The purchase (or refinance) of a home consist of complex financial decisions that will affect the household budget, retirement savings and overall financial security of its occupants. Therefore, choosing the right mortgage loan officer is arguably one of the most important decisions during the home financing process. During the mortgage loan process, decisions [...]

The financial markets stand to benefit the most when the housing market recovers. The House of Representatives passed a new bankruptcy provision that will allow bankruptcy judges the ability to modify the mortgage terms of a bankruptcy petitioner’s primary home loan to avoid foreclosure. This provision would serve as a last option tool [...]

No one can predict the loss of employment or even worse, the loss of a loved one. And because of life’s unpredictability, certain financial safeguards should be created to prevent life’s imbalance from causing you to fall into financial ruins. No amount of planning to live can avoid the inevitable tragedies [...]

Kids can be taught the value of money management as early as pre-school age. They are already cognizant that money gets them what they want and the role it plays for immediate gratification. However, receiving gifts of money from grandparents and allowances from chores performed often accumulate with little to no plan for [...]

As the country endures the current economic crisis, the housing market is showing small signs of revitalization. Mortgage applications have seen nearly a 300% increase from this time last year as interest rates drop. In an effort to make housing costs more affordable, the US Treasury has committed to fueling the mortgage-backed securities [...]

Good financial management involves more than just sound investing and padding a nest egg. It entails much preparation. Once a financial goal is determined, one not only has to implement an action plan to reach that goal, but plan to address any obstacles that may arise along the way. Additionally, one must [...]