Banks Are Abandoning Small Mortgages, Pushing Customers To Risky, Poorly Regulated Alternatives
Banks are abandoning the small-mortgage market, leaving customers to navigate risky alternatives that could leave them homeless or in debt....
home mortgages
Is Owning Your Own Home Still Ideal?
Economic conditions may be driving more Americans to choose tenancy over the American dream of home ownership....
Foreclosing as a Financial Strategy
Fannie Mae recently announced that it would penalize borrowers who purposely forego their home loan payments and go into default—even when they can afford them—because...
What Fannie’s and Freddie’s Delisting Means for Investors, Homeowners
With embattled mortgage purchasers Fannie Mae and Freddie Mac announcing plans to delist Wednesday, investors who took a chance on the now government-backed companies are...
You Better Shop Around
Some 92% of homebuyers finance their purchase with a mortgage, according to the National Association of Realtors. Yet only 8% of buyers started their house...
Bank of America Offers Bailout
If you have a mortgage with Bank of America, and you owe more on your loan than your home is now worth, some relief could...