Most of the $26 billion or so in this national settlement is designed to help current homeowners keep their homes. But $1.5 billion of it will go to about 750,000 who have already lost their homes to foreclosure. That’s about $2,000 each.
Gasoline prices have remained steady for the nation, but not for Philadelphians. As of this morning, the average price for a gallon of gasoline in Philadelphia is $2.73. Gas in New Jersey remains near $2.53, and the nation is looking at an average of $2.69 a gallon. However, this time a year ago gas in…
For over three decades, the Philadelphia Commercial Development Corp. has provided financial support to local minority businesses and start up companies. To date, much of the PCDC's funds are received from state and federal grants provided by the city of Philadelphia. In early July, the city plans to cease its funding of PCDC, and to redirect those funds,…
Homeowners across the US should beware of so-called mortgage counselors that are making money taking advantage of financially strapped homeowners. These companies are charging fees ranging from a couple hundred up to thousands dollars to modify home loans under the Obama administration's Recovery Plan. Approximately 100 homeowners throughout the country have been scammed by two…