June 22, 2009
No Comments
Government Program, Legislation, New Developments, Regulation, Student Loans

A Little Help with Federal Student Loans

If your income is low and you have direct or guaranteed Federal student loans (including Stafford, PLUS or Consolidated loans), you may be eligible for reduced payments under the Income-Based Repayment program that went into effect on July 1, 2009. The IBR program reduces your payment to 15% of your income in excess of 150%

May 27, 2009
No Comments
Foreclosure, Government Program, Initiatives, Legislation, Mortgages, New Developments

New and Improved HOPE for Homeowners

The HOPE for Homeowners (H4H) program provides refinancing for qualifying homeowners into new, government-guaranteed FHA mortgages with fixed rates and terms of 30-40 years, but has been little used due to onerous restrictions. The Helping Families Save Their Homes Act of 2009, which became effective in 2009, modified H4H in the hope of making it