Uncategorized

Increases In Foreclosures Predicted To Create Further Problems For Underwater Homeowners And Housing Prices

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 are […]

Uncategorized

Information In November For Bank Of America Permanent Modification Plans See Increase

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 foreclosure prevention that proves successful as we have recently seen more homeowners who are being […]

Uncategorized

Total Home Loan Modifications In Making Home Affordable Program Increase–Latest Information In November Release

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.  Obviously, homeowners with a variety of servicers are still looking for help when it comes […]

Uncategorized

Chase Trial Modification Offers And Starts See Increases In Latest HAMP Data For Homeowners Seeking Lower Payments

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 program, which may be beneficial news to homeowners who are currently looking for mortgage payment […]

Uncategorized

Despite Decreases In Jobless Claims Total Remains Above Level Where Economists Say Job Growth Takes Place

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 unhelpful for job creation. Economists believe that when jobless claims remain above 400,000 this is […]

Uncategorized

Total Modification Trial Programs From Wells Fargo Show Increases–How Are Homeowners Benefiting From Plans?

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 compare this data to the successfulness of a particular program, it may give those who […]

Uncategorized

Bank Of America Homeowners Seeking A Second Lien Modification See More Plans Offered In Recent Reports

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, may have seen that there are continued opportunities being made for the Second Lien Modification […]

Uncategorized

Consumer Spending Leads To Questions Over Consumer Confidence Or Relying On Credit For Purchases

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 are also some reports that stated consumers saw a huge leap in the amount of […]

Uncategorized

New Credit Counseling Options For Consumers May Offer Access To Credit Score And Personal Credit Report

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 be available to consumers that will offer such benefits as access to their credit score, […]

Uncategorized

Lowering Business Health Insurance Costs May Lead To Changes In Policies And Use Of Health Savings Accounts

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 plans that may be getting expensive and causing financial distress in companies where the slow […]

Uncategorized

Bank Of America Alternative Modification Program See Increases In Recent Data For Homeowners Offered Aid

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 trial modification was either canceled or for those who were not accepted for a trial […]

Uncategorized

Second Mortgage Modifications From Wells Fargo See Improvements In Help For Homeowners In Federal HAFA Program

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 mortgage was modified or a lower payment was offered, but servicers like Wells Fargo have […]

Uncategorized

Second Mortgage Modifications From Wells Fargo See Improvements In Help For Homeowners In Federal HAFA Program

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 mortgage was modified or a lower payment was offered, but servicers like Wells Fargo have […]

Uncategorized

Hardest Hit Fund Programs For Mortgage Payment And Unemployment Aid–Why Some Homeowners Are Still Unaware

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 available in various states by housing agencies and certain mortgage services. Yet, there are some […]

Uncategorized

Wells Fargo Delinquency For Homeowners Decrease In HAMP–Modification Plans Continue To Offer Aid On Mortgage Payments

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 Making Home Affordable Program. While improvements are also being seen in the area of modifications […]

Uncategorized

Wells Fargo Delinquency For Homeowners Decrease In HAMP–Modification Plans Continue To Offer Aid On Mortgage Payments

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 Making Home Affordable Program. While improvements are also being seen in the area of modifications […]

Uncategorized

Second Lien Mortgage Assistance Modifications From Citigroup See Some Decreases But Improvement In Current Active Plans

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 this program may be from certain financial institutions. Yet, Citigroup homeowners, among many others, do […]

Uncategorized

JP Morgan Chase Foreclosures Within Governmental Modification Assistance Program See Increases In Recent Reports

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 foreclosures as homeowners continue to struggle with the requirement of meeting their mortgage payment as […]

Uncategorized

Options For Refinancing A Negative Equity Home Loan Being Considered But Some Homeowners Still Tempted To Default

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 seen in the housing market are down from this time last year, which has simply […]

Uncategorized

High Interest Savings Accounts From Online Banks And Credit Unions–Will More Options Be Available?

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 it comes to looking into savings accounts, specifically high interest savings accounts, there are those […]

Uncategorized

Access To Affordable Credit For Borrowers With A Low Score Still Being Sought But Overall Credit Card Use May Be Declining

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 by certain consumers. Bad credit borrowers are usually in the position where they are either […]

Uncategorized

GMAC Mortgage Homeowners Seeking A Permanent Modification Assistance Plan See Increases In Latest Reports

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 shown that increases have not only been made with this particular servicer but with other […]

Uncategorized

Using Secured Personal Loans With A Bad Credit Score–How Consumers Are Making Repayments More Affordable

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 or simply lowering the overall costs on these secured loans, consumers may have different plans […]