Author Archive

Current Rates On Secured Credit Cards Available With A Bad Credit Score May Still Offer Affordable Credit Repair Options

09/28/2011
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As we make our way through the last week in September, consumers looking for secured credit cards, or general credit cards that are available for those with bad credit score, have seen that these rates have remained relatively unchanged recently despite the fact that certain costs like fees may have arisen as annual or...
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Modifications On FHA Insured Home Loans See Increase According To HAMP Reports–How Modifications Help With High Mortgage Payments

09/27/2011
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The most recent Treasury Department report that has tracked FHA-insured mortgages has shown some positive results in the federal home loan modification program, as Making Home Affordable activity within this particular section of homeowners has seen increases for both trial and permanent modifications that have been started. Understandably, homeowners with a variety of mortgages...
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Bank Of America Mortgage Assistance Programs See More Homeowners Current After HAMP And Offer Alternative Home Loan Payment Plans

09/27/2011
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Bank of America homeowners have seen aspects of the federal Making Home Affordable Program offer a variety of options after a homeowner has failed to receive a trial modification or a permanent modification plan, and some areas of the Treasury Department report that was released here in September have shown that some homeowners with...
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Citigroup Alternative Modifications For Homeowners After Failing To Receive A HAMP Trial See Decreases

09/26/2011
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Alternative modifications for Citigroup homeowners who have been unsuccessful in the Making Home Affordable Program have decreased according to the most recent Treasury Department reports which tracks the cumulative total of homeowners who have fallen into various areas after being denied a trial modification or having their trial modification plan canceled. Yet, this does...
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GMAC Mortgage Alternative Modifications For Homeowners After HAMP Trial Plans–Mixed Results Seen From Latest Reports

09/26/2011
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GMAC Mortgage has seen some positive results in the area of alternative modifications for homeowners who were not accepted for a trial modification, but there have also been some decreases in the total number of homeowners who have received an alternative modification after having their trial plan canceled, which may point to a need...
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Wells Fargo Bankruptcy Data Shows Mixed Information In HAMP Program–Assistance Plans Still Being Sought By Homeowners

09/26/2011
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Wells Fargo homeowners who have attempted to find foreclosure prevention options through the Making Home Affordable Program may have found that there are some instances where homeowners will either be denied a trial modification or have their current trial modification canceled, and this has led to a variety of paths that homeowners follow with...
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Bad Credit Student Loans And Changes That May Cause Higher Repayment Costs–Why Alternatives To Borrowing May Be More Important

09/23/2011
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College loans available for individuals with a bad credit score has typically been an option that students in this particular financial position have used over the past years as federal loans have made borrowing opportunities more accessible to a wide range of men and women no matter what year they happen to be in...
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Bank of America Homeowner Bankruptcy Numbers Increase In HAMP Data–Alternative Assistance Still Stressed For Homeowners

09/23/2011
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For homeowners with Bank of America pursuing a Making Home Affordable modification, there were increases seen in the latest Treasury Department reports concerning bankruptcies that homeowners face and this has led some homeowners to question whether there are options beyond modifications that may help them avoid such extreme measures as filing bankruptcy or resign...
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Underwater Homeowner Short Sale Programs Offering Relocation Assistance–Can Homeowners With Negative Equity Benefit From Selling?

09/22/2011
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Many homeowners with an underwater mortgage often find that getting more affordable rates through refinancing is a difficult task despite the fact that there are some programs like the Home Affordable Refinance Program that are in place to address issues such as this for those in a negative equity situation. However, there have been...
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Bank Of America Alternative Modifications After Making Home Affordable See Some Improvements In Recent Reports

09/21/2011
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Homeowners who were unsuccessful with Bank of America at either acquiring a trial modification or those who may have been in a position where their trial modification was canceled did see some positive news in terms of the number of alternative modifications that were made for individuals in these categories. Yet, not all homeowners...
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