Author Archive

New Buyers And Refinancing See Increased Numbers As More Homeowners Seek To Take Advantage Of Lower Rates

11/11/2011
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It was reported that activity in the housing market showed some improvement for the week ending November 4 as both mortgage applications and refinancing activity increased amid drops in rates that have been seen on home loans, and this has given some a positive outlook in terms of how consumers are taking advantage of...
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Job Openings And Business Confidence May Be On The Rise As Need For More Progress Continues

11/10/2011
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There have been some improvements seen in job openings recently but also there are reports that indicate some businesses have seen improvements in confidence, which has been questionable in the past few months as there are some companies who feel that if things do not improve for their financial position and business operations, they...
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Alternative Checking Accounts With A Debit Card And Bank Credit Cards–Strategies Consumers Use For Purchases

11/09/2011
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We have seen, with the fallout that has occurred from proposed fees that banks had recently planned to implement, there are still consumers who are looking for alternatives to a major bank’s checking account, which at the present time seemingly will not offer any new fees from these major lenders who had previously proposed...
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Balance Transfer Card Current Rates Relatively Unchanged But How Are Consumers Dealing With New Offers

11/08/2011
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As there are continued offers being made for balance transfer credit cards and arguments that state more consumers to be considering these cards as a way to get a handle on their debt, rates that are being seen have remained relatively unchanged over the past few weeks but when it comes to using one...
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Credit Counseling Offering Help For Consumer Debt And Financial Repair Require More Consideration By Consumers

11/07/2011
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We have seen some recent news about grants being made available for the purposes of credit counseling, and in situations where a mortgage is in place there are many are looking for housing counseling assistance, which may go along with credit counseling options to help these men and women struggling financially find a more...
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GMAC Mortgage Alternative Assistance Plans After MHA Program–Homeowners See Decreases In Latest Data

11/04/2011
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Homeowners with GMAC Mortgage who have been unable to qualify for a federal home loan assistance plan have, in some cases, had options that go beyond these programs, but when it comes to alternative modifications, data released in October from the Treasury Department indicated that these totals being tracked by various servicers did decrease...
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Posted in Loan Modification | Comments Off

Peer To Peer Personal Loans And Business Loans–How Borrowers Are Using Online Lending Networks

11/03/2011
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As many financial institutions, like major banks, are still reportedly making it difficult for some to acquire credit, there are those who are looking into alternatives like peer-to-peer lending networks that may offer them the financing they need for everything from personal loans to business loans, as these lending networks, which have seen increases...
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Posted in Banking/Finance, Business | Comments Off

Bank Of America Homeowners Bankruptcy Increases For Homeowners After Seeking Assistance In Modification Program

11/02/2011
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Homeowners with Bank of America who are seeking bankruptcy prevention assistance or who may feel that bankruptcy is their only option are being urged to look into the total opportunities available to them as simple modifications may not be the only way a homeowner can find more affordability on their mortgage payment or foreclosure...
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Wells Fargo Homeowner Alternative Modification Plans–Lower Numbers Seen In HAMP But Are Options Still Available?

11/01/2011
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Reports released in October have shown that Wells Fargo saw a decrease in the number of alternative modifications made specifically for homeowners who did not qualify for a federal home loan modification plan, and this has led some to question whether there are alternative opportunities for a modification from this particular servicer if a...
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High Interest Savings Accounts And Alternatives Have Consumers Weighing Costs Of Earnings And Fees

10/31/2011
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Earning high interest on savings and investments is obviously the primary goal of any consumer or investor, but for those who turn to options like high interest savings accounts or alternatives like CDs and money market accounts, questions over the earnings a consumer has the potential to see, the use of a particular savings...
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Posted in Banking/Finance | Comments Off

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