The mortgage industry is a bit bleak at the moment and the need for change is obvious. Despite differing opinions as to how the market is best served for recovery, we can all agree that recovery is going to take time and a coordinated effort among many. A Glimmer Of Hope Some say the worst  … Read more

When we think of all the damage done by the mortgage crisis and foreclosure troubles, we focus on the homeowner and how it has affected so many families. At times, we may allow our thoughts to drift to the lender and how the mortgage mess affects them and, ultimately, comes back to impact the borrowers.  … Read more

Freddie and Fannie have taken their fair share of media attention and criticism over the last few years. After their involvement in many branches behind the mortgage crisis, these lending giants have been working to restore their name. Although their efforts may win back the respect of borrowers, many company executives are ditching the train  … Read more

Although it may not seem like today’s market offers much for buyers, there actually are great deals going on right now that can save money and help buyers get into their dream home cheaper than ever before. However, the mortgage industry is still tricky as always and choosing the right mortgage isn’t always easy. Anyone  … Read more

Just as quickly as things fall into place life happens and the unexpected becomes a reality. As a homeowner, protecting yourself against financial hardship is crucial to the success of maintaining a mortgage and avoiding foreclosure. While there is no guarantee that any unforeseen circumstance can be controlled by preparation, you do have a far  … Read more

When it comes to taking out a mortgage loan there are some significant differences between a conventional loan and an FHA insured loan. Generally speaking, FHA loans are easier to obtain than conventional loans. However, the foreclosure troubles have spurred some interesting changes in the mortgage industry, one of which includes making some changes to  … Read more

California Attorney General, Kamala Harris, has been actively involved in the foreclosure crisis resolution efforts since she took office 16 months ago. After several outspoken speeches and many aggressive attempts to obtain better mortgage debt help for California homeowners, Harris is now lobbying state lawmakers to consider a new bill package. Policy Changes The proposed  … Read more

The spring and summer are the hot seasons for buying or selling a home. Although many people are still hesitant to jump into a mortgage in such a battered market, there are still plenty of people who need to sell and some that are looking to buy. The key is knowing what to look for  … Read more

The volatility of the mortgage industry has brought a sour taste to the mouths of many Americans. After big lenders took over headlines, not much is left to be desired in terms of home ownership. However, there have been a few positive points worth mentioning in recent months. Rays Of Hope First, the Federal Trade  … Read more

The government is looking for new ways to help homeowners avoid foreclosure. While many steps have been taken to make mortgage modification and refinancing offers more available, there is still much to be done in the avenue of consumer education. Now, the government has proposed several new changes to mortgage lending rules that are designed  … Read more