Foreclosure prevention is critical for families and individuals, the communities they affect, and the overall housing market. There is a continuing effort by both public and private agencies to provide loan modification program(s) designed to reduce foreclosures and get struggling homeowners into mortgages that they can afford. A loan modification, or loan restructure, is a [...]
Entries from January 19th, 2009
Current Status of Loan Modification Programs
January 19th, 2009 · 3 Comments · Mortgages, Real Estate
Tags: foreclosure prevention·loan modification·loan restructuring·Mortgages·Streamlined modification Program·subprime loans
The 2008 Foreclosure Numbers are Out– Not Pretty…
January 16th, 2009 · No Comments · Consumer Debt, Mortgages, Real Estate
If you live in one of the “sunshine” states of Arizona, California, or Florida, you have yet another talking point for your home state– these locations have recently been given the devious distinction of having posted the highest number of foreclosures in 2008. Given that Arizona is the home base for creditinfocenter.com, we’d argue that [...]
Tags: foreclosure rates 2008·Foreclosures·housing crisis·mortgage defaults·Real Estate·RealtyTrac data
No Cost Ways for Parents To Get Through Difficult Financial Times
January 15th, 2009 · 1 Comment · Budgeting
The difficult times associated with recession can leave parents feeling desperate. If you are struggling to provide for the needs of your children, chances are that you don’t have the resources for getting professional help. Also, there are only so many tips you can read for finding a job or saving money in your home [...]
Tags: Difficulty·Financial Tips·Parents·Stress Relief·Stress Tips·Stressful Times
Government Aid Programs Proposed to Stabilize the Real Estate Market
January 14th, 2009 · No Comments · Mortgages, Real Estate
Many members of Congress, not to mention those of us living on Main Street, are disappointed in the management-to-date of the funds earmarked for the Troubled Asset Relief Program. The 700 billion dollar bailout– now commonly known as TARP — has already had the first half of the funds committed, primarily to injections of capital [...]
Tags: Foreclosures·government aid·housing crisis·Mortgages·Real Estate·TARP
