The Takeaway: New Refinancing Help For ‘Underwater’ Homeowners; Stretching Helps Chronic Back Pain

Posted on 10/25/2011 by |Brooklyn, NY | Comments

Bulletin TodayHelping Homeowners Tread Water: Meeting yesterday with distressed homeowners in Las Vegas—the ‘foreclosure capital of the nation’—President Obama unveiled a plan to allow homeowners who owe more than their properties are worth to refinance mortgages at today’s low rates, which are hovering near 4 percent. If you think this has shades of 2009 all over it—well, you’re right: The new plan is a revised version of the previous Home Affordable Refinance Program—which didn’t have as much effect as the administration would …

News To Know: Lending A Hand

Posted on 03/3/2009 by |Archived Contributor | Comments

Money & SavingsCitigroup announced a mortgage modification program for customers who are out of work and at least 60 days behind on mortgage payments.

News To Know: Fake It ‘Til You Make It

Posted on 12/10/2008 by |Archived Contributor | Comments

Money & SavingsExperts have noted the potential for homeowners to intentionally stop paying their mortgages to qualify for government assistance.

Research: 50+ Crowd Hit Hard By Financial Crisis

Posted on 09/19/2008 by |Archived Contributor | Comments

Your LifeA recent study by AARP Public Policy Institute shows that Americans over 50 have been affected by the financial trouble facing the country.