Loan Modification

The mortgage market was in doldrums following the subprime mortgage crisis. More and more borrowers were defaulting on their mortgage payments due to the liquidity crunch. Such was the condition of the mortgage market in United States that the government had to intervene and rescue the mortgage market from further upheavals. To address the needs [...]

Bad economy and high unemployment means there are a lot of families facing financial crisis and possibly home foreclosure. Making Home Affordable refinancing and loan modification program is helping, but unfortunately, not everyone is eligible. This crisis creates opportunities for scammers who promise to stop foreclosure are out to make a quick buck. And this [...]

The key to getting out of debt for good is to have a positive cash flow and stop digging yourself deeper into debt. If you follow my previous step to earn more and spend less, you should have, or are on your way toward a positive cash flow at this point. The third step in [...]

This year, President Obama introduced the Making Home Affordable program to help homeowners to keep their homes by making mortgage payments affordable. The plan affects about 7 to 9 million people, and you can use the self-assessment tools to see if you’re eligible. When you visit the tool, you’ll notice that there are two options: [...]