Author: Alex Strobel

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 Read more

Bank of America homeowners seeking permanent modification assistance or a simple opportunity to participate in a Bank of America trial modification plan may be in a position where, if they do meet certain qualifications, this can be one route of Read more

Here in November we have the most recent information from the Making Home Affordable program and reports show that the total number of active permanent modifications increased between August and September for homeowners who are seeking federal foreclosure prevention assistance.  Read more

The total number of offers that have been extended and trial modifications that have been begun by JP Morgan Chase saw improvements between July and August according to the most recent information we have concerning the federal home loan modification Read more

Small businesses that are looking for loans may be in a position where they are seeing that access to credit is difficult to come by or, according to some officials, small businesses are simply not in a position where they Read more

Despite the fact that jobless claims slightly fell last week, there was a minimal decrease as only 2000 fewer claims were reportedly made and this does still leave the number of jobless claims in an area that many feel is Read more

Many servicers have seen ups and downs when it comes to the number of trials that are currently active in the modification program, but when homeowners look at the total number of modifications that have been offered and started, and Read more

Homeowners with Bank of America who are in a unique position where a primary and secondary mortgage are in place and may be causing payment problems, as a result of factors like unemployment or other financial issues that homeowners face, Read more

We have seen increases in some areas of consumer debt, as information was made available through reports released here in October, that point out some consumers are having trouble when it comes to honoring certain types of loans, but there Read more

Consumers who are suffering from financial setbacks have often turned to counseling agencies as a way to help them find solutions to any financial problems or issues which may have arisen, but we have recently seen new options that may Read more

Recent reports have indicated that costs for health insurance, specifically small business health insurance plans, have increased this year which may have some employers considering other types of insurance policies, rather than sticking to a traditional employer group health insurance Read more

Bank of America homeowners who have been unsuccessful at acquiring federal home loan modification may benefit from alternative modification plans as a recent Treasury Department reports show that alternative modifications have been offered for an increasing number of homeowners whose Read more

We’ve seen numerous homeowners struggle with mortgage payments over the past months, but in some instances we saw that a second mortgage may have been the problem, which would obviously offset benefits that may have been received when a primary Read more

We’ve seen numerous homeowners struggle with mortgage payments over the past months, but in some instances we saw that a second mortgage may have been the problem, which would obviously offset benefits that may have been received when a primary Read more

Options that homeowners have when it comes to combating mortgage payment distress and problems like unemployment has come through modification programs but some of the latest programs that have arisen are the result of the Hardest Hit Program, which is Read more

Here in October home loan delinquency has still remained a focus for many consumers but there are positive results coming from certain servicers like Wells Fargo who have seen decreases in the number of delinquencies being tracked within the federal Read more

Here in October home loan delinquency has still remained a focus for many consumers but there are positive results coming from certain servicers like Wells Fargo who have seen decreases in the number of delinquencies being tracked within the federal Read more

Mortgage assistance from Citigroup to homeowners seeking help with their second lien mortgage payment is seeing some improvements in the Second Lien Modification Program but there have also been some decreases, which have left homeowners questioning how beneficial or available Read more

J.P. Morgan Chase homeowners may have seen increases in the number of foreclosure starts and completions in some areas after a failed attempt at the home loan modification program has arisen, but there are numerous servicers who are seeing continued Read more

Recent reports have indicated that there are some housing markets that are seeing improvements in home prices, but these increases have been incredibly small in some cases, and there are still overall indications that the average home values currently being Read more

Recent changes that have been reported from many major banks regarding their fee structures and how consumers will be charged for using certain types of accounts have led some to consider other financial institutions for their banking needs, and when Read more

Reports have indicated that lenders are offering more access to borrowers with a bad credit score as a result of certain factors that are currently in place that have led to some creditors seeing lower levels of credit card use Read more

GMAC Mortgage homeowners who are pursuing a permanent modification may have good news in that permanent modifications that are currently active continue to increase with GMAC as the recent Treasury Department reports on this specific area of modification program have Read more

Consumers are turning to secured personal loans as a way to gain financing for various reasons when a bad credit score may factor into their ability to borrow a traditional loan, but when it comes to getting an affordable payment Read more