Blog Archive: April 2009

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

Herman Cain Show Tonight 7:00pm ET

Added April 29, 2009 by Ilyce

I'm filling in on the Herman Cain show tonight, starting at 7:00pm ET. You can listen live at wsbradio.com or call in at 404-872-0750 if you have a question about the new second mortgage plan that President Obama announced late yesterday or about his 100 days speech that begins tonight at 8:00pm ET…

GDP Declines More Than Expected In First Quarter

Added April 29, 2009 by Melanie G. Rogers

American real gross domestic product declined by 6.1 percent in the first quarter, according to advance estimates by the Bureau of Economic Analysis. Since this is an estimate, the GDP numbers may be revised.

This was a greater decline than expected, but less than the 6.3 percent decline of the GDP…

Topics: personal finance advice

Homeowners Struggling With A Second Mortgage Get Some Help

Added April 29, 2009 by Jennifer A. Freeman

Homeowners with a second mortgage may qualify for some additional relief with the Second Lien Program under the Making Home Affordable Program.

The Treasury Department estimates that up to 50 percent of at-risk mortgages currently have second mortgages. The Second Lien program may potentially reduce…

Topics: mortgage

Second Mortgage Assistance Announced By Obama Administration

Added April 28, 2009 by Melanie G. Rogers

I find it extraordinary how much government intervention there has been into the housing market and helping homeowners. If only this would happen for those of us with crushing student loan debt at a 6.8 percent interest rate...

But I digress...

The Obama administration announced today assistance for…

Topics: mortgage