You provide reams of personal and financial information to your mortgage lender when applying for a home loan or refinance. But how safe is this information?
Personal Finance Articles
The idea that homeownership is a path to wealth has been behind U.S. housing policies for more than 50 years, and the effort to increase the rate of homeownership has failed miserably, according to the American Enterprise Institute (AEI).
Expanded unemployment benefits were one of the most effective federal programs in preventing foreclosure in the wake of the Great Recession, according to a recent study, outperforming other efforts specifically designed to address the foreclosure crisis.
The housing recovery continues to move in slow motion, and the trend of adult children continuing to live in their parent's homes has been called one of the reasons. A new study looks at some of the reasons why young people are remaining in the nest, but also notes that when they finally do move out, they may not give the market the boost some have anticipated.
For retirees in need of money, a cash advance on their pension may seem like an attractive option. But such arrangements often compare poorly to other financial options, according to a new study from the Government Accountability Office (GAO).