In today’s economy, many people are considering second or third mortgages on their home. This can be risky and generally not advised for anyone who intends to use the money from the additional loans to float the payments on...
Many people have been forced into bankruptcy or ended up in foreclosure over mortgage debt troubles in recent years. As more people began to seek help problems in lending practices arose, causing further trouble for...
Lending giants Fannie Mae and Freddie Mac have had their fair share of the spotlight in recent months. As the mortgage crisis struck in 2008, both of these companies took a huge hit profitability. When the foreclosure crisis...
There are numerous reasons that people end up in mortgage debt. Job loss, medical illness, divorce or simply failing to plan a mortgage correctly can all lead to problems with maintaining a mortgage payment. Avoiding...
The mortgage industry is a bit bleak at the moment and the need for change is obvious. Despite differing opinions as to how the market is best served for recovery, we can all agree that recovery is going to take time and a...
