$88 million cut in housing counseling has consumer advocates concerned Federal Housing Counseling Funding Cut On April 25, 2011, MarketWatch.com reported major cuts to federal housing counseling funds. The government reduced millions of dollars from programs that support housing counseling services. These funds paid for HUD-approved counselors across the country. These counselors help first-time homebuyers, […]

What the CARD Act Reveals About Credit Card Debt Because of the CARD Act, credit card statements now show how long it takes to pay off a balance by making only the minimum payment. They also show how much interest you will pay over time. Many consumers think this information is a mistake. After all, […]

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 […]