Sellers trying short sell their homes find that lenders the biggest obstacle to closing the deals. Filing a consumer complaint may help. Q: I am having a horrible time dealing with my mortgage lender (one of the big five that was just named in the $25 billion foreclosure settlement) in getting my short sale to [...]
Good estate planning requires you to update your will to make sure your wishes are met and your heirs aren't left wondering whether your wishes were satisfied. Q: Our mother passed away quite suddenly. She had her old will out on her table as if she were going to update it. The will that we [...]
You'll often hear people ask whether they should prepay their mortgages, and for many it makes sense to prepay. Q: I hear and see so many financial advisors and experts recommending that people pay off their mortgages by making an extra mortgage payment each year. The reality is that it would be easier for the [...]
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. [...]
