During the months and years to come, many American homeowners will experience a massive increase in their monthly bills. A recent study revealed that the repayment phase will soon begin for millions of borrowers with home equity lines of credit. For some homeowners, this means that HELOC payments will increase by two to four times….
Last March, a New York lawyer revealed that Wells Fargo was using fabricated papers to initiate foreclosures and seize properties. Some homeowners are fighting back by filing lawsuits against the national bank. Although federal authorities have been slow to take action, several courts and city governments have begun to penalize Wells Fargo in various ways….
Falling behind your monthly mortgage because of unexpected financial setbacks, medical emergency, or loss in income is inevitable. Because of this, some homeowners turn into loan modification to avoid foreclosure. However, not all loan modifications are worth all the hassle you would go through. Especially with what’s happening in the finance industry – the big…
