WalletPop Wire
Faces of loan modification: Christine Attalla, Bolingbrook, Ill.
How well is the government's loan modification working? WalletPop's four-part special report continues with profiles of some of those trying to get help. To read the overview, click here.Christine Attalla is among the lucky. The suburban Chicago homeowner not only got a temporary loan modification, but she's on track to convert it to a long-term adjustment before Christmas.
She even calls herself lucky, although when she does there's a quiver in her voice. That's because in the process, her credit took a beating.
For a solo entrepreneur -- Attalla, 38 and divorced, runs her own public relations company -- poor credit is a serious problem.
It all began last spring, when Attalla realized the economic downturn was making it increasingly difficult for her to manage her $3,000-a-month payment on her Bolingbrook home. And she was pregnant, so she knew she'd have less earning power later in the year.
Attalla heard from a friend about the modification program, applied in April through her lender, CitiMortgage, and waited.
She was approved for a three-month trial reduction -- for June, July and August -- which cut her monthly payments in half. If she kept current, she said, she would qualify for a permanent modification that started with a 2% interest rate and tiered up after a decade. So far, so good.
Extreme home makeover, Part V: $55,000 later, we're finally done
This is the last of a five-part series about how the writer and her husband, Charlie, tackled a major overhaul of their home and the pitfalls they faced along the way. To read the first installment click here.
The workers are gone, the dumpster was picked up, and we are touching up the stain and paint. Now that things are finished, we are so glad that we put in the quality finishes and the extra touches we wanted. The total cost was around $55,000 -- twice as much as we had originally planned.
The investment is definitely worth it. Now we have new plumbing throughout the house, updated electrical, refinished floors, and a state-of-the-art kitchen -- all upgrades that are bound to boost the value of our home if we ever decide to sell.
Extreme home makeover, Part IV: Progress at last, but roadblocks remain
This is the fourth part of a five-part series about how the writer and her husband, Charlie, tackled a major overhaul of their home and the pitfalls they faced along the way. To read the first installment click here.
We continue to eat dust and stumble through piles of stuff. In spite of the inconveniences, I was starting to feel positive about the progress -- that is, until a large semi-truck pulled up to deliver the dome that goes over the tub.
Rick, our contractor, and my husband soon discovered the dome weighed close to 400 pounds. With daggers in their eyes, they asked, "And just how are we suppose to get this thing out?" Fortunately. I remembered reading on the website that the dome was actually quite light -- it was the packing that was so heavy. Grumbling and swearing under their breath, they emerged about 15 minutes later with a fiberglass dome to be temporarily stored in the living room.
Tom's Take: It always makes sense to add the cost of a few visits with your chiropractor to every home improvement budget.
- Hardware Design Engineer, Smart Grid $87,700 Mid-Level; requires Engineering Bachelor's
- Welder, Cutter, Solderer, or Brazer, Wind Power; salary: $50,300 Mid-Level; requires: High School/Associate's Degree
- Wind Turbine Technician, Wind Power; salary: $52,600 Entry-Level; requires: Bachelor's Degree
- Construction Superintendent, Wind Power; salary: $74,000 Senior-Level; requires: Bachelor's Degree
- Field Service Engineer, Wind Power; salary: $62,400 Mid-Level; requires: Engineering Bachelor's Degree
E-filing tips that should save time, if not money
If the trend in e-filing continues, the IRS expects more than 100 million individual taxpayers to file their tax returns electronically for the 2009 tax year. More than one-third of those taxpayers will file by personal computer; the remainder will use a professional tax preparer or free file at an IRS site. No matter how you choose to e-file this year, following are some tips to make it as easy as possible.
IRS' e-file program gaining users
Chances are, you filed your federal taxes electronically this year. According to the IRS, about two out of every three individual taxpayers elected to e-file in 2009, up almost 6% from returns filed electronically in 2008. That works out to just a few million returns shy of 100 million individual returns, or 67% of tax returns.
It's a pretty incredible increase for the IRS e-file program which began just more than 20 years ago. In 1986, the first year of the program, just 25,000 refund-only returns were accepted in three locations, less than 1% of the returns filed in 2009.
Faces of loan modification: Kathy Partak, Auburn, Calif.
How well is the government's loan modification working? WalletPop's four-part special report continues with profiles of some of those trying to get help. To read the overview, click here.Kathy Partak went into loan modification armed with the powerful combination of knowledge and motivation. She had worked in the mortgage business, so she knew her rights and the right vocabulary to use. And she had a step-rate loan that was about to step up dramatically.
Add to that an on-the-job shoulder injury that left her unemployed and Partak figured she was a perfect candidate for modifying the loan on her three-bedroom home in Auburn, Calif.
But Chase Manhattan Bank denied her a modification, Partak said, telling her, "Unemployment is not a permanent hardship."
"Hopefully not!" said Partak, 42. "But it's one of the reasons they allow for on their paperwork of qualification."
Extreme home makeover, Part III: Falling victim to project creep
This is the third part of a five-part series about how the writer and her husband, Charlie, tackled a major overhaul of their home and the pitfalls they faced along the way. To read the first installment click here.
The situation is deteriorating fast. A large part of the problem is our fault, we're falling victim to an all-too-common disorder in the industry called project creep.
It works like this: If we are going to put in a new hallway floor, why not rip up the carpet upstairs and do all the floors there, too? And if we are going to do the upstairs, then it only make sense to do the downstairs as well. Since we got such a good deal on the granite, why don't we put new counter tops in the kitchen? For that matter, why not get new appliances? After all, the plumber and electrician are already here. They can get things hooked up. Don't you think the whole thing will look lousy if we don't re-tile the kitchen back splash? Why not, it already has a hole in it from the plumber. And so on...
Call of Duty: Retail's silver bullet to boost sales figures
Lovers of Activision Blizzard Inc.'s latest offering Call of Duty: Modern Warfare 2, propelled the first-day sales numbers into the record books, raking in an estimated $310 million in North America and the United Kingdom alone. A move sure to help the gaming industry's slumping October sales. Fans of the game waited in lines for hours to for the clock to strike midnight on Tuesday, November 10, contributing to Activision's estimates that it sold about 4.7 million copies of the game in the first 24 hours it was available. That makes Call of Duty: Modern Warfare 2 the biggest-selling launch in the history of entertainment.
The game, which sells for $60 and plays on Windows-based computers, Microsoft's Xbox 360 and Sony's PlayStation 3, is sure to be at the top of many Black Friday shopper's lists.
Shoppers hoping to save a Black Friday buck or two on Call of Duty should check Best Buy's Black Friday ad. And not just for Call of Duty deals. The retailer will be offering several hot new releases at reduced Black Friday prices. For instance, Left For Dead 2, which will debut on Nov 17 for $60 will list 10 days later for $34.99
For other red-hot Black Friday deals and news coverage stay tuned to WalletPop's Black Friday Deals 2009.
Green shoots: Clean tech is the fastest growing job market
Jobs in the clean technology industry are growing twice as fast as the national average. So that's where the jobs are. Walletpop spoke with Ron Pernick, co-founder of West Coast-based Clean Edge and the author of The Clean Tech Revolution, to find out what these jobs are, how to land one, and, most importantly, how much they pay.
Here are some highlights from Clean Edge's recent report, Clean Tech Job Trends 2009, which I highly recommend you read if you want to know if this industry is for you. There are lots of resources for clean tech job trainings, education and job search engines, after the jump.
According to the report, jobs vary from accountant -- there's one we've heard before -- to wind turbine technician. From the report, here's a sample of jobs and their salaries:
PERSONAL FINANCE
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
FROM THE BLOG
- Ask WalletPop
- Buyer Beware
- Celebs & Money
- Fantastic Freebies
- Kids and Money
- Loose Change
- Ripoffs and Scams
- Sex Sells
- Stimulate US
- The Dolans
- Video
INVESTING
- DailyFinance
- Stock Quotes
- Stock Charts
- Stock Ticker
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
SMALL BUSINESS
Favorite SITES
Top Money Features
- How much money can you save with coupons? Follow our expert tips and it's a lot!
- Visit The Savings Experiment
PERSONAL FINANCE FROM CNNMONEY
Interest Rates
| Type | Current | APR |
|---|---|---|
| 30 yr fixed mtg | 5.02% | 5.15% |
| 5/1 ARM | 4.09% | 3.79% |
| $30K HELOC | 5.23% | 0.00% |
| 36 month new car loan | 6.45% | 0.00% |
| 1 yr CD | 1.60% | 1.62% |
SHOPPING FROM SMARTMONEY

Friday freebies: free $10, Wifi, Kotex, recipes and movie rentals
November 13, 2009

Rite Aid $4 off $20 coupon and freebie!
November 13, 2009

Free photobook with purchase
November 12, 2009
Free Kotex ultra thin overnight pads with wings
November 11, 2009

Salute this! Veteran's Day free meals
November 10, 2009

Free diet consultation with Jenny Craig
November 9, 2009

Five Fabulous Finds: Calendars, mascara and nutrition bars ... free!
November 6, 2009

Free wedding gowns for military brides
November 6, 2009

Free tickets for 2009 National Christmas Tree Lighting Ceremony
November 5, 2009My Investments
My PortfoliosWatchlistFind out why more people track their portfolios on AOL Money & Finance than anywhere else. |
Buy Stocks At...
Headlines From WalletPop Partners
More Great Sites
Quick Links
|
More on WalletPop
|
More WalletPop
|
More Money & Finance
|
More Blogs & Sites
|
More Blogs & Sites
|
Visit Money & Finance for stock quotes, the web's best online portfolio manager and the latest business & market news. Find out about every aspect of personal finance and money management, from finding the best mortgage rates and preventing identity theft to making money, saving money and investing money.
- © Copyright 2009 AOL, LLC All Rights Reserved
- Back to Top

