Obama's Foreclosure Plan

We all have trouble paying our account nowadays. This suggests that we do not pay the full installment on our monthly bills, or that we don’t pay them at all, which places us in arrears, and then we go into debt. If you did a little bit of reading into the situation you’ll find that [...]

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If you live in South Carolina, you just got a break! The SC highest court on temporarily halted thousands of pending foreclosures in the state on Tuesday to allow homeowners the extra time needed to take advantage of the Obama Foreclosure Plan to help them refinance troubled mortgages.
The court injunction — which loan experts say [...]

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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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By Don Miller Contributing Writer Money Morning
New home construction fell in November by the largest amount in a quarter-century, as builders slashed production while facing the worst economic conditions since the Great Depression. However, a new blizzard of government money may be coming to your neighborhood, and it promises to be a true bailout [...]

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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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On Saturday, January 31st, President Barack Obama promised America that he would lower mortgage costs as part of the financial rescue package. The exact terms and methods of how he is going to do this has not been disclosed, but in the near future, the entire rescue plan will be released to the public. Many [...]

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