Homeowners who have faced foreclosure and feel that a review may have been in their favor or are questioning whether their bank properly adhered to foreclosure practices when specifically looking at their case have seen that the Office of the Comptroller of the Currency has recently released information regarding foreclosure reviews in cases where...
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We have seen, with the fallout that has occurred from proposed fees that banks had recently planned to implement, there are still consumers who are looking for alternatives to a major bank’s checking account, which at the present time seemingly will not offer any new fees from these major lenders who had previously proposed...
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As there are continued offers being made for balance transfer credit cards and arguments that state more consumers to be considering these cards as a way to get a handle on their debt, rates that are being seen have remained relatively unchanged over the past few weeks but when it comes to using one...
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Homeowners with Wells Fargo who had been looking for ways to lower their mortgage payments through the federal home loan modification program but, as a result of financial problems, have fallen into delinquency are growing smaller in number as a recent Treasury Department reports indicate that homeowner delinquency for Wells Fargo within HAMP have...
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Obviously, homeowners over the past months have been refinancing in the hopes of acquiring a much lower rate as current interest rates are still remaining around 4%, on the 30-year fixed rate home loan option, with a 15-year and 20-year mortgage seeing rates slightly lower, but even homeowners who may not qualify for these...
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Debt relief programs or various strategies that are used when consumers have a substantial amount of personal debt in place often vary when it comes to the type of debt a consumer has and how much debt they face, in relation to factors like income or the stability of their employment situation. Yet, we...
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Consumer debt has reportedly reached a level that may have been comparable to levels we saw before economic downturns began and consumers started struggling when it comes to areas like their job, income, and overall personal financial life. Due to the fact that we are seeing more consumers acquire debt, there are those who...
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Here in early November the Treasury Department released data that has followed the federal home loan modification program through the month of September and, for J.P. Morgan Chase homeowners who have been seeking a modification from the Making Home Affordable Program, there was an increase in the number of foreclosure starts and completions in...
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Many consumers are in a position where they are not as confident as financially at the present time as they feel they were in years past, but we recently saw that the number of jobs that were added in October, in terms of non-farm payrolls, brought about new employment opportunities and currently we are...
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Homeowners who have been looking for assistance from HAMP are not always in a position where they have been able to avoid problems that have arisen and successfully take advantage of mortgage payment assistance, which have led some to file bankruptcy for a variety of reasons, particularly when a substantial amount of debt has...
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