Good news continues to pour in for homeowners everywhere as nationwide foreclosure rates fall to an 11-month low. In some portions of the country, the low foreclosure rates are nearing a 2-year record as the economy and housing market recover. The national rate fell to 2.9 percent and is 1.2 percent lower than the similar  … Read more

Since 2009, over 900,000 Americans haven’t filed a tax return. With April 15 right around the corner, taxpayers only have a few weeks to file for their returns this year and claim the $917 million in unpaid tax returns. The IRS announced that with nearly $1 billion in unclaimed refunds, many taxpayers have the opportunity  … Read more

According to the latest reports by the Federal Reserve, US consumer debt is up in 2013. During the month of January alone, debt was up $16.2 billion. This brings the national total to $2.8 trillion, a new record. The two largest contributors to this growth in debt are student and car loans. Fortunately, credit card  … Read more

According to a recent report from the Federal Trade Commission (FTC), a shocking one in five people have errors on at least one of the three major credit reports (Experian, TransUnion, and Equifax). Because many consumers never pull up their credit reports on their own, these scores could present serious problems when trying to buy  … Read more

A former Jefferies Group executive has been charged in a mortgage debt fraud case that involves the defrauding of the recent United States banking bailout. U.S. authorities have named Jesse Litvak as the charged. Litvak was a senior trader on the Jefferies’ trading floor, located in Stamford, Connecticut. The case against Litvak is the first  … Read more

Consumer Credit in the U.S. rose in November 2012 in some specific areas, including the automotive sector and in the world of student loans. This credit debt increase, totaling $16 billion, rose from $14.6 billion in October. Interestingly, the predicted level was only $12 billion, a good sign that credit is getting better. But what  … Read more

The $25 billion mortgage settlement deal was designed to help states fund vital foreclosure help services, improving lending conditions and offer homeowners affected by the foreclosure crisis obtain restitution. Now just a few months into the fund divisions, a review of the transactions is showing that there are some holdups in the system. Slow States  … Read more

Earlier this week Americans held their breath entering the new year as lawmakers soaked up every allotted second to reach an agreement on the fiscal cliff deal. While neither side of the political line is fully satisfied with the deal, both sides do agree that having reached some level of compromise is good for the  … Read more

As the year approaches a close, many big items are on the agenda in Washington. Two of the nation’s most controversial issues will soon be decided, either of which could have a major impact on homeowners around the country. Policy Reviews The mortgage interest tax deduction is one of two mortgage policies set to expire  … Read more

Built in 1897, the Blauvelt Mansion has been home to a few affluent residents of New Jersey over the years. Currently a cherished landmark of history, the property’s unresolved debt liabilities have placed it at risk of foreclosure for some time. However, a move by local authorities may be able to give this manor another  … Read more