Federal Government First: Credit Reporting to be Supervised

Most Effective Mod is Principle Reduction

Amherst Securities recently released a report declaring that principal reduction modifications, without question, are the most effective form of modification. Between three types of modifications – principal, rate, 

Ohio Dispatch's "CREDIT SCARS"

A Four Part Series Oriented Towards Consumers

WASHINGTON — Mistakes in credit reports cross political-party lines, but the new federal consumer protection agency assigned to regulate credit-reporting companies faces some significant hurdles in that task.

Housing Finance Chief Blocked Plan to Reduce Mortgage Principal

A top U.S. housing regulator failed to implement a plan to cut loan principal balances for millions of underwater homeowners even though a pilot program showed two years ago it could save

New Rules for Servicers on Communnicating With Borrowers

In an attempt to facilitate a more honest relationship between mortgage servicers and providers, the Consumer Financial Protection Bureau has created new rule

Student Loan Debt Bubble

The weak economic recovery is at risk of being reversed by what many observers describe as a student loan debt bubble. Similar to the housing market before 2008, efforts by families and governments to make college