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

11/09/2011
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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...
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Foreclosed Homeowners Seeking A Review May Have Options But Questions Remain Over Helpfulness Of The Process

11/09/2011
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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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Alternative Checking Accounts With A Debit Card And Bank Credit Cards–Strategies Consumers Use For Purchases

11/09/2011
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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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Changes In GMAC Mortgage Plans For Homeowners Seeking Trial Payment Aid Show Decreases

11/09/2011
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Trial modifications for GMAC Mortgage homeowners did see a slight decrease between August and September, according to the most recent Treasury Department reports released here in November, but this does not mean that homeowners who are seeking a trial modification are not finding help in terms of opportunities available for lower mortgage payment assistance...
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Increases In Foreclosures Predicted To Create Further Problems For Underwater Homeowners And Housing Prices

11/09/2011
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Increases that are predicted to be seen in foreclosures have some of the mind that this will lead to further problems when it comes to underwater homeowners and housing prices as many argue that not only are homes which are sitting empty in the housing market pulling down prices in some areas but there...
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Homeowner Unemployment Modification Plans Offering Lower Payment May Be Unavailable Through Traditional Programs

11/08/2011
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Over the past months we have seen inquiries into homeowner unemployment modification plans, as there are those who are currently without a job that hope to take advantage of modification options that are currently in place but homeowners may be unaware of aspects of these programs that could make traditional modification plans that offer...
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