Struggling homeowners who are at risk of losing their home to foreclosure have virtually no option but to apply for a loan modification from the bank. This time consuming and frustrating process has helped some homeowners keep their investment, but has been nothing more than a wasted inquiry for the majority of applicants. This disparity [...]

Further legislation to create more transparency in lending goes into effect today. Named the Disclosure Improvement Act, and part of the Housing and Economic Recovery Act (HERA), the new rules mean the days of walk-in walk-out loans are gone. While the new legistlation will act as protection for borrowers, it also has the potential to slow down [...]

As interest rates on adjustable mortgages continue to increase, the number of homeowners finding themselves in a tight spot also rises. The equity that was supposed to insulate those homeowners from losing their home has been lost as home values decreased rapidly. Although the government, along with many companies and non-profit groups, have reached out [...]

If you are looking to buy a home, you could qualify for a $8,000 First-Time Home Buyer Tax Credit…