HUD Secretary Julian Castro Determined to Increase Homeownership for Blacks
HUD Secretary Julian Castro pictured right When Housing and Urban Development Secretary Julian Castro was growing up in San Antonio, many of his friends...
loan modification
Infographic: Housing Counseling Could Make Your Dream a Reality
If you're thinking of purchasing a home or modifying an existing mortgage, a housing counselor can help....
New Hope for Mortgage Relief
Because of the complexity of the mortgage market and the agreement, which will be executed over a three-year period, borrowers will not know right away...
New Software Helps Homeowners Avoid Foreclosure
The Home Affordable Modification Program (HAMP) was created to help struggling homeowners keep their homes out of foreclosure. Desktop software developed by Stephfan Nurse, CEO...
Make Your Mortgage Affordable
Kimberly Whitehead was just a week shy of seeing her foreclosed one-bedroom condominium in Atlanta auctioned off when she received a modification on her mortgage....
Your House is a Home—Not an ATM
The nation may be in recovery mode but millions are still stuck in a financial quagmire. Over the past few years, far too many were...
Don’t Walk Away
Until recently, owning a home was the wealth-building move. These days, many homeowners are contending with more mortgage than the home is worth, joblessness, and...
Bank of America Offers Bailout to Homeowners
If you have a mortgage with Bank of America, and you’re extremely underwater, you just might be in luck. Bank of America has announced plans...
Money Matters: Should I Ditch My Home?
I don’t have equity in the home I bought three years ago. When is it time to ditch a house, even if you are current...
For Loan Modification, Don’t Fall Behind
When Jamie Arthur heard about President Barack Obama’s Making Home Affordable plan, a sense of relief overcame the Pennsylvania resident. While she wasn’t in foreclosure,...