For Loan Modification, Don’t Fall Behind
When Jamie Arthur heard about President Barack Obama’s Making Home Affordable plan, a sense of relief overcame the Pennsylvania resident. While she wasn’t in foreclosure, the unemployed homeowner...
View ArticleMoney Matters: Should I Ditch My Home?
I don’t have equity in the home I bought three years ago. When is it time to ditch a house, even if you are current on your mortgage payments? —C. Jones Via E-mail First off: You’re not alone. Right...
View ArticleBank of America Offers Bailout to Homeowners
If you have a mortgage with Bank of America, and you’re extremely underwater, you just might be in luck. Bank of America has announced plans to extend about $3 billion in loan forgiveness to 45,000...
View ArticleDon’t Walk Away
George and Mae Hicks Until recently, owning a home was the wealth-building move. These days, many homeowners are contending with more mortgage than the home is worth, joblessness, and other financial...
View ArticleYour House is a Home—Not an ATM
Millions of homes across the nation are worth less than their mortgages. The nation may be in recovery mode but millions are still stuck in a financial quagmire. Over the past few years, far too many...
View ArticleMake Your Mortgage Affordable
Kimberly Whitehead was just a week shy of seeing her foreclosed one-bedroom condominium in Atlanta auctioned off when she received a modification on her mortgage. It had been a tedious 18-month process...
View ArticleNew Software Helps Homeowners Avoid Foreclosure
Stephfan Nurse, founder of ConsumerEducationOnline.com, says a successfully modification is possible when you avoid human error (Image: Source) As millions of homeowners struggle to make their mortgage...
View ArticleNew Hope for Mortgage Relief
Richard and Melvina Bogan are trying to keep from foreclosing on their home In a twisted bit of irony, former loan officer Melvina Bogan and her husband, Richard, are fighting to save their Los Angeles...
View ArticleInfographic: Housing Counseling Could Make Your Dream a Reality
If you’re thinking of purchasing a home or modifying an existing mortgage, a housing counselor can help. In fact, homeowners who sought counseling for a loan modification from a National Foundation for...
View ArticleHUD Secretary Julian Castro Determined to Increase Homeownership for Blacks
HUD Secretary Julian Castro pictured right When Housing and Urban Development Secretary Julian Castro was growing up in San Antonio, many of his friends and peers lived in public housing. In...
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