For most prospective investors or residential buyers, the route to a mortgage loan typically begins with a bank or credit union – the tried and true way to finance a property purchase. But as the loan process becomes more complex and buyers with iffy credit remain...
In recent posts we’ve taken a look at the looming crisis of out of control student debt – a burden that many new and recent college graduates must shoulder for much, if not all, of their working lives – and which has a ripple effect in other areas of the economy as...
Record low mortgage rates may still be dominating the mortgage market, but new changes in FHA financing rules may end up making it more expensive to finance or refinance a property purchase in the coming months. Those changes, spurred by a shortfall in funds for...
If Nigerian money transfers and fake refinancing promotions weren’t enough, scammers keep coming up with still more ways to defraud and otherwise take advantage of unwary or struggling homeowners and income property investors. Now, new warnings about real estate...
It’s been nearly four years since a group of the nation’s largest mortgage lenders agreed to a settlement in lawsuits charging them with fraud, wrongful evictions and other abuses in the “robosigning” scandal of 2008-9. Now, according to a New York Times update,...
