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Residential Credit Solutions says it faces no charges of wrongdoing "and has not been accused of fraud."
A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a

Administration To Extend Homeowner Aid Program

Posted by mortgage 115 days ago (Editorial)
The U.S. Treasury Department announced Friday it would extend the Obama administration's Home Affordable Mortgage Program another year through Dec. 31, 2013, in an effort to help struggling homeowners stay in their homes. The program, now set to expire
Force-placed insurance can cost as much as 10 percent of a home's value.

First-time homeowner, first-time mortgage

Posted by mortgage 255 days ago (Editorial)
Prospective homebuyers have several decisions to make before becoming homeowners, including where to live, what type of home to buy and how to finance the purchase with a first mortgage . One of the first steps every renter should take, even before looking at property, is to consult with a reputable lender.

Popular Homeowner Tax Deduction Under Fire

Posted by mortgage 313 days ago (Editorial)
The popular tax deduction for home mortgage interest has come under fire again as politicians tasked with bridging an enormous budget gap puzzle over how the country can make ends meet. Nearly 40 million ...
Wake up and good morning . Few things are more universally frustrating these days than dealing with a big bank on a housing or mortgage issue. I can't tell you how many daily horror stories I hear about a home owner trying to communicate with a bank over a short sale, a mortgage modification or any other related financial detail related to the housing market. If folks are lucky, callers get a ...

3 reasons every homeowner needs title insurance

Posted by mortgage 384 days ago (Editorial)
Title insurance is one of the more expensive elements of a home purchase or mortgage refinance, and everyone hates paying for it. Some folks even argue that in today's age of computer-stored

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Mortgage How to Get is an informational resource about mortgage news and information.