…