----------------------------------
-----------------------------------
Homeowners in California and in a handful of other states could be injected with some much needed help from the Obama Administration. Recently President Obama announced a $1.5B program to help stop the foreclosure bleeding in some of the hardest hit states in the nation. My initial thought when I first saw the headline for this article was…more money for the banks! On the contrary, this looks more like a bailout for the borrowers. Read more…
(more…)
-
Loan Modification firms don't modify loans, BANKS DO! When you do a search online or in the phone book for companies that offer loan modification service, you'll find that there is no shortage of companies and law firms offering this service. Some of... -
Mortgage rates vs modification rates What interest rate are you qualified for? Well, that depends on whether you are trying to refinance or get a loan modification. I've spoken to many borrowers that are pursuing a loan modification because they... -
Steps to a Home Loan Modification with Bank of America Loan Modifications seem to be the last hope for a number of homeowners across America who are struggling with their mortgage payments. This is ever more clear with the rising foreclosures that is expected to... -
Take matters into your own hands! But, how do you show the bank you need a loan modification? The secret to a loan modification is how you present the modification package to your bank. If you are considering hiring a firm to help you with a loan modification or you are planning on... -
Obama's Program: Better or Worse? The Obama Program or The Making Homes Affordable (MHA) was introduced by Obama in March 2009. Is this program making things worse? Watch this clip. What do you think? The graph below illustrates how poorly...
- Weaky #11: Sweet Home, Nigeria Holy crap somebody fell for it. This is the greatest story I've read all year. Not because this woman lost thousands of dollars to the Nigerian scam, not because she's a flippin' idiot that should...
- Is It Possible To Make Millions On Forex In Short Time What do you expect when you start trading on forex market? Would you like to get a lot of money and to become a millionaire? Within what time you are going to earn your first...
- WSJ Complete Personal Finance Guidebook By Jeff Opdyke When it comes to a trusted source for financial news and information, it’s hard to beat the Wall Street Journal. They have introduced a line of guidebooks on many financial topics, but for this review...
- Wells Fargo Represented At Loan Modification Hearing (NYSE: WFC) The House Committee on Oversight and Government Reform held a hearing last week to discuss whether or not the processes used by lenders to implement HAMP and other loan modification programs are effective in helping...
- Geithner Introduces Foreclosure Plan, Bank Stocks Tank Yesterday President Obama allowed Geithner and his Treasury Department to once again speak to the media. They've finally given us the details on the $75 billion program designed to help people stay in their homes. ...
