Although refinancing hasn’t been the mortgage debt solution of choice for many people, there is still plenty of buzz surrounding the topic.  As more lenders begin to push homeowners towards refinancing before they seek options like a loan modification, many people are being bombarded with confusing offers they don’t understand. A prime example, a jumbo  … Read more

While some people have find it effective to pursue certain aspects of debt management, it never hurts to enter credit negotiations first. However, when it comes to successfully negotiating your debts, there are a few general rules to follow. The Do’s The most important step is to contact your creditor before you default or miss  … Read more

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

As one of the hardest hit areas by the foreclosure crisis, Nevada has faced its fair share of housing market challenges. Sky high foreclosure rates and plummeting home values have brought tough times for Nevada homeowners. However, a recent law has helped to slow the foreclosure rate in hopes of helping the local housing market  … Read more

While more homeowners have begun to seek out mortgage debt solutions like loan modifications, they have been increasingly more difficult to obtain. Many lenders prefer other foreclosure alternatives like refinancing, which is resulting in more applicants being turned away. Although there is no list of qualification guidelines for securing a mortgage modification, there are a  … Read more

After months of closed-door meetings and much debate about the mortgage crisis, the Obama administration has admitted the need for more aggressive efforts. Having implemented a few programs aimed at helping homeowners secure loan modification or refinancing options, the government is now admitting these efforts were disappointing at best. Back To The Drawing Board Besides  … 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

After weeks of peaceful protests in the name of fighting foreclosures, one Occupy Movement is meeting some resistance from an unlikely source. It isn’t authorities that are cracking down, but a homeowner from New York who wants the protestors to leave his home. Making A Statement In the wake of the foreclosure crisis, many Occupy  … Read more

Applying for a mortgage can be a tedious process, especially if you have less than perfect credit. Besides being an extremely important qualification standard, your credit score plays a big part in your future mortgage endeavors as well. Refinancing or loan modification applications are also highly influenced by your credit standing. Luckily, there are a  … Read more

Negotiating your way out of overwhelming debt can be scary. Credit card negotiations tend to carry a stigma that scares off many people from ever taking advantage of such a great tool. The trick to getting out of debt is what option you choose, but how you pursue that option in order to win. Tricks  … Read more