A number of US banks have teamed up to ensure that consumer complaints related to foreclosure processing are addressed. These major banks plan to launch a common website, as well as a toll-free phone number and advertising...
It is common knowledge that paying extra towards your mortgage could help you pay it off years sooner, saving you thousands in interest payments. Despite economic woes, many people can still afford to pay extra towards their...
23 Sep, 2011
Economy Breaking Many American’s Nest Egg
It doesn’t seem like too long ago people were building great retirement funds and buying second homes on the beach to live out their “Golden Years”. Although the American Dream is still very much alive, making it come...
In a short sale, banks agree to accept less than the value of a mortgage, at a loss of profit. In many states, banks can pursue borrowers for these losses and it is completely legal. This is known as a deficiency judgment....
With so many loan modifications, modification programs, foreclosures and short sales these days, a little rumor control is mandatory. The loan mod industry is rife with hucksters, con artists and rumors. Still, there are more...
