There has been much attention over mortgage refinancing in recent months. As many homeowners have failed to qualify for refinancing in the past, government efforts have been implemented to help alleviate the gap. However, refinancing can be tricky and the process isn’t always as easy as one would think. Considerations Refinancing can be a great  … Read more

As a strategy to avoid foreclosure, and the negatives associated with one, a short sale can be a good option for some homeowners. Other than having to move out at the end of the sale, homeowner struggling with mortgage debt are able to find resolution with few negatives. However, there are some things to consider  … Read more

While it is still too early to make any bold claims or big predictions, there is some indication that the housing and mortgage industries may be headed for a recovery. There are still many problems that need to be resolved and we aren’t out of the woods just yet, but some signs point towards reasons  … Read more

Many people are aware of the big ticket items that can damage a credit score, but there are several little items that can drop a credit score quickly if not handled correctly. In efforts to protect credit scores, monitoring your credit report and being vigilant about these few spoilers can prevent you from suffering unnecessary  … Read more

After the announcement last week of the first ever joint state-federal mortgage settlement, some states have been given a larger share of the settlement. Out of the $25 billion settlement proposal states such as New York will stand to gain one of the largest percentages of the payout. Another Settlement Agreement New York Attorney General  … Read more

The Federal Trade Commission has had its hands full over the last several years working to bump up consumer protection and investigate thousands of mortgage relief fraud claims. After much attention came to light of foreclosure alternative scams and fraudulent lending practices, the FTC has been busy resolving the issues that have surfaced. As a  … Read more

With nearly one in four homes threatened by mortgage debt in the United States, one young boy took the threat of foreclosure head on. A 12 year old Wisconsin boy made national news this week when he raised enough money to prevent his grandmother’s home from being taken in foreclosure. Big Dreams Come True Noah  … Read more

If you ask the average person about mortgages and mortgage terms, most people believe that there isn’t much room for borrower choice in the decision. The truth is that every mortgage applicant has numerous choices and decision in picking out the right mortgage  loan. All too often people agree to whatever loan their lender offers  … Read more

Although refinancing a mortgage can be a good way to lower monthly payments, it isn’t for everyone. More specifically, there are good times and bad times to refinance a mortgage and knowing when to take the leap is a very important step. Anyone considering a refinancing option should review the following criteria: Good rate— refinancing  … Read more

If you owe tax debts, or think you might owe the IRS this tax season, there are some things you can do to evaluate your tax liability. While resolving unpaid taxes is a priority, it doesn’t mean that taxpayers should be overwhelmed by the process. In general, there are three things every taxpayer should do  … Read more