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Citigroup Alternative Modification Plans After Homeowners Are Denied Federal Assistance Decrease

11/03/2011
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Citigroup saw decreases in the number alternative modifications that were offered to homeowners who were denied federal assistance from the Making Home Affordable Program according to reports that were released by the Treasury Department in October and gave us information on these particular options that homeowners have after a modification denial between June and...
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Low Interest Credit Cards May Offer New Customers Transfer Options On Balances But Some Advise Caution For Cardholders

11/03/2011
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Cardholders and consumers who are looking for credit cards at the present time may have seen increased activity in cards that are being marketed as low interest credit cards, but there are some who are also looking at aspects of these cards that may offer transfer opportunities for consumers who want to consolidate debt...
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Chase Short Sale And Deed In Lieu Of Foreclosure Programs See Differing Results For Homeowners After HAMP

11/02/2011
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Homeowners with J.P. Morgan Chase who have been able to take a better job with such programs as a short sale or deed in lieu of foreclosure plan may have found that this particular servicer can offer this type of transition from a home when financial distress is in place as part of programs...
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Paying Off A Mortgage Faster Through Refinancing–Options For Homeowners And Aspects Of Mortgages For Lower Costs

11/02/2011
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As we have seen rates on home loans remain quite low, some are in a position where paying off their mortgage faster through refinancing is once again becoming more popular for certain homeowners despite the fact that we have seen ups and downs this year in terms of the refinance Index that has been...
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Expectations For Underwater Refinancing Plan Vary As Homeowners Recall FHA Short Refinance Program Troubles

11/02/2011
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For underwater homeowners seeking opportunities to refinance, new options recently made available have led some to question the benefits that may be gained by these individuals as there are some who feel that homeowners may not see as much aid on a wide scale as they have in the past, which has led some...
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Nevada Hardest Hit Fund Program Offers Homeowners Assistance On Their Mortgage In State With Highest Unemployment

11/01/2011
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Reports on the unemployment rate in various states as of September indicate Nevada is the state with the highest level of unemployment as the rate currently stands at 13.4%, and this has obviously led to many problems in the lives of men and women who, in some instances, are having trouble meeting debt obligations...
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Free Credit Report For Consumers To Improve Their Bad Credit Score Often A First Step But How Is The Information Used?

11/01/2011
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Over the past few months as we have seen high levels of unemployment continue, with current rate standing at 9.1%, and there are consumers who are seeking financial setbacks and damage done to their credit as a result of either missed payments on debts or financial problems arising from other factors in their lives,...
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GMAC Trial Modifications Offered For Homeowners See Increases In Program Totals Recently Reported

10/31/2011
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Here at the end of October homeowners with GMAC Mortgage who are pursuing a trial modification may benefit from this particular course of action but there are still issues that many homeowners have had with a variety of servicers in the area of acquiring a trial modification plan. Yet, when we look at the...
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Consumer Spending Increases Despite Continued High Levels Of Unemployment But Areas Of Spending Lead To Concerns

10/31/2011
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We have seen reports that indicate consumer spending rose in September, despite the fact that we have seen continued levels of high unemployment and some rumblings that there are consumers having trouble repaying certain types of loan and credit card debts, which has led to a question over whether consumers are spending wisely or...
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Bank Of America Offers For Short Sales After Homeowners Are Denied A Modification–Mixed Results Seen In Latest Information

10/31/2011
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Homeowners with Bank of America who were unsuccessful in acquiring a modification may have pursued a short sale or even a deed in lieu of foreclosure plan, and there are reports that these plans for homeowners who specifically either had there trial modification canceled or were not offered at trial modification upon applying, have...
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