Q: My lender is one of the big box lenders that has had all kinds of trouble with their loan modifications. I went through the total disaster HAMP program and it took a year for the bank to finally give me a loan modification. I finally got my loan modification in May, 2010, and the [...]
Q: I am current on my 8-year-old FHA mortgage, which is with one of the big banks. I want to refinance to take advantage of lower interest rates. When I have called my lender, they told me it would cost me $4,000 to $6,000 in closing costs to refinance. What I want is a streamline [...]
Q: I recently sold a property in Texas to my aunt. This was a one-sixth undivided interest in a family farm. My brother owns another one-sixth. We received these pieces of property when my mother passed away a year ago. My tax lady needs an appraisal of my one-sixth property, but the appraisers want to [...]
Happy Easter on the Ilyce Glink Show April 24, 2011 Lots happening this holiday week. With the Royal Wedding coming up this Friday, my good friend Linda Rey posted this timely information, Protect Your Big Day with Wedding Insurance on the Equifax Personal Finance Blog. Two billion people are expected to watch Price William and [...]
Jobs, Unemployment and the Spring/Summer Housing Forecast on the Ilyce Glink Show May 8, 2011 U.S. nonfarm payrolls jumped 244,000 in April, well ahead of expectations. But the official unemployment rate jumped from 8.8 percent to 9 percent. Why? More people came back into the jobs market. This week's jobs report was another good news/bad [...]
Q: My mother is about to turn 75. She took out a home equity loan years ago for about $33,000. At some point, the loan was converted by the bank from a home equity loan to a personal loan. Currently, she still has an approximate balance of $17,000. The problem is that Mom is on [...]
Q: My husband has heard you on the radio and has asked me to contact you about our mortgage problem. I am going through a non-profit housing agency and applying for the Making Homes Affordable Program. My own lender wouldn’t send me the application. They debited my bank account for the application fee but haven’t [...]
If you own a home, you might want to start thinking about the IRS. According to Julian Block, author of “The Home Sellers’ Guide to Tax Savings” (PassKey Publications, $19.95), there are ways to lighten your tax load whether you’re living in your home or selling it.
Late payments may trigger foreclosure process with the bank. A bank may begin the foreclosure process on a property due to late mortgage payments. Late mortgage payments may cause the bank to foreclose on a property. Foreclosure filings are online. Check foreclosure filings to see if late mortgage payments triggered the foreclosure process with the bank. Talk to an attorney if late mortgage payments triggered the foreclosure process with the bank.
Diana B. Henriques examines what we've learned from the Madoff Scandal in Wizard of Lies. Diana B. Henriques authored Wizard of Lies, a book that examines what we've learned from the Bernie Madoff scandal. Author Diana B. Henriques offers a financial cautionary tale in her book Wizard of Lies. Bernie Madoff, Wall Street and the United States financial system is examined by Diana B. Henriques in the New York Times financial reporter's book Wizard of Lies.
