The Consumer Financial Protection Bureau said Wednesday that it is considering a new set of rules that will focus on mortgage points and fees, the current complexity of which can make it difficult for home buyers to assess different loan offers. Read the full story [Read More]
The Consumer Financial Protection Bureau said Wednesday that it is considering a new set of rules that will focus on mortgage points and fees, the current complexity of which can make it difficult for home buyers to assess different loan offers.
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Changes to streamline the Home Affordable Refinance Program are helping some underwater homeowners get lower-interest loans. Those still-above-market rates, meanwhile, are boosting banks’ profits. Read the full story [Read More]
Changes to streamline the Home Affordable Refinance Program are helping some underwater homeowners get lower-interest loans. Those still-above-market rates, meanwhile, are boosting banks’ profits.
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In the latest bid to help homeowners hit by the housing crash, Freddie Mac is set to drop a fee associated with refinancing deeply underwater loans.. Read the full story [Read More]
In the latest bid to help homeowners hit by the housing crash, Freddie Mac is set to drop a fee associated with refinancing deeply underwater loans..
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As part of a foreclosure-abuse settlement, Bank of America has started notifying about 200,000 borrowers that they may qualify for reductions of as much as $100,000 on their mortgage balances. Read the full story [Read More]
As part of a foreclosure-abuse settlement, Bank of America has started notifying about 200,000 borrowers that they may qualify for reductions of as much as $100,000 on their mortgage balances.
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