This is a guest post by Jonathan. He’s a Australian twenty-something student with a Diploma in Financial Services.
The sky has fallen, and a lot of us are in over our heads in debt and worry. But the recession doesn’t have to be a bad thing. Just as a company can emerge from a bankruptcy as [...]
The Recovery and Reinvestment Act of 2009 included some terrific financing opportunities for small businesses. The SBA ARC Loan Program offers 0% loans to small businesses for up to five years.
The program caught my eye, because it looks like a fantastic arbitrage opportunity!
ARC Loan Program
The loan program offers loans to small businesses 100% [...]
People have more questions than answers about the new Making Home Affordable program. A reader, Laura, recently sent me an email looking for help since all she could find was general information.
Unfortunately, I’ve found that many of the details aren’t on the general MakingHomesAffordable.gov site. Instead they are buried in supplemental directives written for the [...]
Earlier this week, the Making Home Affordable program was enhanced to include a second lien program.
The government has determined that even if you receive a loan modification on your first first mortgage, having an unaffordable second mortgage could still put your at risk of going into foreclosure.
Second Loan Modifications
Here’s how the second loans [...]
Ever since the Making Home Affordable Program was rolled out I’ve been very intrigued with the plan. Do we need a loan modification? No. Would it be nice? Sure.
In a weird twist of events, it looks like we qualify (on paper) for the loan modification program.
Home Affordable Modifications
To find out of you are [...]
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