President Obama Homeowner Affordability and Stability Plan

Author: William M. Davis

The nation has witnessed a number of reforms and regulations introduced by our President Barrack Obama. One of the most awaited regulations is the one relating to home loans and affordability plans. The recent Loan Modification Plan introduced by the President is expected to help home owners with their affordability of mortgage payments, either by way of refinance or loan modification. The Loan Modification Plan is beneficial only to those whose loans are held by Freddie Mac and Fannie Mae and are current on their payments. The fate of those homeowners who tend to lose their homes in the process …

10 Things You Should Never Say to Your Insurers

Author: William M. Davis

To avoid getting your insurance coverage denied, delayed, increase in rates or your claim getting flagged for further investigation. You definitely do not want to say the ten things listed below:
1. “My son/girlfriend/boyfriend… was driving”
There are some exclusions in your car insurance policy, so you want to make sure your policy covers children and everyone in your household who will be driving your car. The names of each family member in your household must be listed on your insurance policy because they may not be covered if you did not list them on your insurance policy.

2. “Whiplash”
Whiplash is so over-abused, that it …