Finally, a $25 billion mortgage settlement was announced this week. Will mortgage lenders finally bring relief to homeowners who have suffered from unsustainable mortgage loans in a battered housing market? And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show February 12, 2012 on WSB Radio. I [...]
The federal government and 49 states have reached a landmark $25 billion foreclosure settlement with the nation’s five largest mortgage lenders, the Department of Justice announced Thursday. The joint agreement is the largest federal-state civil settlement ever obtained. U.S. Attorney General Eric Holder, Department of Housing (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Mill and [...]
Home Design tips for small homes. Choosing the best furniture and arrangement, with multifunctional options. Futons, hangers, painting walls. If you live in a small space, it can be difficult finding the right balance of style and affordability for your home design. For students and those just entering their careers, it can be especially tough. [...]
Budget adjustment after divorce can be painful. Divorce is number two on the Holmes and Rahe Stress Scale with good reason and usually results in the couple readjusting their budget after a divorce. Anyone who has been through a divorce will tell you that it's a complicated and difficult process on so many levels. In [...]
This week, Facebook goes public, but is the social media site really worth $100 billion? Also job growth was unexpectedly strong for January. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show February 5, 2012 on WSB Radio. Hello Facebook! This week, the social media giant [...]
New York Attorney General Eric Schneiderman intends to hold some of the nation’s biggest banks, including Bank of America, Wells Fargo and JPMorgan Chase accountable for what he calls “deceptive conduct” in the foreclosure crisis. The lawsuit was filed Friday against several big lenders, charging the creation and use of a private national mortgage electronic [...]
This may be a good time to refinance to a fixed rate mortgage from an adjustable loan if you think your ARM interest rate will go up soon. Q: We have a first mortgage which is a 5/1 adjustable rate mortgage (ARM) for about $200,000 and a second mortgage for about $50,000. A recent appraisal [...]
