Author Archive

Debit Card Fees On Accounts Led Some To Change Banks But Some Fees May Be Eliminated Or Offer Alternatives

10/29/2011
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The issue of debit card fees on various accounts have lead some consumers to consider switching banks and, over the past few days we have seen that there are many men and women who believe that turning to either an alternative financial institution outside of their bank or a nonprofit credit union could potentially...
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JP Morgan Chase Alternative Mortgage Assistance Plans–Mixed Results Seen In Most Recent Information

10/28/2011
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Homeowners with J.P. Morgan Chase who are seeking out mortgage payment assistance may benefit from alternative modifications as there were reports that homeowners who did not qualify for a federal modification with Chase did see increases in the number of alternative modifications in some cases. Typically, homeowners struggle with the federal modification program when...
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Conversions In Making Home Affordable Program–Are Homeowners Seeing More Transitions To Permanent Plans?

10/28/2011
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It goes without saying that a homeowner’s ultimate goal when seeking a modification from the Making Home Affordable Program is to acquire an affordable, permanent home loan modification plan as some homeowners have struggled to get a trial plan, while others may have found that it was difficult to transition from a trial to...
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Small Business Loans Still Being Called On For Economic Improvement But Are Business Confident To Borrow

10/28/2011
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There are those who feel that small business loans and access to credit will still be needed in the coming months if businesses are able to grow and stay in a position where they will be able to become more prosperous, hopefully attract more customers, and potentially add jobs in the future but there...
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Second Mortgage Foreclosures And Delinquency A Concern For Homeowners But Help Remains On Payments

10/27/2011
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As property devaluation has continued to be a problem for many homeowners, there are those who are in positions where second mortgages, that may be the result of actions like acquiring a home equity loan, are becoming more of a burden when homeowners are struggling to make payments on both a primary and secondary...
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Posted in Loan Modification, Real Estate | Comments Off

Chase Homeowner Bankruptcy For Those Seeking Mortgage Payment Help Increase In Latest Treasury Report

10/26/2011
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The homeowners with J.P. Morgan Chase who may face potential bankruptcy are in a position where there are opportunities to help them avoid such an action and potentially find more affordability on their overall home loan payment, but we have seen that homeowners who are denied mortgage modification assistance from the federal program have...
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Reports Of More Late Credit Card Payments Come With Continued Offers Of New Credit Cards By Lenders

10/26/2011
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Here in October we have seen reports surrounding both credit card debt and new offers that are being made by certain lenders, which may paint a mixed picture for consumers who may be in a position where credit card debt is either a problem or these individuals could possibly be in a position where...
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Savings Accounts With High Interest Rates–What Consumers Use Savings For And Current Options On Rates Available

10/25/2011
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Savings accounts that come with high interest rates are one option that some consumers are looking for when it comes to setting aside money for college, saving money for a major purchase like an automobile or even a home, but there are also some consumers currently in the market for these high interest savings...
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Citigroup Short Sale And Deed In Lieu Of Foreclosure Plans After HAMP Denials See Decreases

10/24/2011
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We have seen over the past months that there are some mortgage servicers who are pressing alternative programs like the short sales or deed in lieu of modification plans, as a way to hopefully avoid long and drawn out foreclosure processes, as well as help homeowners transition and keep foreclosed properties from sitting empty...
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As Consumers Continue To Turn Toward Credit Union Account Benefits Many Are Urged To Look At Multiple Banking Options

10/24/2011
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While the benefits that come from credit union accounts are nothing new, recent events that have occurred in the world of banking have left some consumers looking into alternative banking opportunities that may offer more benefits, perks, or more affordability when it comes to their banking needs. Yet, when it comes to these banking...
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