In the aftermath of the 2008 recession and the burst of the housing bubble, foreclosure rates skyrocketed throughout the nation. In an effort to aid its citizens, the city of Philadelphia created a foreclosure program that would become the most lauded in the nation. Thanks to the Homeowners’ Emergency Mortgage Assistance Program, 5,755 Philadelphians were  … Read more

If you’re struggling with mortgage debt, refinancing may be a useful tool in getting your finances back on track. Whether you’re able to lower your interest rates or improve the terms your home loan, refinancing can be a major help with mortgage debt! However, applying for a refinancing can be a tricky process. With the  … Read more

In the aftermath of the 2008 recession, mortgage debt affected millions of Americans, many of whom faced foreclosure. As the foreclosure crisis impacted the real estate industry, the overall economy struggled as well. To help homeowners struggling with mortgage debt, especially those who faced foreclosure, the federal government decided to appropriate funds to help alleviate  … Read more

If you’re struggling with your mortgage payments and have exhausted your resources, a foreclosure attorney might be your best solution. Even after you’ve pursued a mortgage modification or refinancing, it’s still a good idea to meet with a foreclosure attorney, especially if a foreclosure becomes unavoidable. By working with a foreclosure attorney to solve your  … Read more

When was the last time you actually read all of that small print when you opened your last credit card account? Chances are that you haven’t. Despite all the financial and legal freedoms we sign over to our creditors, few people truly understand their rights. Whether you’re dealing with bad credit or debt negotiation with  … Read more

More and more Hollywood celebrities are proving that everyday Americans aren’t the only ones struggling with debt. From credit card debt to back taxes with the IRS, high profile celebrities continue to display poor money management habits. The latest example is Chris Tucker, who has begun the process of repaying his tax debt. The actor  … Read more

With so many Americans worrying about their underwater mortgage, it’s no wonder that there’s been an increased interest in short sales. However, with all of the mortgage debt relief options available, is a short sale truly the best idea? From mortgage modifications to loan modifications and credit negotiations, there are endless opportunities for homeowners to  … Read more

With recent data showing that almost 11 million Americans have an underwater mortgage, many homeowners are weighing their options to fix the situation. Should they leave? Seek a mortgage modification? Walk away? Of course there are no easy solutions to an underwater mortgage, but there are various options for those who owe more on their  … Read more

Despite strengthened economic activity, mortgage rates are continuing to edge higher and higher. With an average interest rate of 3.63 percent on homes with a 30-year fixed-rate mortgage, homeowners shopping for refinancing opportunities are frustrated. While the market is becoming favorable for sellers, current homeowners struggling with mortgage debt are having a harder time. For  … Read more

Just over a week ago, powerful storm systems ripped through the Great Plains, producing the mega tornado that ravaged Moore, OK. The damage done by the Oklahoma tornado is equal to 96 percent of Manhattan’s landmass. Winds shrieked over 200 miles per hour, considerably stronger than Hurricane Katrina and any other storm in recent history.  … Read more