The government just announced a settlement with 5 major banks that will mean some homeowners will now be eligible to receive reductions in principal, a refinance or compensation.
Times Are Tough, And So Is Finding A New Job We’re living in a down economy and thousands of people have lost their jobs. Budgets are tight! A lot of people are struggling to make ends meet, and they’re having to find new ways to make money. While listening to the radio this morning on […]
The next big crisis? The past year has been a tough one for our economy. We have seen the companies suffer as the mortgage industry undergoes a huge crisis. Thousands of foreclosures have happened to people who got into mortgages they couldn’t afford. Adjustable rate mortgage and interest only loan rates started going up, and […]
As we get further into 2008, and the financial woes from the credit crunch and the housing bust start to loom a bit bigger, most people are finally beginning to accept the fact that we are headed into a recession. The disagreement comes when you start talking about how long the recession is going to […]