Federal | Asset Management

Federal Student Loan Consolidation – A Great Answer to Student Debt

October 19th, 2011 by Bank Loan | No Comments | Filed in Loans

Federal Student Loan Consolidation – A Great Answer to Student Debt

If you find yourself reading this article, you may well be part of many student debt owners who wish to remedy their personal debt dilemma. Federal Student Loan Consolidation is an effective answer, presenting reduced interest rates and one easy monthly payment. Easily simplify your entire student loan debt, eliminate stress, and relish the reassurance of knowing that you made a smart financial move through consolidating your student loans.

When you meet the following requirements it is possible to begin exploring student loan consolidation.
• You have not defaulted on a loan
• You have never before consolidated these particular loans
• You will be in the grace period of your loans or have entered into the repayment conditions within the loans

When considering Federal Student Loan Consolidation the first appropriate step is always to deem with certainty that your student loans could be consolidated into a federal loan. Private loans will not permit merging of federal loans, nor may a federal student consolidation loan incorporate a merging of federal and private school loans. After you have determined your loans can be combined, and you fulfill the fundamental requirements, the benefits are many.

]]>

• No credit assessment
• You are not required to be currently employed
• No co-signer needed
• You have no need for collateral
• You are able to hold on to all your previous federal loan benefits
• Interest paid back to the loan is tax deductible

Federal student loans will not be credit established, this means you might have bad credit and nonetheless can be approved to merge your student loans. Private student loans derive from your credit, typically require a co-signer, and are not dependant on your needs.

An additional debt option would be a benefit frequently overlooked with federal student loans. The Public Service Loan Forgiveness Program could very well enable you to have the total amount of your loan pardoned. This is offered when you are employed to work full-time in certain facets of community organizations and if you have made your payments punctually for a qualifying time frame. The conditions of this program are extremely well worth investigating.

You now recognize how easy it is to merge loans into a federal student consultation loan, so go forward using the correct steps. Determine whether your loans qualify. Establish a budget, just what your own personal finances allow you to afford with respect to a loan settlement. There are a large number of student loan calculators on the web which will help you compare your existing student loans loan rates and repayments with those of a federal consolidated student loan. Then compare financial establishments. Quite a few offer rewards and others do not.

Everyone knows the facts. Everyday life just after graduation is just not always easy and it can be extremely expensive. Day to day living bills, car payments, relocation, and student debt can place a huge load on just about anyone. Federal student loan consolidation can not only cut down your loans into one easy payment avoiding the danger of missing a payment, it will also definitely boost your credit score!

?The mother of two college graduates, L. Dahl is a Librarian who navigated loan consolidation with her own children. This experience led her to create a website to help others manage their student loan debt. Consolidating Student Loans is an informative website guiding you through student loan consolidation and federal student loan consolidation.

Tags: Answer, Consolidation, Debt, Federal, Great, Loan, Student

Generations Federal Credit Union Wins State Youth Financial Education Award

October 8th, 2011 by Bank Loan | No Comments | Filed in News

San Antonio, Texas (PRWEB) August 21, 2011

Generations Federal Credit Union has been named as the recipient of the 2011 Desjardins Youth Financial Education Award for the State of Texas. This is the ninth year that the Texas Credit Union League has presented the award, recognizing a credit union for its efforts to provide innovative financial education to youth within the community. Generations was recognized for its ?No Suckers Here? program which is designed to convey the importance of being prepared to deal with personal financial matters.

?The financial education of our children is one of the most important initiatives that a credit union can undertake. These programs reach out and guide students as they begin down the path to financial independence,? said Generations CEO Tim F. Haegelin. ?To be recognized by our peers for something that we feel is truly valuable is a tremendous honor.?

The ?No Suckers Here? program works with high schools, colleges and universities across Bexar County. Generations meets with school administrators to determine the specific needs of their student body and then tailors a program designed to fit those needs.

###

Tags: Award, Credit, Education, Federal, financial, Generations, State, Union, Wins, youth

SimpleTuition Adds Student Loans from KeyBank: Now Families Have Even More Federal and Private Loan Options to Choose From at SimpleTuition.com

September 24th, 2011 by Bank Loan | No Comments | Filed in Bank

NEWTON, Mass. & CLEVELAND (PRWEB) July 11, 2007

????”When it comes to something as important as financing an education, KeyBank urges parents and students to explore all of the available loan options,” said Daryl Leake, national director of business development for Key Education Resources. “The loan comparison feature available through SimpleTuition.com will help borrowers compare loan products and make the best choices for their financial situation.”

Although many students are enjoying the summer break, come August more than 16 million(1) students will be heading off to school. About three-quarters of all full-time undergraduates will realize that they still need some type of financial aid(2).

“Paying for college is a long-term financial commitment lasting years beyond college graduation, so we believe in giving borrowers a rich range of choices,” said Kevin Walker, CEO of SimpleTuition, Inc. “Partnering with KeyBank reinforces our commitment to offering the widest range of student loan choices, empowering the borrower to easily compare, find, and ultimately select the financing option best suited for them.”

After users review their choices, SimpleTuition offers direct links to KeyBank where the entire application process can be completed online. Users can sort results by monthly payment, total cost of the loan, number of payments, first payment due date and APR, as well as compare by lender, loan type, fund disbursement, credit sensitivity, minimum and maximum loan amounts, repayment options and borrower benefits. To ensure objectivity, SimpleTuition is not a lender.

About Key Education Resources

Key Education Resources, the education financing arm of KeyBank, is one of the largest education loan providers in the U.S. In business for more than 50 years, Key Education Resources provides federal education loans, private loans, monthly payment plans and education consolidation loans for students and families in K-12, undergraduate, graduate and professional education institutions. For more information, visit http://www.Key.com/educate.

About KeyCorp

Cleveland-based KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $ 93 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit http://www.key.com.

About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. Recently featured as one of Fast Company’s Top 12 Web 2.0 sites, SimpleTuition offers the leading independent and interactive solution for researching and comparing over 100 private, PLUS, Stafford, GradPLUS and Federal Consolidation loans from more than 45 lenders. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information, visit http://www.SimpleTuition.com.

(1) National Center for Education Statistics, Enrollment in educational institutions, June 2007

(2) U.S. Department of Education, Student Financing of Undergraduate Education: 2003-04, August 2006

Tags: Adds, Choose, Even, Families, Federal, from, Keybank, Loan, Loans, more, Options, Private, SimpleTuition, SimpleTuition.com, Student, to..

Federal Stafford Student Loans From Nextstudent Have Great Incentives On Already Low Rates

August 2nd, 2011 by Bank Loan | No Comments | Filed in Loans

Federal Stafford Student Loans From Nextstudent Have Great Incentives On Already Low Rates

After exhausting all forms of “free money” for college, such as scholarships and federal grants, the next best thing for students are federal student loans (http://www.nextstudent.com) to help them pay for school. Federal Stafford student loans have low interest rates and are more appealing when they feature benefits and incentives, according to NextStudent, the Phoenix-based premier education funding company.

It is becoming much more difficult for some students to imagine their dream of a higher education, as college costs increasingly are on the rise along with the cost of tuition and other expenses. NextStudent believes that student loans (http://www.nextstudent.com/student-loans/student-loans.asp) should not be an extra burden to already cash-strapped college students, so the company offers incentives to make payments easier and more manageable.

. Federal Stafford loans do not require collateral or a credit check and payment is postponed until after graduation. There are no guarantee fees and students do not need a co-signer, these student loans have a low interest rate of 6.8 percent and are secured by the government.

NextStudent’s Stafford Student Loan Incentives

NextStudent has professionally trained Education Finance Advisers who know all the ins and outs of the numerous student loan programs offered. They are available to assist student borrowers with all their questions about the Federal Stafford Student Loan program. Through NextStudent’s Student Loan program, student borrowers receive:

]]>

·A .375 percent reduction on their interest rate when they make payments through Auto-Debit

·A 2 percent interest rate reduction: 1 percent after the first 12 months of consecutive on-time payments, with an additional 1 percent rate reduction after 24 months of consecutive on-time payments

·A 2 percent upfront cash rebate, whereby borrowers receive the full amount they qualify for at disbursement. Borrowers must participate in Auto-Debit and make one on-time monthly payment to qualify.

Types of Stafford Student Loans

There are two types of Stafford student loans: subsidized and unsubsidized. To qualify for a subsidized Stafford student loan a student must show financial need. The government pays the interest while a student is in school and during grace periods and deferment. With unsubsidized Stafford student loans, students are responsible for the interest; however, payment is deferred until after graduation. All students are eligible for unsubsidized Stafford loans.

Eligibility

Federal Stafford loans are eligible for federal student loan consolidation (http://www.nextstudent.com/) . There are no prepayment penalties. Repayment typically starts six months after graduation. In addition, there are alternate available repayment options, including deferment and forbearance.

In order to be eligible for a federal Stafford student loan, borrowers must either be enrolled at least half time in a degree or certificate program, a citizen of the United States or an eligible noncitizen, current on existing federal education loans, and a high school graduate or have an equivalency diploma.

Federal Stafford student loans are affordable and can help students get through college without the worry of paying back student loans until after graduation. NextStudent’s program offers a variety of incentives to make these student loans even more affordable and manageable. There is no reason not to take advantage of a great deal that helps students obtain their dream of a college education.

NextStudent offers one-on-one education finance counseling and has a portfolio of highly competitive education lending products and services including an online scholarship search engine, low and no-cost federal student loans ( http://www.nextstudent.com/ ), parent loans, private loans, student loan consolidation programs (http://www.nextstudent.com/consolidation_loans/consolidation_loans.asp) and college savings plans.

The NextStudent Scholarship Search Engine, one of the nation’s oldest and largest scholarship search engines, is updated daily, available free of charge, completely private and represents 2.4 million scholarships worth .4 billion.

For more information about NextStudent and its student loan programs, please visit the company’s Web site at http://www.nextstudent.com/.

http://www.nextstudent.com/

Tags: Already, Federal, from, Great, Incentives, Loans, Nextstudent, rates, Stafford, Student, www.carloancalculator.net.au/finance.php

FundsXpress Financial Network, Inc. and Kearny Federal Savings Bank Announce Renewal and Expansion of Strategic Partnership

July 21st, 2011 by Bank Loan | No Comments | Filed in Bank

Austin, Texas (PRWEB) June 7, 2007

FundsXpress Financial Network, Inc., the premier provider of online financial services, and Kearny Federal Savings Bank, a $ 2 billion asset financial institution headquartered in Fairfield, NJ, today announced the renewal and expansion of their strategic partnership.

A FundsXpress client since 2001, Kearny Federal Savings Bank will continue receiving fx eBanking, the industry-leading Internet banking and bill pay service. In addition, Kearny expands its relationship with FundsXpress by adding fxWealth Management, allowing inter-institutional money transfers and one-time, future-dated and recurring transfers,

Advanced Target Notification, and Ad Hoc Reporting. The institution will also benefit from the FundsXpress fxSecurity suite with fxDual Authentication, the industry’s most comprehensive anti-fraud and risk analysis solution.

“The outstanding quality of the FundsXpress products was definitely a factor in our decision to expand the relationship,” said John Hopkins, president and chief executive officer of Kearny Federal Savings Bank. “We’re committed to making our Internet banking and bill pay as convenient and easy to use for our account holders. The FundsXpress platform provides our clients a level of service and functionality that is unsurpassed in our market place and truly provides our bank a competitive advantage.”

“In order to stay ahead in today’s competitive financial services market, financial institutions must operate at a level above and beyond client expectations, and provide user-friendly, yet robust, next-generation tools,” said Greg Constantine, executive vice president of FundsXpress. “The renewal and expansion of our partnership is a testament to Kearny Federal Savings Bank’s confidence in the FundsXpress product family and our ability to continue developing innovative products that will attract account holders and increase market share. We look forward to continuing our long, successful partnership with Kearny. ”

About FundsXpress Financial Network, Inc.

FundsXpress is a premier provider of Internet-based financial services and products for banks and credit unions nationwide. Through a state-of-the-art data center the company delivers a secure, scalable and proven financial product suite. FundsXpress’ products include retail and commercial Internet banking, cash management, automated lending, account aggregation and dynamic Web sites. FundsXpress clients benefit from the company’s value-added compliance support, customer service and leading adoption rates. For more information, please visit the company at http://www.fundsxpress.com.

About Kearny Federal Savings Bank

Kearny Federal Savings Bank, a federally-chartered stock savings bank, has supported the communities it serves since 1884. The Bank has assets in excess of $ 2 billion and operates 26 full-service banking offices in Bergen, Hudson, Morris, Passaic, Middlesex, Essex, Union, and Ocean counties. For more information, please visit the company at http://www.kearnyfederalsavings.com.

###

Tags: "fundsxpress inc" "greg constantine", announce, Bank, expansion, Federal, financial, FundsXpress, Inc., Kearny, network, Partnership, Renewal, Savings, Strategic

About federal loan consolidation

July 14th, 2011 by Bank Loan | No Comments | Filed in Loans

About federal loan consolidation

Federal loan consolidation is generally a good idea for college students graduating college and facing rising student loan repayments. For years many companies that provide student loans to a wide range of students such as SallieMae, AES, and EdAmerica have participated in the FFLEP federal government loan program.

In addition to many student loan companies, many banks such as Bank of America and Chase of JPMorganChase have gotten in on the student loan business, offering loans at competitive rates.

While the economy was doing well, it was seen as a highly profitable business model to be involved in the student loan business. Students looking to consolidate their loans, both private and federal in some cases, could easily get great deals on consolidation agreements.

Many banks and lending companies were eager to work with students on their federal loan consolidation after their education was complete. Students were offered reductions of between 0.5% and 1.0% on the interest on their federal student loans if they agreed to certain terms. Offers such as reductions for paying on time for a number of months, having the amount taken out right from their paycheck, paying online, and more were common during the late 1990s through the early to mid 2000s.

However in 2008 and 2009 with the economy going into a recession, banks closing, credit getting harder to find, and the whole sub prime mortgage meltdown; many student loan lenders and banks are feeling the heat. Many have announced job layoffs in their companies and more and more companies are exiting the student loan business completely. It is important to note that some companies stopped participating in the federal loan program before the economic downturn.

What does this all mean for federal loan consolidation?

Consolidating your loans is usually a good idea and can save you interest money in the long run. The majority of the companies that are exiting the FFLEP program and the disbursement of student loans are mostly banks that deal in other areas of lending. Major student loan companies such as Sallie Mae and AES continue to offer both private and federal loans through their programs.

If you can consolidate your federal loans you should try to do it. Students should be aware of the fact that while many lending companies are still fully participating in the federal student loan program, more and more are suspending or discontinuing their federal loan consolidation programs. Sallie Mae is one of the large lenders that has announced a suspension on any new requests for federal loan consolidations. As interest rates on loans across the board have dropped, especially on federal loans, and as funding has slowed it would appear that offering consolidation on already low rate loans isn’t currently profitable.

The good news seems to be that federal loans and private loans are still available for students. Federal loans historically offer far lower interest rates and less fees then private student loans and continue to do so.

If you are nearing the end of your grace period on your federal loans, speak with your lenders to see if they still offer consolidation on federal loans. If not you may be able to consolidate with another lender or wait until conditions improve and try for federal loan consolidation later down the line.

For up to date information on federal loan consolidations, status of FFLEP participation, and more on funding college visit : http://www.finaid.org/loans/ .

Written by MaxwellPayne

Tags: About, Consolidation, Federal, Loan

Americas Watchdog Calls Federal Reserve & Bush Administration’s Attempts to Fix US Real Estate Market Disaster Too Little and Too Late

May 31st, 2011 by Bank Loan | No Comments | Filed in Loans

Americas Watchdog Calls Federal Reserve & Bush Administration’s Attempts to Fix US Real Estate Market Disaster Too Little and Too Late

Washington, DC (PRWEB) December 16, 2007

Americas Watchdog is the premier US consumer group focused on homeowners issues. Since 2005, Americas Watchdog has been warning about an economic disaster related to fabricated real estate values invented by exceedingly greedy banks, mortgage bankers, and home builders. While consumers share in the blame for buying into the hype, banks, mortgage bankers, investment bankers, home builders, Congress and the Bush Administration need to take ownership of the fact that their greed has led to an evolving economic disaster that will get much worse in 2008. So how did this happen?

According to Americas Watchdog, “We think that too many individuals get lost on the idea our nation’s real estate disaster is related to sub-prime mortgages. In reality this crisis is about value, and or the lack there of. Many individuals who financed or refinanced their home after 2004 now owe more than their home is worth. That’s with a 10 percent down payment/10 percent equity. We estimate this number is over 15 million homeowners. Essentially they refinanced the perceived equity in their home, when in fact there was no equity, or they put 10 percent or 20 percent down on a home purchase, where the homes value was artificially inflated by 10 percent or 20 percent”.

Home builders, banks and mortgage bankers in 2002-2006 were doing everything they could to promote real estate price appreciation, even if there was little to no basis for increased real estate prices. According to Americas Watchdog and its National Mortgage Complaint Center (Http://NationalMortgageComplaintCenter.Com), “home builders would come into a real estate market like Phoenix, Las Vegas, Miami, the DC Metro, and many other markets and demand appraisals higher than the existing prices of a community by telling the appraisers, ‘either come up with inflated values, or we will find someone else who will’. Seeing the new fabricated real estate values in many US metro’s, greedy banks and mortgage bankers started selling consumers the notion that they could ‘cash in’ on the ‘instant real estate equity’. The problem: real estate values had not really increased. Consumers bought into the frenzy by cashing out of non-existent equity and purchasers of new homes after 2003 may have bought a house priced 20 percent over what it was really worth.”

Americas Watchdog went on to say, “what we find astonishing is the wizards on Wall Street dismissing the seriousness of the real estate/economic issues now facing the US. Its not sub-prime; its value. If the 15 million US homeowners elect to walk away, because they figure out its better than paying on an upside down mortgage that cannot be refinanced, a deep recession is assured and we are not sure how you dig it out of it. Big banks and mortgage lenders were pushing artificial valuations. So were the top 20 home builders. Pushing values happened long before sub-prime … it started back in 2002. The Fed cannot fix this, even if they lower rates to zero. Valuations will first have to arrive at the real world, before that happens. In the mean time pension funds and others are going to have to start wondering who will be able to pick up the bar tab, after all the greed related to the non-stop real estate happy hour that actually ended a couple of years ago. We don’t think even the federal government will be able to pay it”.

On the week of December 12, 2007, the National Association of Realtors said “home prices will gradually start to increase in 2008″. According to Americas Watchdog, “this is a another lie, from a desperate trade group willing to say anything to improve sales for starving real estate agents”. Americas Watchdog has already indicated that home valuations nationwide will decrease another 10 percent in 2008, with extreme markets like Southern California seeing 15 percent decreases. Americas Watchdog has indicated that, “2007 will be a walk in the park, compared to the 2008 real estate market”.

For consumers, Americas Watchdog and its National Mortgage Complaint Center are suggesting the following:

Do not fall for a bank or mortgage bankers offering a “no point, no fee mortgage”. Because banks do not have to disclose a kick back called a yield spread premium the consumer will end up with a higher monthly mortgage payment or a ridiculous mortgage product.
If a homeowner cannot sell their home, they should consider renting it until the housing market starts to recover in 2010 to 2011.
If a consumer has a pay option adjustable rate mortgage, unless their bank can offer them a fixed rate mortgage, with no negative interest feature, that back loads more debt onto the mortgage, they may be better off simply walking away from the home.
If a consumer does not have to buy a home in 2008 don’t. Why buy something in January 2008, that could be worth 10% less by December 2008?
If a consumer needs to refinance your home please contact the National Mortgage Complaint Center as to where to find an honest mortgage lender. ( http://NationalMortgageComplaintCenter.Com )

Because 2008 is an election year, all US citizens should contact their Congress person or US Senator and demand honesty and transparency in the mortgage process. Americas Watchdog thinks all citizens should ask their elected officials why banks and mortgage bankers do not have to disclose kickbacks such as “the yield spread premium”, even though mortgage brokers do. Consumers should also demand criminal prosecutions for home builders and banks involved in schemes that artificially inflated real estate values. What America now needs is a honest and transparent mortgage process, with easy to understand documents and full disclosures of all fees.

Americas Watchdog and its National Mortgage Complaint Center have been warning about these issues for over two years. In contrast to the spin doctors in Washington DC, or Wall Street, 2008 will be grim from an economic standpoint, and for the US real estate markets nationwide. Americas Watchdog is encouraging all consumers and homeowners to be conservative and thoughtful with respect to any housing decision they might make in 2008. Americas Watchdog is all about consumer protection and corporate fair play.

# # #

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Tags: Administration's, America's, Attempts, Bush, Calls, Disaster, Estate, Federal, late, Little, market, Real, RESERVE, Watchdog

Federal Reserve Bank: Controlling Mortgage Interest Rates

May 25th, 2011 by Bank Loan | No Comments | Filed in Loans

Federal Reserve Bank: Controlling Mortgage Interest Rates

Federal Reserve Bank: Controlling Mortgage Interest Rates

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers

Publish Article

0 && $ .browser.msie ) {
var ie_version = parseInt($ .browser.version);
if(ie_version Login

Email

Password

Remember me?
Lost Password?

Home Page > Finance > Mortgage > Federal Reserve Bank: Controlling Mortgage Interest Rates

Categories
AdvertisingArts & EntertainmentAutomotiveBeautyBusinessCareersComputersEducationFinanceFood and BeverageHealthHobbiesHome and FamilyHome ImprovementInternetLawMarketingNews and SocietyRelationshipsSelf ImprovementShoppingSpiritualitySports and FitnessTechnologyTravelWriting

Federal Reserve Bank: Controlling Mortgage Interest Rates

By: Steven Copper
Posted: Aug 28, 2008
Views: 159

]]>

Homeowners need to be very careful of Federal Reserve Bank. Whenever there is a board meeting of Federal Reserve Bank, mortgage interest rates either increase or decrease. As evident from the name itself, it acts as the bank for the federal government in US. It’s the responsibility of this Bank to sets monetary and financial policies. In all, there are 12 branch offices of Federal Reserve Bank through out US.

The main function of Federal Reserve Bank is to manipulate fiscal policy. By doing this, they fine-tune the economy. Fluctuation in interest rates can lead to major economic slow down. That is where, it plays a prominent part in controlling the mortgage rates. There are number of people who are of the opinion that such rates are set by the Federal Reserve but the fact of the matter is that it is not true. Federal Reserve just gives direction to the financial institutions regarding these rates that they must offer to the borrower.

It is mandatory in US that every financial institution must hold back a percentage of its monetary assets. In other words, financial institutions are pretty much forced to maintain a savings account. Ironically, this cash cannot be given to the consumers but yes other financial institutions can easily get it. In exchange for all this, financial institution generally agrees to pay back the amount at an interest rate, widely been regarded as the federal funds rate. The Federal Reserve determines this rate.

You may be quite eager to know how the federal funds rate can have an impact on the mortgage rates. It is worth mentioning in this regard that financial institutions often react to the federal funds rate universally, irrespective of the fact that whether mortgage interest rates is increased or decreased. Mortgage rates increase if the federal funds rate is increased by a quarter points. It has been noticed that bond market also has an impact on the mortgage interest rates.

Steven Copper – About the Author:

http://www.homemortgagewhiz.com/

Source: http://www.articlesbase.com/mortgage-articles/federal-reserve-bank-controlling-mortgage-interest-rates-539936.html

]]>

Increase your traffic today just by submitting articles with us, click here to get started.

Liked this article? Click here to publish it on your website or blog, it’s free and easy!

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
Print

0) {
ch_selected = Math.floor(Math.random()*ch_queries.length);
if(ch_selected == ch_queries.length) ch_selected–;
ch_query = ch_queries[ch_selected];
}
}catch(e){
ch_query = document.title;
}
]]>

Article Tags:
federal reserve bank mortgage interest rates

Latest Mortgage Articles

Foreclosure Defense Secrets Review – Never Worry About House Repossession Ever Again!

According to Foreclosure Defense Secrets, a whopping 112% of American homes faced foreclosure in 2008. That means one in every one hundred and ninety four houses will receive a foreclosure filing!

By: Michelle Pammerson