Homeowners who previously had a trial modification on their home loan with Wells Fargo may have found themselves receiving a cancellation as the number of active trial modifications for Wells Fargo decreased from June to July. Many mortgage servicers have seen drops in the number of active trial modifications and, while some homeowners believe...
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According to the July report from the Making Home Affordable Program fewer homeowners were seen as eligible for the modification program, which can be interpreted to be either a good sign that fewer homeowners are delinquent on their home loans or there are simply less homeowners who remain in their home that are still...
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Homeowners with Wells Fargo, in recent months, have been able to obtain a permanent home loan modification so that they may avoid foreclosure on their home. The Making Home Affordable Program released data that tracks lenders’s success through the month of July and, for Wells Fargo, an increase in the number of permanent home...
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Homeowners who have their home loan through Citigroup have seen increases in the number of permanent home loan modifications for those who are seeking assistance with their mortgage. There have been increases in the number of homeowners who have begun to struggle due to various economic troubles, but the Making Home Affordable Program has...
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J.P. Morgan Chase has been one of the top lenders in the Obama’s Making Home Affordable Program. Many home loan servicers have been participating in the modification program and, according to reports released from the Making Home Affordable Program, which track servicer activity, J.P. Morgan Chase has increased the number of permanent home loan...
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Homeowners with Bank of America have seen increases in the number of permanent home loan modifications that have been made over the previous months. Bank of America has been one of the top mortgage servicers in the Making Home Affordable Program and has offered modifications to troubled homeowners from both the Obama Administration’s modification...
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Students often seek federal Pell grants as a way to meet the costs of college tuition and, for many low income students, these federal grants are the only means of paying for college they may have. While there are scholarships and student loans available to the majority of college students, many low income students...
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For months, many unemployed men women who had exhausted their unemployment benefits by being out of work for 99 weeks or more have been asking for a 5th tier to be added to the unemployment benefits extension package that is currently in place. However, hope seemed to be lost on the fact that a...
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There may be good news for long-term unemployed men and women who were seeking a Tier 5 extension of unemployment benefits. Reports indicate that a senator, Debbie Stabenow introduced a bill that would extend unemployment benefits for an extra 20 weeks for individuals who have been seeking benefits past the 99 week cut-off for...
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Reports indicate that more job losses came in July, which is a drop overall for two months in a row, as many census jobs were cut but there were reports that private employment rose, which has given hope to some. However, articles continue to point to the fact that the job market is not...
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