Citigroup Trial Home Loan Modifications From HAMP Decrease In Latest Reports Released In October

10/19/2011
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Citigroup trial home loan modification programs saw a decrease in the number of active trials that were reported as of August 2011, which was reported here in October and the most recent Treasury Department release following the progression of various servicers and their modification efforts. However, decreases in the trial modifications have been mixed...
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Proposed Underwater Refinancing Program For Current Borrowers Bring Questions Over Principal Reductions And Timing

10/19/2011
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Continued talks surrounding a proposed underwater refinancing program and changes to current programming that is available has many borrowers who are current on their home loan questioning whether this opportunity or changes will come in a timely manner, how it may benefit them at the present time, and whether options like principal reductions will...
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Employees May See Rise In Health Insurance Costs But Alternative Business Health Plans May Offer Lower Premiums

10/19/2011
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This year we have seen increases in health care costs for employers, but there is also the problem of employees possibly seeing increases in terms of how much they will pay for their health insurance as there are some employer group health insurance plans implemented by various businesses that will necessitate workers pay a...
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Increases In Auto Financing Delinquencies Have More Consumers Seeking Payment Assistance On Their Car Loan

10/19/2011
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There were some reports that indicated auto sales were up in the month of September, which may be the result of some consumers simply being in a position where they found affordable financing, while other reasons behind car sales will obviously vary, as some consumers are simply in a position where they need a...
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Small Business Loan Borrowing Options For Businesses Remain Available But Some Companies Opt For Investors

10/19/2011
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In the past weeks we have seen that there are some major banks who are committed to offering more funding for small businesses when it comes to borrowing opportunities, but there have also been some community banks and credit unions who are also in a position where they are attempting to offer more financial...
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Credit Card Payment Plans For Unemployed Bring Different Savings And Repayment Practices By Consumers

10/19/2011
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Credit card payment assistance plans that had been sought out by unemployed consumers have often varied, but in cases where consumers have either recently become unemployed or know that their job is ending in a set period of time, the way that they have addressed credit card debt is often varied and, when it...
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