Realtors: Home Prices Are at Unhealthy Levels
If you’re thinking about buying a home, but concerned home prices have risen just a little too much lately, take heed of this warning. In… Read More »Realtors: Home Prices Are at Unhealthy Levels
April 2015
Department of Justice Sues Quicken Loans for Faulty FHA Underwriting
The United States Department of Justice has filed a lawsuit against Quicken Loans for improperly originating and underwriting mortgages insured by the Federal Housing Administration… Read More »Department of Justice Sues Quicken Loans for Faulty FHA Underwriting
Nearly 70% of Home Listings Are Stale, but Maybe Not for Long
Even though we’re deep into April, the typical spring home buying season doesn’t seem to be in full swing. It usually picks up in March,… Read More »Nearly 70% of Home Listings Are Stale, but Maybe Not for Long
Mortgage Lenders In Europe Now Owe Their Borrowers Interest
A very odd thing is happening over in Europe. Thanks to rock bottom interest rates, some homeowners are actually due interest from their mortgage lenders.… Read More »Mortgage Lenders In Europe Now Owe Their Borrowers Interest
Green Tree to Pay Borrowers $48 Million for Loan Servicing Abuses
If Green Tree serviced your mortgage from 2010 to 2014, you might be due some compensation for alleged wrongdoings. Today, the Consumer Financial Protection Bureau… Read More »Green Tree to Pay Borrowers $48 Million for Loan Servicing Abuses
Detroit Home Buyers Offered Zero Down Mortgages Up to 150% LTV
While this might sound like another exotic mortgage gone wrong, it’s actually a new program geared toward making the city of Detroit better, not worse.… Read More »Detroit Home Buyers Offered Zero Down Mortgages Up to 150% LTV
Financing Isn’t the Number One Reason Home Purchase Contracts Are Terminated
When you think about why home purchase contracts fall apart, mortgage financing is probably the first issue that comes to mind. But there’s actually another… Read More »Financing Isn’t the Number One Reason Home Purchase Contracts Are Terminated
Fannie Mae Is Offering 3% Toward Closing Costs If You Educate Yourself
Today, Fannie Mae tweaked their HomePath program a bit more by offering three percent in closing cost assistance if eventual home buyers complete an online… Read More »Fannie Mae Is Offering 3% Toward Closing Costs If You Educate Yourself
A Good Time to Sell a Home, But Buyers Aren’t Interested?
Here’s a bit of a quandary. While 2015 might be a good time to sell your home, fewer say they’re interested in buying, according to… Read More »A Good Time to Sell a Home, But Buyers Aren’t Interested?
Lady Antebellum to Pay Fans’ Mortgages
What do a popular country band and your mortgage have in common? Probably nothing, unless you’re one of seven lucky winners. A new contest has… Read More »Lady Antebellum to Pay Fans’ Mortgages