Home Loans

I know I'll get slammed for this one...

I keep hearing people say that there should be no bailouts for the people losing their homes. I get the impression that a lot of individuals want to stand around pointing their fingers at their neighbors saying "I told you so" as their furniture is tossed out to the curb.

Home foreclosures-who owns the loan?

One of the more recent methods lawyers have used to forestall foreclosures has been the 'Show me the note' strategy.

Should I Stay or Should I Go?

With millions of Americans facing financial hardship and difficulty making their mortgage payments, there comes a time when a homeowner has to decide whether they should continue to make their mortgage payments and burn up their reserves or stop making the payments and conserve t …

Complaints: FICO Scores Drop Over 100 Points After Sallie Mae Recode, Potentially Millions Affected

Consumers are complaining that a change in how Sallie Mae decided to recode some loans caused their credit score to drop by over a hundred points. That's enough to make a $93,240 difference in a home loan's total cost. Here's what happened.

Fixed Mortgage, Is it the best deal?

Nice article

Foreclosure solutions won't be easy

With some two million homeowners facing higher monthly payments that many won’t be able to afford, conditions in the housing industry easily could get worse before they get better. A lot depends on how homeowners, lenders and investors respond as they try to head off defaults and foreclosures before they happen.

Blacks suffer most in U.S. foreclosure surge

...Blacks 3.8 times more likely than whites to receive a higher-cost home loan