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If you have a mortgage with one of the lenders below you can use the contact information to reach the person at the lender that should be able to direct you to the special terms or programs available to help you avoid foreclosure or to come to a solution regarding your delinquent mortgage.
On November 24, 2008 a class action lawsuit was filed against Bank of America, for deliberately engaging in a course of action that led to credit card customers to be intentionally penalized even though payments were made by the due date.
The uncomfortable side of credit score implementation is when your credit score is used in other unintended ways. It is understandable that the use of the score has crept into other markets. The creators and sellers of your credit score actively encourage other industries to buy your score to make decisions. But do all those decisions make sense?
“Little Three” Detroit automakers seem to be consumed with fear that people would not purchase a new car from an automobile manufacturer that was or has gone bankrupt and that the fear of bankruptcy is scaring buyers away. I think this just shows how out of touch that Detroit is with the American buyer.
This past week the town of Wilmington, Ohio learned that DHL, the largest employer in town, was slashing thousands of jobs.
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Mortgage Scam Turns Into Foreclosure Tragedy

The sidewalks are still scrubbed and most lawns are neatly trimmed, but now the subdivision of townhouses off Route 1 in Woodbridge is pocked with empty windows and foreclosures. Federal investigators are poking around. » Read More

The Start of the Credit Crunch

I received lots of email from readers in similar straits. Some of them expressed hope that the Bush administration's proposed plan to ease the subprime crisis might offer them a solution. But these troubled borrowers are likely to be disappointed. » Read More

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