All Entries in the "Learning Center" Category
HUD releases $1 Billion of Foreclosure Assistance for 27 States
The U.S. Department of Housing and Urban Development (HUD) has partnered with NeighborWorks America to launch the Emergency Homeowners’ Loan Program (EHLP) to help those at risk of losing their homes. For full article, click here
5 Ways to Avoid Foreclosure
In light of the current housing market crisis facing America, the word “foreclosure” represents a very real threat and risk that is breathing down the necks of millions of Americans. For full article, click here
Five Things You Should Know Before Buying A Foreclosure
By now, the general public has been exposed to so many evening news reports about foreclosures that the thought of buying one conjures up all sorts of images. For full article, click here
Home sales fall even as mortgage rates touch lows for 2011
Fewer people purchased previously occupied homes in April. Activity among first-time homebuyers increased and foreclosure sales declined, but those factors weren’t enough to signal a recovery in the weak housing market. For full article, click here
Banks Rush to Improve Foreclosure Practices
Under orders from U.S. regulators, 14 financial institutions have until mid-June to lay out plans to clean up their mortgage-servicing operations—and another 60 days to make the changes. For full article, click here
Foreclosure Deals: Do You Know the Fundamentals?
You see bits and pieces foreclosure deals all around. The buzz is that they’re very profitable. But what is really happening? How do foreclosure deals work? For full article, click here
Foreclosure Crisis Helps Make New Homes A Bad Deal
A new home, the dream of many would-be buyers, makes less and less financial sense in many places. For full article, click here
Regulators Push Foreclosure Crisis Solution
Federal and state authorities have banded together to give large banks a detailed proposal for how to handle loan servicing and foreclosure. For full article, click here
NJ mortgage fraud costs people their houses
Michael and Lori Saul thought they were being offered a lifeline to rescue their home from foreclosure. In the end, it turned out to be a snare. For full article, click here
Banks more willing to work with homeowners to prevent foreclosure
The Robinson family was living paycheck to paycheck when in 2009 the interest rate on their mortgage went up $400 a month. When Ruth Robinson and her husband bought their house six years ago, they had an adjustable rate mortgage. For full article, click here
3 Major benefits of mortgage loan modification
There are certain loopholes of getting your mortgage terms modified but still you get certain benefits. For full article, click here
