A new type of affordable 15-year mortgage aimed at moderate-income and flawed credit borrowers is getting a tryout by Bank of America and Citigroup.
HAMP Expanded to Rentals, 2nd Liens
Owners of rental properties and homeowners burdened by secondary expenses are now eligible for mortgage relief under a new expansion of the Home Affordable Modification Program (HAMP).
Extended though 2013
Second liens included
Consumers say they understand the financial process of buying a home, but there are widespread misconceptions about what it takes to qualify for a mortgage, according to a new Wells Fargo...
If you would have qualified for a mortgage loan in 2013, the odds are high that you'll qualify for one today, too, even after new lending rules that went into effect in January of this...
Shopping for a mortgage can be an intimidating process, particularly for a first-time homebuyer. There are a lot of details, unfamiliar terminology and new concepts to get a handle on....
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