The HUD website actually has some good advice about handling foreclosure.
If you are facing foreclosure, it is a stressful time.
Con men and hustlers know how to prey on people in that situation, how to gain the confidence of people in crisis.
Frequently, they say they want to help you, because [...]

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Generally, reporting a balance influences the debt to credit ratio, which typically amounts to 1/3 of what your credit score is based upon. While many creditors try to argue that they are simply reporting truthful information of what they are owed and what remains on their books, they entirely miss the boat.
If you liked that [...]

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The Federal government is now paying attention as freezing rates on Adjustable Rate Mortgages is pushed as an option by Treasury Secretary Paulson.
In remarks, a full transcript is linked to above, yesterday, Paulson acknowledged the difficulty of getting all the players on the mortgage side on the same page, [...]

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As a Bankruptcy and Personal Injury lawyer, I receive a rather unique perspective in my practice. Lately, I am seeing more bankruptcy clients who fell behind on their monthly payments, credit cards, mortgages, etc. because of injuries they received in a motor vehicle accident.
Individuals are not immune from car accidents, and let’s face it, [...]

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The mortgage industry has a plan to help people who are already helping themselves. Adjustable rate subprime mortgage borrowers could get more time at low teaser rates — if they can stay current until the deal gets made. The teaser-freezer plan will sound good and accomplish little.
As we have repeatedly reported (here, here, [...]

Popularity: 10% [?]