Author Archive

Predicted Trends In Jobs May Lead To More Homeowners In Need Of Unemployment Foreclosure Prevention Programs

10/06/2011
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As we near the 2011 holiday season many retailers are beginning to add part-time employment opportunities that may be beneficial for consumers who might be unemployed or who are looking for an additional source of income to meet their financial needs, but there have also been some predictions that may point to a negative...
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Posted in Loan Modification, Unemployment | Comments Off

Using Retirement Funds To Pay For Unemployment Health Insurance Costs–Some Options Allow Help From Distributions

10/05/2011
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Over the past weeks we have seen ups and downs in the number of new jobless claims but unemployment has remained over 9% as well, with some consumers seeing the timeframe they have been unemployed extend for months without any opportunities for a new job arising. This has obviously caused a great deal problems...
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Posted in Business, Unemployment | Comments Off

Reverse Mortgage Financing Offering Financial Assistance Options For Homeowners–Housing Could Make Borrowing More Difficult

10/04/2011
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Despite the fact that there have been some banks who are exiting the reverse mortgage market, there is still an interest by some homeowners when it comes to acquiring this type of home loan as many see this as a way to get financial assistance during their retirement years when it comes to helping...
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Posted in Banking/Finance, Real Estate | Comments Off

Mortgage Assistance Programs From MHA Servicers In Need Of Improvement In Some Areas–How Homeowners May Avoid Problems

10/03/2011
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Mortgage servicers who have been working with homeowners in the Making Home Affordable Program have seen positive results in terms of a growth in the number of permanent modifications that we have seen on a month-to-month basis according to Treasury Department reports but there are still issues that homeowners face in areas where improvement...
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Posted in Banking/Finance, Loan Modification | Comments Off

Retirement Investment Plans Through Diversified Savings Plans–Options For Building Retirement Funds

10/03/2011
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Over the past few months we have seen some financial advisers point out that there is concern when it comes to the number of individuals who are properly saving money, specifically for retirement plans, as those who are either employed but may not take advantage of retirement savings plans or consumers who are self-employed...
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Posted in Banking/Finance | Comments Off

Home Loan Modifications From Private Programs See Continued Success But Are Homeowners Benefitting From Proprietary Plans?

09/29/2011
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The number of private home loan modifications available directly from mortgage servicers through proprietary plans saw an increase in August, which follows a trend that we have seen over the past few months in terms of increases in this particular area for homeowners who are looking for alternate ways to pay their mortgage obligations...
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Lowering Home Loan Debt–How Consumers Are Finding Lower Mortgage Costs And Getting Help With Mortgage Payments

09/29/2011
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Homeowners who are still struggling under economic conditions that may be impacting their income, job, or their home have all found themselves in a situation where they are looking to lower their home loan debt, and certain opportunities that are still present here as we end September that remain in the housing market has...
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Posted in Banking/Finance, Loan Modification, Real Estate | Comments Off

Comparing Costs On Credit Cards For College Students–Can Current Rates Offer Affordable Repayment Options?

09/28/2011
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Costs for college student credit cards will obviously vary depending on the cardholder and lender, but here at the end of September, students who are looking into credit cards, or parents that maybe in a position where they are considering a student credit card for their child need to be aware of rates that...
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Posted in Banking/Finance | Comments Off

Unemployed Homeowner Assistance Through The Emergency Homeowners Loan Program Deadline Nears

09/28/2011
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Homeowners who are unemployed may have had opportunities to apply for the Emergency Homeowners’ Loan Program, as there are some men and women in states where alternative programs like the Hardest Hit Fund has not been offered but these dischargeable loans through the EHLP may have potentially offered foreclosure prevention assistance to those who...
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Posted in Banking/Finance, Loan Modification | Comments Off

GMAC Mortgage Bankruptcy Plans After Homeowners Denied In HAMP See Some Increases

09/27/2011
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Homeowners with GMAC Mortgage may have seen that bankruptcies did increase for homeowners who were not offered a permanent home loan modification, or who were initially denied a trial modification within the Making Home Affordable Program, as there have been some men and women who have found themselves in such a difficult financial position...
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Posted in Banking/Finance, Loan Modification | Comments Off

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