In the wake of the worst housing downturn our country has seen in decades combined with massive unemployment, many people are turning to foreclosure investing as an alternative way to make ends meet. Ares hit extremely hard by the housing crisis, like Florida and Nevada, have seen housing prices slashed by as much as 70% [...]
Many struggling homeowners are frustrated by trying to get a loan modification from their lender. However, with the new federal loan modification process (HAMP) begun last month, borrowers have cause to rejoice. It appears that the Federal Treasury Department has reacted to a dismal nationwide low rate of permanent modifications being offered to struggling homeowners [...]
Dealing with lenders regarding a loan modification application can take months of agonizing waiting, according to thousands of frustrated homeowners. The Obama administration, unsatisfied with the long process and lack of association with banks, created the HAMP alternative for loan modification relief. Through HAMP, a loan modification within 30 days through the federal plan, said [...]
Homeowners across the US have no doubt felt the financial impact during the recession as many lose their homes in foreclosure each month despite loan modification efforts. However, the Obama Administration is hoping that a new program will help prevent homeowners from becoming another staggering foreclosure statistic. Obama’s loan modification program is specifically designed for [...]
Due to the lagging economy and threat of a double dip recession, foreclosure rates continue to rise and loan modification and foreclosure scams are piggybacking all the way. Locating a viable source of foreclosure relief is vital for any homeowner that is facing difficulty in keeping up with their monthly responsibilities. Whether the hardship is [...]
With identity theft protection scams running rampant, it’s important that people understand what to do if their identity is stolen. Identity theft protection is a somewhat complex subject and one that is not typicallyly discussed in the media. Thousands of individuals have their identity stolen each day, according to recent polls. Fortunately, there is a [...]
Under the Obama administration, their early effort to help people in danger of losing their homes is falling flat. Currently, more than a third of the 1.25 million borrowers who had enrolled in the $75 billion mortgage modification program have already dropped out. These figures exceed the number of borrowers who have successfully managed to [...]
Amidst slumping test scores and a shrinking budget school officials are doing whatever it takes to create a better educational environment for our children, even if it means shortening their school week. About 120 schools across the U.S have begun a Tuesday through Friday schedule that is not only meant to save money, but also [...]
Home loan modification assistance is still available on a limited case by case basis for Bank of America homeowners with over encumbered or upside down mortgages. Basically, this scenario is defined as when the homeowner owes more on the loan than the value of the home. A troubling trend that has developed among homeowners who [...]
The war between gods of technology Microsoft and Apple rage on in the light of the new iPhone 4 release scheduled June 24th. It seems as of last week Microsoft has been purged from its throne as king of the tech industry. Of course, this is nothing new to anyone who may be a diehard [...]
