$88 million cut in housing counseling has consumer advocates concerned As reported by MarketWatch.com, April 25, 2011: Millions in federal funding for housing counseling services have been slashed for the 2011 fiscal year — funds that pay for U.S. Department of Housing and Urban Development-approved counselors to work with first-time home buyers, older homeowners considering […]

Because of the CARD Act, creditors must print on credit card statement the amount of time to pay off the card’s balance (and interest paid) if you just made minimum payment required. I’ve spoken with many consumers and I can tell you that a lot of people think the information is a misprint. How can […]

ACTION ALERT!!! The 2011 Budget which Congress is voting on will have no funding for HUD Housing Counseling. This means that, in the middle of the housing crisis, the funding which goes to local HUD approved housing counseling agencies, intermediaries, and state housing finance agencies for pre-purchase, rental, reverse mortgage, and foreclosure counseling will not […]