It’s been one of the most vexing problems of the mortgage crisis: Do policies to restructure loans for underwater borrowers encourage homeowners who don’t need help to default?
March 15, 2017If you’re familiar with the real estate market, you’ve likely heard the term ‘refinancing’ and may be wondering what this can mean for your mortgage and your financial well-being. While refinancing can be a great benefit for those who are looking for a lower interest rate or a different mortgage type, here are the details on what it can offer and whether or not it will work for youAcquiring A Lower Interest RateThe most common reason people consider…
For the third quarter of 2018, banks reported easing their standards on most categories of residential real estate loans, even while experiencing weaker demand for the products overall.
These shorter mortgages are more popular than ever. See if one will fit your needs.
Check out our new infographic about what Washington residents should do if they have trouble making their monthly mortgage payment. Please...
Avant Money has brought fresh competition to the Irish lending market
Residential Lending's Thomas Frank Knows a 5 word phrase that you will never hear a mortgage servicer say, and that's bad news for most of the mortgage refin...
Maybe it’s the proximity to Disney’s Magic Kingdom, but at the Mortgage Bankers Association tech conference in Orlando this week I couldn’t help remembering futurist Arthur C. Clark’s third law of technology that says, ‘‘Any sufficiently advanced technology is indistinguishable from magic.” But can technology magically solve the industry’s compliance challenges?
When applying for a home loan, it’s important to keep in mind how much monthly mortgage you ca...