Personal Finance Advice and Commentary

Thursday, February 10, 2011 12:46 pm
By Marcie Geffner · Bankrate.com

The debate over the success or failure of the federal government’s Home Affordable Mortgage Program, or HAMP, entered a new phase two weeks ago, when Rep. Jim Jordan, R-Ohio, introduced a bill that would all but eliminate the entire program. The bill, H.R. 430, HAMP Repeal and Deficit Reduction Act of 2011, would end any

Friday, January 21, 2011 11:05 am
By Marcie Geffner · Bankrate.com

Homeowners who are struggling to make their mortgage payments naturally may wonder what’s going to happen when and how they can help themselves remedy their situation. In most cases, there are three basic suggestions that make good common sense, almost without regard to the specific circumstances. 1. Don’t ignore the problem. 2. Be realistic about