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Baby boomers nearing retirement want to pay off their homes while they're still working. You can save a lot on interest – if you can afford the higher payment.
| Tags: | loans |
Bank of America pushed employees to deny loan modifications and lie to borrowers, ex-workers say, adding that they say they got bonuses for meeting foreclosure quotas.
| Tags: | foreclosuresloans |
With the robo-signing scandal resolved, lenders are moving to complete foreclosures. The foreclosure rate is highest in Florida.
| Tags: | foreclosuresloans |
A new analysis by Trulia finds that rates can rise substantially before renting becomes a better deal. But the numbers vary by city – and by individual.
New York attorney general accuses lender HSBC of violating state law and making it harder for borrowers to avoid foreclosure.
| Tags: | foreclosuresloans |
While the number of underwater homeowners has declined, many still don't have enough equity to sell. That's one reason so few homes are on the market.
Fannie Mae and Freddie Mac are asking loan servicers to consider delaying foreclosures, suspending payments or taking other action to help Oklahoma homeowners.
| Tags: | foreclosuresloans |
Yes, say the credit-reporting agencies, whose automated systems don't distinguish between the two processes. But some argue the two groups deserve different treatment.
| Tags: | foreclosuresloans |
About Teresa Mears
Teresa Mears is a veteran journalist who has been interested in houses since her father took her to tax auctions to carry the cash at age 10. A former editor of The Miami Herald's Home & Design section, she lives in South Florida where, in addition to writing about real estate, she publishes Miami on the Cheap to help her neighbors adjust to the loss of 60% of their property value.
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