Help for mortgage modification
A new tool aims to streamline the modification process for struggling homeowners.
Posted in Mortgages
Tagged homeowners, mortgage modification, Mortgages, website
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Tighter rules for some borrowers
Condo buyers and self-employed borrowers may soon have to jump through additional hoops to get a mortgage.
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Tagged condo, mortgage, Mortgages, self employed
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Housing lifts the economy
The Fed's latest report shows a correlation between rising home prices and the economy.
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, according to the Department of Justice.
The charges resulted from the Distressed Homeowner Initiative, a nationwide effort the FBI started last year
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Tagged Foreclosure, mortgage, Mortgages, scam
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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.
Posted in Mortgages
Tagged credit bureaus, Equifax, Federal Trade Commission, ftc, mortgage, mortgage payments, Mortgages
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Luring investors to mortgages
Investors could reap some rewards in the mortgage market, if they're willing to take on risk.
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Tagged government, investors, mortgage, Mortgages
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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.
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Tagged jobs, mortgage, Mortgages, unemployment
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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.
Posted in Mortgages
Tagged debate, Mortgages, QRM, qualified mortgage, qualified residential mortgage
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Rental demand slows
As the housing market improves, rental demand wanes. Where does that leave investors?
Surtax for property owners?
Wealthy homeowners and property investors may be hit with a confusing surtax.
Posted in Mortgages
Tagged capital gains, investment, Mortgages, property, surtax, tax
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