Recent News Coverage

Foreclosure: I Didn't Think It Could Happen to Me

AARPBulletintoday

By: Carole Fleck

Kathleen Day, a spokeswoman for the nonprofit Center for Responsible Lending, says Congress should have made it mandatory, not voluntary, for lenders to help troubled borrowers with foreclosure prevention programs early in the crisis.

What's This Charge?

The Boston Globe

By Erin Conroy

WHAT'S THIS CHARGE?: It might just be an unexplained charge on your credit card statement that you don't recall making or have a receipt for. But it's important to look into these small transactions as they may be part of a larger problem: stolen credit.

Mortgage Demand Drops as Fixed Rates Rise

Reuters 

Demand for U.S. home loans fell as fixed mortgage rates rose last week in a banking period shortened by the Labor Day holiday, the Mortgage Bankers Association said on Wednesday.

Companies promise foreclosure help, don't deliver

Atlanta Journal-Constitution

Don and Evelyn Perry turned to People's First Financial when they worried their Lawrenceville home may fall into foreclosure. They paid $3,000, but never got their loan refinanced.

Choosing Bankruptcy to Avoid Foreclosure

Washington Post

Even though you cannot get rid of your mortgage payments through bankruptcy, about one in five people who went through mandatory pre-bankruptcy credit counseling said they were doing so to avoid losing their homes to foreclosure, according to Consumer Credit Counseling Services of Greater Atlanta. That organization provides counseling throughout the United States.