When is it Time to Walk Away From Your Home?

When is it Time to Walk Away From Your Home?

Our series about six options if you are underwater on your home has drawn a lot of comments. Some readers are wondering whether they should stay and pay or try to get out. Here’s a reader question we received this week: I have been thinking a lot about whether to keep my home. I really feel … [Read more...]

CFPB Opens the Floor to Credit Card and Mortgage Complaints

CFPB Opens the Floor to Credit Card and Mortgage Complaints

As we wrote recently, consumers who have problems with their credit cards or mortgages can lodge their complaint with the Consumer Financial Protection Bureau. Now, starting this month, homeowners with issues related to their mortgages and home equity loans are also able to file complaints with the … [Read more...]

Government Warns: Mortgage Modification Scammers Still Going

Government Warns: Mortgage Modification Scammers Still Going

We’ve written about scammers offering to help people avoid foreclosure, when really their only goal is to steal money using up-front fees. Now the federal government is getting serious about cracking down on them. The Consumer Financial Protection Bureau and the Treasury Department announced … [Read more...]