Mortgage Modification: do you qualify?

If you cut through all the complicated qualifications and regulations for the administration’s mortgage modification and foreclosure prevention programs, there is one number at the center of everything.  If you understand this number [...]; . . . → Click Here to Read the Full Article

Foreclosure prevention program adds “cram downs” and other features to help homeowners

Since the beginning of this housing crisis many observers have argued that it will never be solved until lenders were willing — or were forced — to “cram down” the principle on the mortgages to bring [...]; . . . → Click Here to Read the Full Article

Overdraft Protection is a scam you should avoid

If you have a debit card you may get a letter in the mail telling you that you are no longer protected from overdrafts unless you tell the bank that you want to sign up for [...]; . . . → Click Here to Read the Full Article

Debt and credit related complaints dominate FTC’s top ten

In 2009, “Identity Theft” accounted for 21% of all complaints filed with the Federal Trade Commission.  Number two was “Third Party and Creditor Debt Collection” which totaled 9% of all complaints (119,549).  “Credit card” complaints come [...]; . . . → Click Here to Read the Full Article