You’ve heard me talk a lot about HAMP — the Home Affordable Modification Program launched by the Obama Administration. Now, however, they’ve added a new facet of the plan that you should know about — Home Affordable Foreclosure Alternatives, or HAFA, which begins on April 5. If you’re underwater on your mortgage, this program is designed to help you. How does it work? Well, yesterday on the Today show, I talked a little bit about HAFA, and what it means for you. Watch the video below for some answers!
This morning’s Money 911 tackled all sorts of topics. Watch the video below for information on what types of investments are right for you, how to pay back debt effectively, and more!
Shortly after finishing this morning’s Money 911, I checked in with my colleague Michael Falcon. He’s responsible for much of the work that has gone into this site — and as well as the Debt Diet Online and many of the other projects I’m involved in. But he also spent years working in the retirement industry, most recently running the retirement business at Merrill Lynch. He had a bone to pick with one of the answers — and he has a very valid point. Here’s what he had to say. More…
This morning on NBC, the Money 911 panel tackled your money troubles, like paying bills when you’re on a tight budget, how debt counseling will impact your credit score, and more. Be sure to watch the video below, and submit your money questions to me here!
Today on Money 911, the experts panel answered a variety of your financial questions. What’s the right plan to start saving for your kids’ college tuition costs? What is the difference between Chapter 7 and Chapter 13 bankruptcy? How much should I put away a day to start planning for retirement? For the answers to these questions and more, watch the video below!
