Obama's Foreclosure Plan

Stress at home is becoming a much larger issue than ever before! As more people lose their jobs or have to settle for lower paying positions due to company cutbacks, many of us are facing something we never thought we would, Foreclosure on our Homes! For those of us who take pride and responsibility in [...]

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Obama plans to work with regulators this week and delve into one of the few remaining targets keeping many people afloat, the Credit Card Companies! Regardless of whether this is good or bad for any of us, the net result will be a further tightening of credit to consumers!
Credit Card Companies Suck!
Lets not beat around [...]

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Foreclosure Prevention Services are one of the hottest new trends in the market after the Obama Foreclosure Prevention Act went into effect! As you can well imagine, the wolves that were spit out from the crash of the sub-prime lending industry, see this as a new breath of life, and prey on the innocent homeowners [...]

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The Maryland foreclosure process is not that difficult to understand. In Maryland, as with the rest of the United States excluding a few blue-chip areas, foreclosure rates on home mortgages are at record high levels. If you are in a compromised position concerning the state of your home mortgage and have questions concerning your rights [...]

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Last week I mentioned the friend of mine who was contacted by Citigroup to refi his home… Lets just call him Tom. Well, Tom is the now in full swing talks with Citigroup about his home refinance and it all looks very good for him to have a new mortgage within the next 7-10 days!
Why [...]

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So – I went over to a friends house on Thursday… its out weekly poker night! We feel its safer to gamble with each other, than in the stock market!   and besides… if I am throwing money away, I would rather it go to someone I know, than one of these wall street [...]

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Many Americans want to know one simple thing… Where is OUR Bailout?
Banks have been give BILLIONS by the Fed (that would yours and my tax money btw), and yet they still won’t not loan money or cut back on the credit requirements, even for those of us with good credit! To Top it all off [...]

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One of the biggest questions coming out of the new Obama Foreclosure Plan today, revolves around eligibility! How do you know if you qualify for help under the new housing plan? In this post, we take a look at the key talking points and how they affect you.
Prepare Yourself for the Foreclosure Eligibility Test
Being prepared [...]

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The news or threat of foreclosure on your home or property could be very devastating for anyone, especially seniors. Knowing the regulations preventing foreclosure could do you a lot of favor. If your financial situation is stressed out thin, you are definitely under huge pressure to come out with the much needed money. When you [...]

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Ask your Bank to Work with You
Talk to your bank as soon as you know that you are late on a payment and ask for a workout agreement. The sooner you start an open dialog with your bank the better. I know that it can feel humiliating to lay out your financial story to some [...]

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