Category Archives: Mortgages
Help for mortgage modification
A new tool aims to streamline the modification process for struggling homeowners. Continue reading
Tighter rules for some borrowers
Condo buyers and self-employed borrowers may soon have to jump through additional hoops to get a mortgage. Continue reading
Housing lifts the economy
The Fed’s latest report shows a correlation between rising home prices and the economy. Continue reading
Mortgage scammers busted
Federal authorities have charged 530 individuals during a yearlong initiative created to protect struggling homeowners from scammers.
More than 73,000 mortgage borrowers were victims of the alleged criminals and together lost more than $1 billion, acco… Continue reading
Equifax sold info improperly
One of the three credit bureaus, Equifax, has settled charges that it illegally sold consumer information to marketers selling debt relief products. Continue reading
Luring investors to mortgages
Investors could reap some rewards in the mortgage market, if they’re willing to take on risk. Continue reading
Jobs report: Surprise!
The unemployment rate unexpectedly fell to 7.8 percent, the lowest level in nearly four years. Good news for the president. Not so good for borrowers. Continue reading
What Romney meant about mortgages
Mitt Romney brought up mortgages in the first presidential debate. Here is what he was talking about when he mentioned qualified mortgages. Continue reading
Rental demand slows
As the housing market improves, rental demand wanes. Where does that leave investors? Continue reading
Surtax for property owners?
Wealthy homeowners and property investors may be hit with a confusing surtax. Continue reading