Banking/Finance

Permanent Modifications From J.P. Morgan Chase Increase–Latest Information From HAMP Shows Improvements

11/19/2011
By

Permanent home loan modifications with J.P. Morgan Chase increased between August and September and, for homeowners who are currently in the process of pursuing modification assistance, this could be positive news as it does show this particular servicer, among others is still seeing improvements in the area of permanent home loan modifications that are...
Read more »

Posted in Banking/Finance, Loan Modification | Comments Off

Underwater Mortgage Refinancing Options From HARP–Why Some Homeowners May Not Benefit

11/19/2011
By

Recent changes to the Home Affordable Refinance Program are hoped to bring benefits to the homeowners who have been struggling with negative equity over the past months or even years, but there are some aspects of this plan, which are predicted to help less than 1 million homeowners, but may still prevent some from...
Read more »

Posted in Banking/Finance, Real Estate | Comments Off

Balance Transfer Credit Card Rates May Be Higher For Some Cardholders–Costs Become More Of An Issue

11/16/2011
By

Balance transfer credit card rates have remained somewhat unchanged over the past weeks but, depending on the average rate that a cardholder researches, but there have been some slight increases in overall averages as some cards may range anywhere between 12% to 16% or higher, yet as cardholders are not always in a position...
Read more »

Posted in Banking/Finance | Comments Off

Using 401(k) Loans When Refinancing–Homeowners Apply Cash Towards Mortgage Principal But Drawbacks May Arise

11/16/2011
By

Over the past months we have seen some workers borrow money from their 401(k), in the form of a 401(k) loan, for various purposes and, in some instances there have been homeowners who have used funds from their retirement as a way to apply money towards their mortgage principal at the time of refinancing...
Read more »

Posted in Banking/Finance, Real Estate | Comments Off

Citigroup Sees Some Positive Numbers In Foreclosures For Homeowner Seeking Federal Aid On Mortgage Payments

11/11/2011
By

Citigroup homeowners who were pursuing a federal home loan modification, in some situations, have fallen into foreclosure but according to the most recent Treasury Department reports that were released here in November more positive data has been seen. While foreclosure starts and completions are something that countless homeowners are attempting to avoid, it does...
Read more »

Posted in Banking/Finance, Loan Modification, Real Estate | Comments Off

Repayment Plans For Debt Relief Offer Alternatives To Personal Consolidation Loans For Certain Consumers

11/11/2011
By

Consumers who are struggling with debt at the present time are in a position where they are looking for repayment plans or various ways that may be specifically helpful for their financial position as it goes without saying that some consumers may face different obstacles when it comes to getting out of debt but...
Read more »

Posted in Banking/Finance | Comments Off

GMAC Mortgage Delinquencies Decrease In HAMP As Homeowners Continue To Move Through Assistance Plans

11/11/2011
By

Homeowners with GMAC Mortgage who are behind on their payment decreased in data released from the Treasury Department indicating that homeowners who are delinquent and may qualify for HAMP assistance may be in a position where these mortgage payment plans that have reduced homeowner payment obligations could be helping more individuals, despite the fact...
Read more »

Posted in Banking/Finance | Comments Off

Home Affordable Alternatives Program For Wells Fargo Sees Increases For Financially Troubled Homeowners

11/10/2011
By

Wells Fargo homeowners who may be in a situation where financial distress is present and negative equity happens to be a problem have, in the past, turned to short sale and deed in lieu of foreclosure plans as a way to help them transition from their home when these problems are in place, and...
Read more »

Posted in Banking/Finance, Real Estate | Comments Off

After Getting A Free Credit Report Some Struggle To Overcome Old Debts In Bad Credit Repair Process

11/10/2011
By

Many consumers often begin the process of improving their bad credit score through acquiring a free credit report as many men and women often take advantage of an annual credit report available to them, specifically for the purposes of reviewing one’s financial history, credit standing, and where areas of debt may still need to...
Read more »

Posted in Banking/Finance | Comments Off

Bank of America Foreclosures In Federal Modification Program Increase–Homeowners Seek Alternative Foreclosure Prevention

11/09/2011
By

Bank of America foreclosure prevention assistance has come quite often through the federal modification program but homeowners who have either been denied modification assistance or had their trial modification canceled by Bank of America saw increases in the number of foreclosure starts and completions between July and August of 2011. This information on homeowners...
Read more »

Posted in Banking/Finance, Loan Modification, Real Estate | Comments Off

Advertisements