And who could blame them…what with their entire financial system in complete disarray. The Greek situation is a mess, as you’ve probably heard. The government… Read More »The Greeks Aren’t Making Their Mortgage Payments
The Joint Center for Housing Studies of Harvard University released the 2015 edition of The State of the Nation’s Housing report this week and it… Read More »Harvard: Renting Is the New Buying, But It’s Unaffordable
Consider this common scenario. You really like a house and decide to make an offer. After winning a bidding war and perhaps paying a little… Read More »Realtor and Airbnb Team Up to Let People Try Before They Buy
A lot of folks I know who rent are still hot on the idea of homeownership, but it’s important not to overlook all the costs… Read More »Owning a Home Costs Nearly $10,000 a Year Not Including the Mortgage
If you’re wondering how difficult it is to enter the business of originating mortgages, just take a look at Discover. The credit card company turned… Read More »Discover to Halt Mortgage Lending
You know what the mortgage crisis needed more of? Adjustable-rate mortgages. Yep, we needed more loans with variable interest rates to both avoid such a… Read More »The Mortgage Crisis Needed More Adjustable Rate Mortgages
A family living in Sunset Heights, close to the center of Houston, Texas, is parting with their home for just $1. But in order to… Read More »You Can Buy a Nice House in Houston for $1
Since being introduced back in 2009, both and the Home Affordable Modification Program (HAMP) and the Home Affordable Refinance Program (HARP) have helped millions either… Read More »HARP and HAMP Receive Final Annual Extension, Probably
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
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
