Mortgage

Mortgage servicers brace themselves as forbearance programs edge towards expiration

Mortgage servicers are preparing for a wave of delinquent mortgages and possible foreclosures to hit the market, but say they…

9 months ago

Fannie Mae chair warns against cash-out refinancing

Housing industry experts have been pretty vocal about the benefits of refinancing a mortgage lately, saying homeowners can benefit from…

9 months ago

Benefits of Private Mortgage Lenders

When most homeowners seek a mortgage, they go to a bank, credit union, or other financial institution, but sometimes, these…

9 months ago

Zombie foreclosures rise despite existing moratorium

Research shows that so-called “zombie foreclosures” are emerging in much bigger numbers again as distressed homeowners abandon their properties in…

10 months ago

Foreclosure activity to resume in July, some banks say

Some of America’s biggest banks have said they’ll start resuming foreclosures on delinquent mortgages this summer when COVID-19 forbearance programs…

10 months ago

Many homeowners regret not refinancing earlier, survey finds

A large number of homeowners have expressed regret that they missed out on the 2020 refinancing wave, which saw many…

11 months ago

FHFA launches new refinancing program for low-income homeowners

Low-income homeowners who may have missed out on last year’s refinancing boom are to be given a second chance, the…

11 months ago

It’s getting harder to be approved for a mortgage

Some buyers might struggle to gain approval for a home loan as lenders are starting to tighten their credit standards.…

12 months ago

Why a bridge loan can give buyers an advantage in bidding wars

Real estate shoppers who’re struggling to buy a home due to the intense competition in the market might want to…

12 months ago

Cash-out refinancing hits highest level since 2008

So-called cash-out refinances are surging in popularity, hitting heights that haven’t been seen in over a decade, since the Great…

1 year ago
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