Author Archive

GMAC Mortgage Cancelled Trial Modifications Bring Alternative Assistance Plans For Some Homeowners

07/30/2010
By Karen Byrd

Homeowners with a GMAC mortgage have been angry over cancellations in the trial modification period of the Making Home Affordable Program. While these complaints are not exclusive to GMAC Mortgage, there are troubled homeowners who believe that many of the top lenders in the Home Affordable Program are not doing all they can to...
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College Scholarships For Women, Minorities, And High School Seniors–Students Seek Specific College Aid

07/30/2010
By Karen Byrd

Many college students are seeking specific scholarships for individuals or groups like women, minorities, or simply high school seniors. Scholarship financial aid is a competitive area as many students are looking for ways to meet the costs of rising tuition demands. However, certain scholarships may be available to particular individuals and can be less...
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JP Morgan Chase Home Loan Trial Modifications Cancelled For Some But Alternative Assistance Options Available

07/30/2010
By Karen Byrd

Homeowners with a J.P. Morgan Chase home loan have been in need of mortgage assistance, as have many homeowners with various lenders all over the nation. Yet, trouble between homeowners and lenders have come in many forms as well, specifically regarding the Making Home Affordable trial modification program. Homeowners believe that they have been...
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Homeowners Use Mortgage Cash-Out Refinancing Options To Pay Off Unsecured Credit Card Debt

07/30/2010
By Karen Byrd

Homeowners who have acquired a large amount of unsecured credit card debt have turned to cash-out refinancing as a way to use their home to pay off their credit card debt fast. Getting out of credit card debt quickly is something that many people aspire to, but there are hesitations on the part of...
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Free College Scholarship And Pell Grant Financial Aid Greatly Needed By Incoming College Students

07/29/2010
By Karen Byrd

Many students who are entering college are in desperate need of scholarship or grant money in order to meet the costs of paying college tuition. While there are various forms of student loans that can be available, there are those who fear that acquiring a large sum of debt will be problematic upon graduation,...
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Secured Business Credit Cards Help Small Business Owners Repair A Bad Credit Score, Build Credit History

07/27/2010
By Karen Byrd

Many businesses have been using secured credit cards in order to repair their business credit history and increase their credit score. Like individual credit scores, a business that experiences tough financial times may see their credit score drop, and as a result, they may be unable to obtain an affordable line of credit in...
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Reverse Mortgage Loans For Homeowners In Need Of Cash–How Are Senior Homeowners Using Reverse Mortgage Funds?

07/27/2010
By Karen Byrd

Many senior homeowners use funds from a reverse mortgage for a variety of financial obligations or personal reasons. Many homeowners who own their home or only owe a small amount on their home loan may benefit from a reverse mortgage, if they qualify and accept the responsibilities that come with this particular type of...
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Student Loans For Bad Credit Score Borrowers–Are Bad Credit Student Loans Available, Helpful For Bad Credit Students?

07/27/2010
By Karen Byrd

Student loans are available for bad credit borrowers through various bad credit student loan opportunities. While a bad credit score can be problematic for some individuals, those who are seeking financial aid through student loans may not have to worry about a poor credit score, bad credit history, or even having no credit history...
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Cash-Out Refinancing For Homeowners Seeking To Pay Off Debt–Use Home Equity To Erase Debt Fast

07/26/2010
By Karen Byrd

Many homeowners are using cash-out refinancing as a way to pay off debt by using their home’s equity to gain access to the money they need for various situations. Many homeowners owe some sort of debt outside of their home loan, but many are using the equity that they have access to in their...
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Bank Of America Sees Drop In Active Trial Home Loan Modifications From The Making Home Affordable Program In June 2010

07/26/2010
By Karen Byrd

Bank of America, one of the top mortgage servicers in the Making Home Affordable Program, has seen increases in the number of permanent home loan modifications that have been made over the past months. However, as of June 2010, Bank of America saw a decrease in the number of trial modifications that are currently...
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