Debt Consolidation, Help and Relief

Consumer Debt Falls Even As Mortgage Delinquencies Rise

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  • Posted 10/25/09. by admin

There was a cartoon in a newspaper that showed an up trending stock market with a man standing next to it labeled “consumer”. On his back are a number of bags stuffed full and they are labeled with words like unemployment and foreclosures.

Tags: mortgage delinquincies, mortgage debt, consumer debt, [...]

Serious Mortgage Debt

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  • Posted 09/16/09. by admin

Across the country, the number of homeowners whose mortgages exceed the current value of their homes reached record heights.  At the end of June, more than a third of all the mortgaged houses in the U.S. held this status – called “underwater” by those in the mortgaging business.  This figure is also perhaps the highest [...]