Author Archive

Mortgage Payment Forbearance Options For Homeowners–Aspects Of Federal Programs In Areas Of High Unemployment

11/03/2011
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As mortgage payment difficulties remain in place for homeowners, and levels of unemployment remained quite high nationally and in some states, where we are seeing double-digit numbers, unemployment options that homeowners have on home loan payments still remain beneficial for those who qualify, as homeowners may get help through options that allow them to...
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Forecasts On Potential Increases In Foreclosures Indicate More Homeowners May Be In Need Of Mortgage Assistance

11/02/2011
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The outlook in the housing market obviously varies from one official or organization to the next but many have a bleak forecast when it comes to foreclosures in the coming months and even years as predictions often surround numbers in the hundreds of thousands or more who may continue to face foreclosure over time....
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Posted in Banking/Finance, Real Estate | Comments Off

Checking Accounts With A High Interest Rate From Online Banks Could Open More Earning Options For Consumers

11/02/2011
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Consumers who are looking into checking account options are often in a position where they want access to their funds quite freely, typically through the use of debit cards, but there are many who are also looking for ways to earn more on their deposits as certain banking customers do keep a sizable amount...
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Citigroup Total Trial Modification Offers And Starts See Improvements In Numbers Of Plans Made Available To Homeowners

11/01/2011
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The total number of trial modifications that have been offered by Citigroup have increased according to the most recent Treasury Department information we have, and while active trial modifications may vary from one servicer to another, improvements in the area of trial offers that are extended and started may indicate that homeowners who are...
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Secured Credit Cards For Borrowers With Bad Credit–How Consumers Use These Cards And What Benefits They Offer

11/01/2011
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Credit cards available to people with a bad credit score can come from a variety of sources and we saw in October that there were indications some credit card lenders are beginning to offer more options to subprime borrowers, but often is the case that these consumers who are having trouble getting a line...
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Small Business Investors And Venture Capitalists–Can Businesses Market To Investors To Receive Financing And Aid?

10/31/2011
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Companies who are currently looking for financing opportunities may be in a position where they could benefit from a small business loan, but there are those institutions that either are not looking to take on debt at the present time or simply feel that alternative forms of investments like venture capitalists or angel investors...
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Home Affordable Modification Program Sees Some Improvements But Many Feel More Needs To Be Done To Help Homeowners

10/29/2011
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The Home Affordable Modification Program has seen some continued success over the past few months, as certain changes that have been implemented in the past may have made it easier for homeowners to communicate with their servicer and apply for this particular program, but when it comes to helping homeowners there are those who...
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Help With Credit Card Payments For Struggling Cardholders May Come From Lenders–What Aid Is Offered?

10/28/2011
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As we have seen some reports here October indicating that credit card debt and late payments may be a problem once again for some, there are mixed opinions on the severity of the situation as some credit card late payments may not be severe, but there are still issues which have arisen that led...
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Bank of America Sees Improvements In Total Trial Modifications Started But See Trial Offers Decrease

10/28/2011
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The total number of trial modifications that have been started or offered by Bank of America have seen different results according to the latest Treasury Department reports, and these numbers can give homeowners a better idea of how this particular servicer is faring in terms of offering these types of assistance opportunities to homeowners...
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Incentives For Changing Banks May Offer Perks On New Accounts But Are Big Banks Trying To Keep Customers?

10/27/2011
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Over the past few weeks many consumers have been changing their banks as a result of fee increases or adjustments to certain costs that come along with checking accounts and debit card use, and this has opened the door for other financial institutions, like credit unions, to offer perks or incentives for those who...
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