Search for Article...
5 December 2017
What will the leadership changes at the CFPB mean to mortgage borrowers and other consumers, now that President Trump has appointed an opponent of the agency to be its director?.
Read more
5 January 2016
When you look at mortgage rates, do you ever wonder how they come up with them? A big part of solving the mystery is understanding the role of the Federal Reserve.
Read more
9 December 2015
Interest paid on home equity loans is tax-deductible, similar to a primary mortgage, but there are some special rules you need to be aware of.
Read more
24 November 2014
You fell behind on your mortgage payments and lost your home to foreclosure.That's the end of this financial nightmare, right? Not quite: Something called a deficiency judgment could come back and haunt you.
Read more
19 October 2014
Important tax news related to your mortgage loan - Read what deductions you are allowed to take.
Read more
5 September 2014
New rules that took effect last month protect widowed spouses whose homes are subject to a reverse mortgage.But for borrowers who will be seeking such loans, there is a downside as well.
Read more
15 May 2014
Steps to ease access to mortgage credit, including cutting the cost of FHA loans, were announced Tuesday by the two federal agencies that oversee the vast majority of U.S.residential mortgages.
Read more
13 February 2014
Recent changes in federal rules that make it more difficult for seniors to get a reverse mortgage are meant, in part, to protect seniors from themselves, experts say.
Read more
15 January 2014
Small lenders are complaining about the new qualified mortgage (QM) rules that took effect last week, saying they put an undue burden on them and limit their ability to offer certain types of mortgages their customers demand.
Read more
30 December 2013
Buying a property in a development with a homeowners association (HOA) can seem like a great idea until you run afoul of its rules.
Read more
26 December 2013
Mortgage borrowers who lose their homes to foreclosure or face financial difficulties due to being underwater on their loan could face another hit in 2014 - a big tax bill.
Read more
14 December 2013
Changes at the top of federal bureaucracies often seem to have little effect on the average person.But this week's confirmation of former U.S.Rep.
Read more
9 December 2013
Starting on New Year's Day, high-value homebuyers will have to scale their ambitions back a bit if they plan to use an FHA mortgage.
Read more
6 December 2013
New mortgage rules taking effect next month won't change anything on homeowner's current mortgages and it won't prevent borrowers from taking out home loans with debt-to-income ratios above 43 percent, despite widespread claims to the contrary.
Read more
11 October 2013
Housing and mortgage industry trade groups are banding together to press the Federal Housing Finance Agency (FHFA) to hold off on its plans to reduce the size of mortgages that can be approved by Fannie Mae and Freddie Mac.
Read more
4 September 2013
Older Americans have the AARP to advocate on their behalf.Now, a group of housing industry veterans has launched a similar organization with the stated goal of looking out for the interests of homeowners.
Read more
6 August 2013
Thirty-year mortgages will still be around, but will likely be a bit more expensive under the proposal President Obama laid out today for replacing Fannie Mae and Freddie Mac.
Read more
17 July 2013
Yesterday's Senate confirmation of Richard Cordray as the undisputed head of the Consumer Financial Protection Bureau (CFPB) not only solidifies his status, but that of the bureau itself and the actions it has taken over the past two years.
Read more
3 April 2013
The Obama administration is working to boost mortgage lending to borrowers with less-than-perfect credit, using a coordinated effort among federal agencies and lenders, the Washington Post is reporting.
Read more
19 March 2013
A group of state attorneys general are calling for the replacement of Federal Housing Finance Agency head Edward DeMarco, saying his refusal to allow mortgage principle reductions is unduly prolonging the foreclosure crisis.
Read more