Homeowners in Florida who have had mortgage payment troubles are seeing that, according to the latest information from the Treasury Department, modification programs from the Making Home Affordable initiative are seeing improvements in this particular state, which is one of the areas that has been particularly impacted by housing troubles and unemployment. Obviously, when...
Read more »
As debit card fee increases remain an issue that many banking customers are focusing on, there are consumers who are thinking of switching gears entirely and relocating their banking business from one institution to another, and specifically when we look at checking accounts, these consumers are looking for the high interest rates on their...
Read more »
It may be no surprise that some banks are still seeing increases in foreclosure starts and completions, as homeowners continue to struggle with their payments, some delinquencies are on the rise once again, and a backlog of foreclosures still remains on the housing market, which means that continued foreclosure processes will be seen for...
Read more »
As we conclude the third week of October, we have seen some mixed reports in terms of balance transfer credit card rates, as there are some indications that rates have remained unchanged while there are also some averages that show these cards have increased slightly. However, the most recent data we have suggests that...
Read more »
It was reported that new jobless claims decreased last week, which could be a positive sign in some ways as these claims have not increased but they are still much higher than many economists feel is beneficial for overall recovery when it comes to employment creation and consumers finding their way back into a...
Read more »
Here in October we are still getting complaints from some businesses when it comes to access to funding that may be available for companies in need of financing for various purposes, and arguments continue to be made that until credit is more accessible, some businesses may be unable to grow or continue to thrive...
Read more »
Alternatives to foreclosure from J.P. Morgan Chase, specifically short sales and deed in lieu of foreclosure plans, saw improvements within the federal Home Affordable Foreclosure Alternatives initiative between July and August, as homeowners with Chase saw increases in not only these agreements that have been started but the number that had been completed as...
Read more »
Data from earlier this year has led to information stating that borrowers who may have a lower credit score, meaning they are considered subprime borrowers, have seen more credit card offers made available and cards issued to these consumers, which may be beneficial for current consumers who are looking for a line of credit...
Read more »
As consumers are facing high levels of debt in some areas, more specifically facing problems with an inability to make payments on certain types of debts, there are some who have considered debt settlement when financial problems have arisen to the point where they can no longer meet even minimum payments and feel that...
Read more »
For Wells Fargo homeowners who may be looking to take advantage of the short sale programs or deed in lieu of foreclosure options from the federal Foreclosure Alternatives initiative, recent reports have indicated that Wells Fargo has made increases in the area of agreements started and completed under the Home Affordable Foreclosure Alternatives plan,...
Read more »
