The program had been scheduled to end Sept. 30, but the FHFA says more than 143,000 homeowners could still benefit from it
NAR’s chief economist says a recent decrease in mortgage rates is helping homebuyers with affordability concerns
California, which has been called the “epicenter” of the foreclosure and mortgage crisis by Attorney General Kamala Harris, was one of the states hardest hit by the economic meltdown and real estate crash brought on by the latest financial crisis. According to a recent report, in 2011, seven of the nation’s ten cities hardest hit by foreclosure were in California.
Strategic default, the questionable practice of walking away from a mortgage that no longer makes economic sense from an equity point of view, would be an acceptable option to 68 million Americans.
(NAR) Recently released government data for 2011 from the Home Mortgage Disclosure Act (HMDA) shows just how tight mortgage credit has been.
There is nothing more important to Realtors than the relationships that enable a smooth transaction. Yes, the Realtor, lender, title and appraisers, inspectors, attorneys – and the ever-unpredictable consumer.