When working to resolve mortgage debts there are plenty of people handing out opinions on how to go about the process. Like most things, these opinions come in many forms and varieties making it hard for homeowners to come to a decision about their mortgage loans. While there is no one answer out there for … Read more
Mortgage fraud and foreclosure scams have been plaguing the news for months now. As more homeowners struggle to secure mortgage modifications and resolve mortgage debts, many scam artists have been capitalizing on the influx of potential victims. While the Federal Trade Commission has been working hard to combat such scams, homeowners may now find peace … Read more
This year will be the last for homeowners to claim an important mortgage tax deduction. The 2011 tax season marks the end of the era for homeowners to write off their mortgage insurance premiums, a loss that is sure to impact many. The Rise In Costs As of January 1st, 2012 the mortgage insurance tax … Read more
Although the Federal Trade Commission has also been more vigilant in announcing and investigation foreclosure and loan modification scams, the surely can’t cover all the new forms of fraud that are occurring. In an effort to better protect consumers, the Better Business Bureau has developed a list of common mortgage debt relief scams that have … Read more
Those who are self-employed should consider themselves lucky in many ways. This tough economy has not been nice to corporations, let alone small businesses, so those who are fortunate to still turn a profit are doing very well overall. However, the self-employed do face additional challenges that most employees do not. Tax concerns, medical insurance … Read more
Whether you are a first time home buyer, refinancing a mortgage or buying after resolving a previous mortgage debt problem, it is important to really examine all of the costs associated with a new mortgage. Many people end up in financial trouble later on simply because they failed to consider all of the costs of … Read more
These days you can’t be too careful when it comes to protecting yourself against scams. We don’t just have to worry about credit scams or identity theft, but we also have to worry about mortgage or foreclosure fraud scams. With so many people desperately seeking mortgage debt relief, new scams have been popping up around … Read more
When the foreclosure notification arrives the pressure for finding an alternative mounts. Now more than ever does it become important to review all of your options for mortgage debt relief. While loan modifications, short sales and deed in lieu transactions pass by on the radar, they are not for everyone. This is especially true of … Read more
As the 2011 year comes to a close, many are wondering whether 2012 will be a better year for mortgages and foreclosure rates. While nothing is certain in this turbulent economy, recent predictions released be TransUnion are bringing some rays of hope for the New Year. New Year News A recent report suggests that things … Read more
Victims of mortgage fraud scams can rest easy tonight after the finalization of months of litigation. Six companies were convicted of performing fraudulent mortgage modification and foreclosure services for homeowners. Caught Red Handed After taking millions from unsuspecting homeowners, these companies came up on the radar of the Federal Trade Commission within months. Accused of … Read more