Author Archive

Making Home Affordable Extension Programs And Mortgage Assistance Plans Beyond Traditional Modifications

11/25/2010
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More homeowners in of need mortgage assistance have begun exploring extension programs which are offered from the Making Home Affordable Plan and directly from servicers. Traditional home loan modifications are said to have slowed over the past months and, as a result, many homeowners are still facing a difficult situation concerning their monthly mortgage...
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Hardest Hit Fund Offers Mortgage Help For Homeowners But Not All Programs Have Begun

11/25/2010
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The Hardest Hit Fund was implemented months ago as a way to offer assistance to states so that they can provide programming to individual homeowners who may have been particularly troubled by the current economic conditions and the previous downturn which left many jobless and has caused the devaluation of homes across the nation....
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Holiday Debt Remains A Concern But How Are Consumers Planning On Handling Holiday Expenses?

11/24/2010
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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 Homeowners Continue Falling Into Delinquency–Are Home Loan Modifications Able To Prevent Foreclosure?

11/24/2010
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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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Mortgage Assistance Relief Programs And Debt Relief Organizations Have New Rules From The FTC

11/24/2010
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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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Foreclosed Homeowners May Get Help With Moving Costs And Expenses That Cause Trouble When Relocating

11/23/2010
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Foreclosure is becoming a problem for more and more homeowners as economic conditions have not improved to a point that has allowed the job market to begin reabsorbing employees who have lost their job over the past months. Yet, as a result of so many widespread foreclosures, homeowners are having to find alternative living...
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Free Grants For College Students–Pell Grants Offer Financial Aid For Low Income Students

11/23/2010
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College students who may come from a low income backgrounds or a family with a low income do have grant opportunities which can be beneficial in meeting college tuition costs. While there are grants which may be available at a particular student’s local or state level, popular federal grants, like the Pell Grant program,...
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Secured Loans For Small Businesses And Microloan Options For Companies In Need Of Capital

11/23/2010
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Many small businesses who may have difficulty accessing capital from a traditional small business loan have turned to options like secured loans for their company or microloan opportunities in cases where a small amount of funding may be needed for a particular business venture. While it will be dependent upon a business’s situation as...
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Forgiveness Plans For Student Loan Debt Available To Some But Are These Repayment Options Helpful?

11/22/2010
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Student loan debt may have certain forgiveness options which can be used by graduates in order to alleviate themselves of a percentage of college loan debt which they may be repaying. This means that there are types of forgiveness options on loans, like federal student loans, which are available to specific individuals, but many...
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J.P. Morgan Chase Home Loan Modification Program–October Report Shows Increase In Permanent Home Loan Modifications

11/22/2010
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J.P. Morgan Chase is one of numerous mortgage servicers who have continued their efforts in the federal Making Home Affordable Program, and according to recent reports, saw an increase in the number of permanent home loan modifications that are currently active. Many homeowners have waged complaints against servicers stating that they are not doing...
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