You probably know that AARP represents the interests of older Americans. But did you know that it's actually out there in court, making sure that the rights of people 50+ are not violated?
Remember how our parents paid off their homes and then retired? Fewer of us are doing that today. What's more, our house payments are taking a bigger chunk of our earnings than they did a decade ago, according to an AARP report.
If your home was at any time in 2009 or 2010 involved in the foreclosure process, you may be eligible for compensation if mistakes were made by your lender or loan servicer. A free Independent Foreclosure Review can determine whether you are eligible for compensation, but you must request it before Dec. 31, 2012.
These days, keeping up with the Joneses is more likely to involve night classes than a new sofa. A study on boomer spending habits found middle-aged adults today spend less on leisure and frills than previous generations but more on education, adult children and mortgage debt.
Owing as little as $400 in unpaid property taxes has gotten some American homeowners booted from their houses, according to a report released today by the National Consumer Law Center.
Growing up 40 years ago, one of my favorite pastimes was playing The Game of Life, the classic Milton Bradley board game that takes players through their simulated lives - from college to retirement - with make believe jobs, families, and other life-changers all along the way. It was always a lot fun to play, and it gave me a chance to fantasize a little about what my own real-life future might be like.
Helping 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.
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