Foreclosure Help: Rapper Pays Off Mortgages of 2 Families Facing Foreclosure on Oprah
Uusally, when news comes out of the entertainment world about rappers, it’s not good. Well, Will.i.am of the Black Eyed Peas has put the kibbash on that. On Oprah recently, he paid off the mortgages of two families facing foreclosure.
His generosity underscores how a few thousand dollars to one man is like a few billion to another. He stated in the article, Will.i.am Pays Off Mortgages For Families Facing Foreclosure, stating:
Doing this isn’t gonna leave a dent in my house… but it could help somebody that really needs it. It’s something that means a lot to me.
Way to go Will.i.am!
What Would You Do If You Didn’t Have Mortgage Debt?
Most of us dream of the day when we don’t have a mortgage to pay. Proof? In the What Would You Do If You Had a Million Dollars poll on GenerationXFinance.com, many of the respondents mentioned either paying off mortgage debt or outright buying homes.
How would you spend the money you pay on your mortgage each month now if you no longer had a mortgage?
P.S.: Wonder how foreclosure affects your credit? Read Foreclosure & Credit: How Does Foreclosure Impact Your Credit Report? and Credit Report Repair: Credit (FICO) Scoring Explained.
Get the FREE credit repair report, 6 Credit Repair Myths and 6 Specific Ways to Raise Your Credit Score and start repairing your credit.
Copyright © 2010 Yuwanda Black for Foreclosure Business News. Article may not be reprinted or reproduced in any manner without the express, written consent of the author.