Washington does not see hopeless Americans who fear more $5 gasoline

Restoring trust and confidence in any system is a slow methodical process. Restoring confidence in the United States financial system is even more difficult, but not impossible. With Bush’s shortfalls and Obama’s promises we still have no guarantee of focus and honesty. Yes, we hear the words from the new administration, but many people expect …

Those over 50 should not tap 401 (k) plans for foreclosure

There are many people facing foreclosure. The situation is totally unacceptable. The number of older homeowners facing foreclosure, over 700,000 of whom are 50+, means it will be hard to recover in a slowing economy, and the fact that statistics are that high is also totally unacceptable. Imagine working all your life just to see …

F-rated Saxon Mortgage and calls from 800-594-8422 annoy homeowner

When it comes to annoying lenders and mortgage servicers Saxon Mortgage Services Inc. takes the title as the most annoying, which reflects poorly on parent company Morgan Stanley. We are qualified to make that assessment for several reasons: (1) We interviewed homeowners with different mortgage servicers. (2) We examined monthly payments from these homeowners. (3) …