Author Archive

Citigroup Short Sale And Deed In Lieu Of Foreclosure Program Data From November HAMP Report

01/06/2011
By

Some homeowners with Citigroup have been unsuccessful at finding the affordability they need in their home loan due to various problems and have turned to foreclosure alternatives like short sales and deed in lieu of foreclosure programs as a way to avoid a formal foreclosure despite losing their home. Homeowners who qualify for the...
Read more »

Posted in Banking/Finance, Loan Modification | Comments Off

Homebuyers And Homeowners Refinance And Apply For Home Loans Amid Changes In Interest Rates

01/06/2011
By

Recent reports have stated that homebuyers and homeowners are still attempting to either enter the housing market or refinance for more affordability in their mortgage despite the fact that mortgage interest rates were somewhat up and down at the end of 2010. According to sources, mortgage applications rose in the final week of December,...
Read more »

Posted in Banking/Finance | Comments Off

Citigroup CitiMortgage Home Loan Assistance Through Alternative Modification Plans May Bring More Affordable Mortgage Payments

01/05/2011
By

Citigroup’s CitiMortgage has been a participant and the federal making home affordable program and has offered home loan assistance from modification plans and other programs available from the federal foreclosure prevention initiative. Yet, there are homeowners who have been able to benefit from alternative modification plans from servicers like Citigroup as they bring alternate...
Read more »

Posted in Loan Modification | Comments Off

Affordable Short-Term Health Insurance Plans Needed For Unemployed As Concerns Over Uninsured Rise

01/04/2011
By

There are many who feel that affordable short-term health insurance plans may be more needed by unemployed individuals as the number of Americans who are without healthcare insurance seems to be on the rise. Numerous individuals who have been dealing with unemployment difficulties have had options for COBRA health insurance benefits, but there have...
Read more »

Posted in Business, Unemployment | Comments Off

Foreclosure Prevention Assistance Plans For Homeowners From Modifications And Home Loan Refinancing Options

01/04/2011
By

Concerns over foreclosures in the early part of 2011 have many who feel that foreclosure prevention efforts need to be revamped in the new year as there are predictions that home foreclosures may top 100,000 in January. Obviously, homeowners have called on home loan modification efforts to be accelerated as there are reportedly more...
Read more »

Posted in Banking/Finance, Loan Modification | Comments Off

Homeowners Turn To Deed In Lieu Of Foreclosure Plans To Avoid Formal Foreclosure On Mortgage But Not All Qualify

01/04/2011
By

Homeowners are attempting to use deed in lieu of foreclosure plans as one of the options to avoid a formal foreclosure on their mortgage, but the qualifications for the foreclosure alternative plans have disqualified some individuals from receiving this assistance. There have been homeowners who have stated that finding these forms of home loan...
Read more »

Posted in Banking/Finance | Comments Off

Secured Credit Cards Used To Rebuild Bad Credit–Do Consumers Benefit When Turning To Secured Credit Cards Options?

01/03/2011
By

Secured credit cards have often been used to rebuild bad credit score by consumers who have had a troubling time in their personal financial life. Yet, despite there being numerous individuals with poor credit problems, thanks to issues like unemployment and simple bad financial habits, many are unaware of the benefits some have seen...
Read more »

Posted in Banking/Finance | Comments Off

Mortgage Assistance For Homeowners Who Are Unemployed–Forbearance, Loan, And Grant Options Hoped To Stop Foreclosure

01/03/2011
By

Mortgage assistance options for homeowners who are unemployed have been offered in a variety of programs as some have been able to take advantage of forbearance opportunities, while others through the Hardest Hit Fund, have had the opportunity to either find forbearance, loans specifically for unemployed homeowners, or grant-like options from various state housing...
Read more »

Posted in Banking/Finance, Unemployment | Comments Off

Student Loans From Credit Unions–College Tuition Assistance For Traditional And Bad Credit Student Borrowers

01/03/2011
By

Student loans from credit unions may be an alternate option when it comes to borrowing money to meet college tuition costs as there are more students in need of tuition assistance or bad credit student loan opportunities. Typically, students have either acquired student loans from federal student loan plans or from a private lender,...
Read more »

Posted in Education | Comments Off

Debt Consolidation Loans For Bad Credit Borrowers And Debt Repayment Plans–Which Is More Helpful To Consumers?

12/31/2010
By

There have been some reports which have indicated that consumers are becoming more responsible with their debt and looking for ways to repay bad credit debt obligations which may be causing difficulty in their financial life. While there are still problems with some consumers who allow debt obligations to get out of hand, there...
Read more »

Posted in Banking/Finance | Comments Off