On average, American consumers only spend five hours researching their home loan options, despite the fact that such transactions are arguably the largest in most… Read More »Consumers Spend Same Amount of Time Researching Mortgages and Vacations
There’s a better chance you’ll experience foreclosure if your math isn’t up to snuff, according to a new research paper from the Atlanta Fed. Three… Read More »Foreclosure More Likely if You’re Bad at Simple Math
Notices of default, the first step in the foreclosure process, fell 4.2 percent in the first quarter compared to the linked quarter and 40 percent… Read More »California Mortgage Defaults Down 40 Percent
A new California state law enacted at the eleventh hour allows residents to immediately exclude forgiven mortgage debt from their taxable income. The measure, “SB… Read More »California Enacts Mortgage Forgiveness Tax Relief
A shock poll from mortgage financier Fannie Mae revealed nearly nine in 10 Americans believe it’s unacceptable to stop making payments on an underwater mortgage.… Read More »Nearly 9 in 10 Americans Believe It’s Wrong to Stop Paying Mortgage
