Monthly Archives: December 2011

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Foreclosure Free Ride: 3 Years, No Payments

NEW YORK (CNNMoney) — Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they’re willing to put up a fight. Among the tactics: Challenging the bank’s actions, waiting to file paperwork … Continue reading

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Bank loans to small business fall to 12-year low

By Jacob Fenton, Investigative Reporting Workshop New federal data show that the number of small bank loans to business has fallen to the lowest point in more than a decade, cutting the flow of money to a sector that’s usually … Continue reading

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Understanding Debt Obligations After Foreclosure

The Mortgage Forgiveness Debt Relief Act of 2007 generally lets you exclude from your income the debt that’s left over after a foreclosure. The law applies for 2007 through 2012. Dear Liz: Several years ago, we were talked into getting … Continue reading

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Consumer Bureau Is Taking Your Mortgage Complaints

New York Times 12/8/11 By ANN CARRNS 11:17 AM ET The Consumer Financial Protection Bureau is now taking complaints about mortgages on its Web site. The online form lets consumers choose a category from a drop-down menu, like problems in … Continue reading

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Strategies For Paying Off Student Loans

A recent college graduate with private and federal student loans has several options. Also: Do retirement accounts really earn an average annual return of 8%? By Liz Weston Money Talk Dear Liz: I graduated from college last summer and was … Continue reading

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Get the latest Bankruptcy and Foreclosure news! https://twitter.com/#!/lawyer93001

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Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down huff.to/vQYVam via @huffingtonpost

Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down huff.to/vQYVam via @huffingtonposthttp://www.bkhelpnow.com/ https://twitter.com/#!/lawyer93001

Posted in homeowners, mortgage | Comments Off on Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down huff.to/vQYVam via @huffingtonpost