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Association Laws In
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Abuses Especially
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second chance to
keep their
foreclosure homes
Refinancing A
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Service Members On
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Recent Featured Articles
How Ginnie Mae Works To Help Low Income Americans Find
Affordable Housing
We know a lot about
Fannie Mae and Freddie Mac
, but not enough about Ginnie Mae. A
guaranty from this Government Sponsored Enterprise (GSE) allows lenders to get a better price
for their mortgage loans in the secondary market. The
lenders
then have fresh money to fund new
mortgages.
read more...
Banks Created The Foreclosure Mess: Now They Want To
Profit From Renting Distressed Houses
The major banks have thrown their hats into the housing rental ring. Earlier this year the Obama
Administration proposed renting the thousands of
foreclosure houses
across the nation. The
Administration asked the public and the professionals for ideas to help manage a program that
would turn about 180,000
foreclosures
into rental properties. The banks were quick to put forth
several ideas which could see them becoming major
landlords
.
read more...
Top Mortgage Stories
Streamline FHA Mortgage: Less
Underwriting
For
A Refinance
HAMP requests proof of income
upfront:
This
disqualifies lots of
borrowers
Good Faith Estimate (GFE)
ARMs To Reset: More Defaults And
Foreclosures
Expected
Buy And Bail Scams
Foreclosure Fraud: Where's The
Original
Note?
Helping You Avoid Foreclosure
Government-Backed Zero Down
Mortgages
Still
Available
Stated Income Loans For Self
Employed
Red Flags Of Reverse Mortgage
Banks To Buy Back Bad Loans
Mortgage Servicing: Get To Know The
Company
That Collects Your Money
Recasting Is A Great Option
Hard Money Lending On The Rise
Good Neighbor Next Door: Mortgages
For
Special
People
What You Should Know About Reverse
Mortgages
Foreclosures: Squatters Rejoice In New
Found
Homes
Consumer Financial Protection Bureau Ready To Hear
Complaints About Home Loans
The new federal agency, Consumer Financial Protection Bureau (CFPB), is ready to hear the
million of complaints and inquiries
about mortgages
. The agency will hear how the banks lost
documents, how lenders did not respond to
homeowners
in a timely fashion, and how
homeowners were refused loan modifications.
read more...