The Mortgage Bankers Association released data today indicating that over 12% of homeowners are experiencing mortgage delinquency. That statistic translates to 1 in every 8 homeowners are one payment (or more payments) behind on their mortgage loan. Since the incoming executive administration, the government and banks have made efforts to stave off foreclosures, [...]

Recently a conversation on personal finance led to the statement, one has to be “rich” to be financially literate. Well, that statement couldn’t be further from the truth. An awareness of financial literacy allows one to determine their financial means and ability to navigate their personal finances to not only meet financial [...]