Deposition of A Former Countrywide Employee Reveals A Broken Loan Review Process
The deposition of Glenn Hubbard has been making the rounds this week. If you have ever watched the documentary, Inside […]
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Short Sales Increase As Clock Ticks Down On Tax Exemption
As reported by David Dayden at Firedoglake, short sales have increased significantly in the third and fourth quarters of 2012. This is
Correcting Your Credit Report Can Involve A Lot Of Work
Many consumers think that fixing errors on their credit reports is as simple as filing a dispute online. After all,
Forgiven Mortgage Debt Tax Exemption Still Set To Expire
In 2007, President G.W. Bush signed the Mortgage Forgiveness Debt Relief Act into law. The Act exempts forgiven mortgage debt
The CFPB and the FTC Team Up to Target Deceptive Mortgage Ads
The FTC and the Consumer Financial Protection Bureau have announced that they are beginning a broad series of investigations into
Has There Been Significant HAMP Oversight?
It is pretty well-known that HAMP has not been the government’s most successful program. Although it was expected to assist
Non-Profit Seeking To Buy and Forgive Debts
An offshoot of Occupy Wall Street is organizing to purchase and forgive bundles of debts. The group, called Rolling Jubilee, will
One Man’s Perfect Credit Score; Five Ways To Improve Yours; Ten Things You Didn’t Know About It
I recently read this article about Tom Pavelka, an Ohio resident with a near-perfect credit score (848/850). Although Mr. Pavelka and his
Five Considerations for Couples Considering Bankruptcy AND Divorce
It is an unfortunate truth that some couples facing financial hardship are also considering dissolving their marriage. Here are five
The CFPB Is Now Accepting Complaints About Credit Reporting
The Consumer Financial Protection Bureau is now accepting complaints about credit reporting via its online tool. These complaints are actually reviewed —