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...
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Unemployment continues to be one of the main hinderances in the housing market and within the personal lives of many consumers as well, but there are still opportunities available through the federal Unemployment Program, which is part of the Treasury Department’s Home Affordable Modification initiative, and it may bring about solutions to the problems...
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As unemployment remains at 9%, there are numerous men and women who are currently looking for a job or attempting to transition from their current employment situation to another, and in many cases are finding that this is still a difficult task despite the fact that some may have been in the workforce for...
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The federal mortgage modification program was hoped to help over 1 million homeowners, with some estimations being around 2 or 3 million homeowners, but reports released here in November, which track data through September of 2011, indicated that there were only 720,612 permanent modifications that were currently active, which is obviously far fewer modifications...
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Reports from the third quarter have indicated that there is data to show some homeowners are falling behind on their mortgage payments as delinquencies did increase, which has given some mixed opinions to the topic of mortgage delinquency as some officials feel that these problems that recently arose in terms of homeowners missing payments...
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Homeowners who are looking for assistance may find free help from housing counseling resources available from programs like the Homeowner’s HOPE Hotline as recent information has shown that numbers from August to September have remained strong in terms of the homeowners who are calling in and receiving free housing counseling assistance. Obviously, homeowners may...
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