Not sure whether you can be helped by the government's settlement with five banks? You're not alone. In fact, it could take quite some time to sort out exact... Read More
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State, federal officials reach $25 billion settlement with mortgage servicers
February 23rd, 2012U.S. economy expected to grow faster in 2012, economists say
December 28th, 2011Economists surveyed by the Associated Press said they expect the U.S. economy to grow faster in 2012. But Europe's debt crisis remains a real threat that cou... Read More
Housing starts rose in November 2011
December 20th, 2011Housing starts gained in November 2011 over the previous month and well over the previous year's November, according to the U.S. Census Bureau. This growth was driven by gains in multifamily housing construction.... Read More
Sales of existing homes fall in July 2011
November 07th, 2011Existing home sales fell in July 2011 from an upwardly revised June, but were higher than a year earlier, according to the National Association of Re... Read More
Mortgage impound accounts for taxes and insurance
November 07th, 2011Your Good Faith Estimate (GFE) shows everything is in order…but wait! Why are you being charged more than one years' worth of property tax and insurance premiums at the moment you buy or refinance your house?... Read More
Avoid wrecking your mortgage approval by understanding MDIA and RESPA mandates.
November 07th, 2011If the last time you took out a mortgage was in 2008, it's not the same today. Being aware of government mandates can help you work with your mortgage professional to ensure smoother approval and funding of your home loan.... Read More
How to save money using savings & amortization calculators
November 07th, 2011Homeowners can better evaluate how to target their savings using an amortization calculator in tandem with a savings calculator.... Read More
Borrowers can request independent foreclosure review
November 02nd, 2011Following the "robo-signers" scandal, in which mortgage servicers were found to process foreclosures with insufficient review of specific cases, federal regulators have initiated an independent foreclosure review. Borrowers may request review of individual cases.... Read More
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