My Blog

Why Bailouts Fail

For the most part, MortgageKeeper folks are "glass is half-full" types. But a recent rather "glass is half empty" commentary by Neel Kashkari, head of global equities for Pimco and a former assistant Treasury secretary who ran the Troubled Assets Relief Program (TARP)...

Financial Literacy Month Matters

We know Financial Literacy Month is half over, but we couldn't let the month go by without stressing how desperately it's needed in today's economy. The month of keen focus on how we should spend and save is sanctioned by our President and our Governor, and we wanted...

The Monthly Question

Imagine you are a struggling homeowner--barely making ends meet. (An all-too-common scenario these days.) You have three bills to pay this month: Credit cardsMortgageCar loan You can only afford to pay one of them. Which one do you choose? (Insert Jeopardy theme music...

Support for Housing Counselors!

We see a lot of money tossed around to solve the housing crisis--sometimes to no avail. But HUD's new approach made us stand up and cheer...$42M to housing counselors. And NFMC followed suit Monday. Great news for distressed homeowners trying to find unbiased...

Mapping Consumer Distress

We know that folks are struggling. When our database referrals jump from an average of 2,500 a day to 2,700 a day in just a few months, overall conditions aren't improving. It can be hard to understand the magnitude of consumer debt and net worth issues. Sometimes a...

Easing Financial Struggles–A Q1 Update

Just in time for the Mortgage Bankers Association Servicing Conference, and to drive our poor stats guy crazy, we ran the MortgageKeeper Homeowner Needs Status Report for the first half of Q1. This report tells us how much our data is being used, and the top needs of...