underwater homeowners

Freddie Mac Mulls Action Against Eminent Domain Plan

The city of Richmond, a working-class suburb on the San Francisco Bay in California, has already begun sending out letters…

9 years ago

California City Ready to Take New Steps against Foreclosure

The city of Richmond in California is ready to take new steps against foreclosures. It will begin to work with…

9 years ago

HARP 2.0 Helping More Homeowners To Refinance

The foreclosure crisis played havoc with real estate markets across the nation, yet some markets were clearly worse hit than…

9 years ago

Half of US Homes are Underwater on Mortgages

A new study has revealed that an incredible 50% of all homes in the US are now officially "underwater", which…

10 years ago

Despite Lower Home Values, 9 out of 10 Homeowners Stick It Out

Any smart student of finance will tell you that it’s not a good idea to owe more on something than…

10 years ago

73 Percent of Consumers: What’s a HAMP? Who’s a HARP?

It doesn't matter that the Obama Administration recently enhanced leading government programs to bail out more underwater homeowners and save…

10 years ago

HARP 2.0 Explained

The government has recently announced the extension of its Home Affordable Refinance Program, and at the same time relaxed eligibility…

10 years ago

Understanding The Mortgage Settlement

Last week’s big mortgage settlement between states, the federal government and America’s five biggest banks was the largest of its…

10 years ago

Obama Promises More Aid to Housing

President Obama pledged to keep the “American Dream alive” in his State of the Union address last Tuesday, outlining a…

10 years ago

Less Borrowers Underwater, But It’s Not A Good Sign

The percentage of underwater homeowners, those who owe more than their home is worth, has dropped off slightly in the…

11 years ago