Homeowners with GMAC Mortgage may have seen the number of active trial modifications that have been reported between June and July decrease, but this is something that is common among many servicers as these active trials have not always risen in number despite the fact that there are some areas of the federal modification...
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As we are beginning the third week of September many cardholders and consumers who are looking for credit card options have seen some reports that credit card averages may have increased slightly, and there are even some resources that are reporting that balance transfer credit cards have risen, despite the fact that others have...
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The reasons for homeowners pursuing an alternative to foreclosure will often vary but in cases where servicers are continuing to make these plans available there have been improvements seen, specifically for services like GMAC Mortgage who continue to offer this alternative to foreclosure for distressed homeowners when foreclosure prevention plans may be of little...
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Despite the fact that foreclosures are reportedly down from this time last year, recent information has stated that foreclosure filings increased in August of 2011, which was an increase from July as well, pointing to the fact that homeowners are still in need of foreclosure prevention assistance through lower home loan payment plans that...
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Balance transfer consolidation cards have been seeing steady rates on average over the past few weeks, as many consumers continue to look for ways to address debt issues or even take advantage of new lines of credit that may be open and helpful in their financial life. While getting a credit card should not...
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Homeowners with Wells Fargo who have a second mortgage and are still struggling to make payments may find help from the second lien modification program, as there have been some positive reports as of late concerning not only Wells Fargo but the total number of the second lien modifications that have been offered to...
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When it comes to trial home loan modifications, there are different pieces of information that we have in terms of a servicer’s particular performance, and for Citigroup, mixed results have been typical with many major banks when it comes to not only active trial modifications but the cumulative total of trials that have been...
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Homeowners with Wells Fargo who have faced foreclosure over the past months are finding that continued efforts in the modification program have proved beneficial, and successful, for some despite the fact that there are still many individuals who are facing the potential loss of their home and are seeking these foreclosure prevention efforts that...
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It was recently announced by the Federal Reserve that consumer debt increased in July as a result of factors like student loans and even car loans were said to be one of the main factors behind this increase, as there are reports that indicate credit card debt, while still a problem for some, fell...
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Recently we have seen trouble arise in the job market as it was just reported that, for the week ending of September 3 jobless claims increased, and we have also seen reports that show no new jobs were created in August and unemployment remains stubbornly high. It’s because of factors such as this that...
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