GMAC Mortgage homeowners who are pursuing a permanent modification may have good news in that permanent modifications that are currently active continue to increase with GMAC as the recent Treasury Department reports on this specific area of modification program have shown that increases have not only been made with this particular servicer but with...
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Recent reports have indicated that costs for health insurance, specifically small business health insurance plans, have increased this year which may have some employers considering other types of insurance policies, rather than sticking to a traditional employer group health insurance plans that may be getting expensive and causing financial distress in companies where the...
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Recent reports have indicated that there are some housing markets that are seeing improvements in home prices, but these increases have been incredibly small in some cases, and there are still overall indications that the average home values currently being seen in the housing market are down from this time last year, which has...
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Recent changes that have been reported from many major banks regarding their fee structures and how consumers will be charged for using certain types of accounts have led some to consider other financial institutions for their banking needs, and when it comes to looking into savings accounts, specifically high interest savings accounts, there are...
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Reports have indicated that lenders are offering more access to borrowers with a bad credit score as a result of certain factors that are currently in place that have led to some creditors seeing lower levels of credit card use by certain consumers. Bad credit borrowers are usually in the position where they are...
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Consumers are turning to secured personal loans as a way to gain financing for various reasons when a bad credit score may factor into their ability to borrow a traditional loan, but when it comes to getting an affordable payment or simply lowering the overall costs on these secured loans, consumers may have different...
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Homeowners who are seeking federal assistance from the Home Affordable Foreclosure Alternatives Program are usually in a position where, as a result of financial hardships or negative equity, and sometimes a combination of both, either a short sale or deed in lieu of foreclosure plan is pursued as result and the HAFA program was...
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Here in the early parts of October we have seen information from the federal Making Home Affordable Program on certain programs tracked through the month of August, like the Principle Reduction Alternative, which may be beneficial for homeowners who are seeking help when it comes to addressing issues where the value of homeowner’s property...
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There are some concerns that alternative mortgage payment assistance programs, like private modifications, may need to be adjusted and be made more available if homeowners are unsuccessful at the federal foreclosure prevention initiative as there are some who are struggling to go beyond these modified home loan payment plans when it comes to finding...
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Over the past few days we have seen many consumers looking at how changes by their bank may influence their banking experience, as some fees are set to be levied against banking customers for use of debit cards, as one example, which has led some to question whether either taking their business to another...
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