While short sales have yet to gain the accolades they warrant in some cases, the truth is that an increase in short sales is a good sign. Mortgage industry experts agree that short sales are an indication that the foreclosure crisis may be headed to a close and the market may be headed to a … Read more
With constant improvements in technology mobile phone companies have a lot of competition these days. As big name cellular providers continue to step up efforts to increase their market share, some of the smaller companies are struggling to maintain their position. Sprint is just one of the smaller companies that is barely treading water in … Read more
Money management skills are hard to come by these days. With the majority of the population testing as financially illiterate, it is no wonder that so many of us are suffering overwhelming debt burdens. Add in economic pressures and an unfriendly job market, and we have a recipe for financial disaster. Although it sounds simple … Read more
After the disappointing reach of the original Home Affordable Refinance Program, or HARP, the President took aim to revise the program. The new HARP 2.0 has been announced and is hoping to reach more homeowners in need and bring back a sense of stability to the real estate market and mortgage lending industry. Will You … Read more
Debt collections are one of the most dreaded phone calls a person can receive. They come at inconvenient times and can even be intimidating. For the past few years, the Federal Trade Commission has received an increasing number of complaints against debt collectors. While the FTC investigates violations of the Fair Debt Collection Practices Act, … Read more
Since Solyndra filed for bankruptcy in 2011, many issues have surfaced about the company’s operations and managing of finances. Many people balked at the filing after learning the solar company had received a $500 million government bailout just two years prior. Further issues spark controversy as company executives began pushing to receive their bonuses as … Read more
Reports of an improved job market, drop in the unemployment rate, settlement deals for unlawfully foreclosed homeowners and better mortgage debt solutions have brought a much needed sense of hope to Americans. It appears as though the economy is beginning to show some signs of recovery, albeit slow and small. The Future Mortgage Industry For … Read more
The bankruptcy process is not something people jump into. In fact, the decision to file for bankruptcy is one that is often a last resort for many people. While the process is extremely valuable for many people, there are some issues to consider before entering the process. Qualifications When filing for personal bankruptcy you must … Read more
Research shows that the majority of Americans are not financially literate, meaning very few people understand the basics behind their finances and debt. Considering most adults have a limited idea of smart money management and debt resolution, it is no surprise that many kids and teenagers follow the same path. Credit counseling services around the … Read more
Homeowners aren’t the only ones in the midst of foreclosure these days. New home construction has slowed over the last few years and many companies have gone out of business. Those that are left still trying to bring new homes into the community have a tough market to battle, some of which have ended up … Read more