This was the first category I created when this website was created in 2006.
And it’s really why I launched the site to begin with. To educate prospective home buyers and existing homeowners.
Simple guides and practical mortgage tips can help you better understand and prepare for the home loan process.
Same goes for answering mortgage questions and brushing up on the latest mortgage lingo.
Sometimes home buyers focus exclusively on the real estate piece while ignoring the home loan part.
This can result in some bad decisions when it comes to getting a mortgage. Or simply overpaying because of missteps (or a lack of shopping around!).
Learn how to get a mortgage, refinance an existing loan, and discover the many different loans programs available today.
You’re not financing a TV, or a car for that matter. It’s a big purchase and it deserves a lot more time and attention.
Arm yourself with knowledge early on and you’ll likely enjoy a better outcome.
Mortgages sold on the secondary market quickly after being originated were underwritten more poorly than loans kept on banks’ books, according to a report from… Read More »Report: Originate to Distribute Mortgages Default More
A report released by the Boston Fed last week found that home price depreciation is a leading cause of mortgage default, challenging common arguments that… Read More »Home Price Depreciation Leading Cause of Mortgage Default
It’s a relatively new business, but like any other, it’s been infiltrated by fraud and scams in no time at all. That’s a good thing… Read More »The Worst Loan Modification Companies
The California Association of Realtors has become the latest group to offer to make mortgage payments if you lose your job after purchasing a new… Read More »California Realtors Offer to Make Mortgage Payments
HSBC announced today it will close both its HFC and Beneficial units, resulting in thousands of layoffs. The consumer lending companies offer a number of… Read More »HSBC to Halt Lending, Shutter HFC and Beneficial
Sad news folks. On April 27, Bank of America will re-brand Countrywide Financial to “Bank of America Home Loans,” according to a report today in… Read More »Countrywide Name to be Retired in April
Equifirst announced today that effective immediately, it will be ceasing lending operations. Going forward, the Charlotte, North Carolina-based mortgage lender will no longer accept applications… Read More »Equifirst to Halt Lending Operations
While record numbers of foreclosures continue to wreak havoc on home prices and the economy as a whole, one unlikely group seems to be benefiting… Read More »Skaters Benefiting from Foreclosure Crisis
Another year, another word of the year tied to the ongoing mortgage crisis. Merriam-Webster unveiled its word of the year for 2008, selecting the term… Read More »Bailout is 2008 Word of the Year
Downey Savings was shut down late Friday by the FDIC on a busy day where two other banks were also seized. US Bank has agreed… Read More »Downey Savings Shut Down by FDIC
