Mortgage Forbearance

CARES Act Still Providing Mortgage Relief For Those Struggling To Make Payments

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Thousands of families are dealing with new hardships during the pandemic, right from having the trouble to put food on the table, to the fear of losing their home COVID-19 has created turbulence in millions of lives. But to alleviateContinue Reading

Do You See Dark Clouds Or Silver Lining This Thanksgiving?

By: Amanda Byford

In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 2nd, 2021 at 05:55 pmCoronavirus pandemic devastated every industry in the world but it did not dampen the spirit of America and American. This Thanksgiving we all have something to be thankful for that has madeContinue Reading

After facing losses due to forbearance Fannie Mae and Freddie Mac Third-Quarter Earnings Rise

By: Amanda Byford

In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 11:57 amFannie Mae and Freddie Mac, the Federally backed mortgage giants reported improved earnings in the third quarter, as record-low interest rates powered a refinancing boom that stimulated this result. The earnings are the latestContinue Reading

New Report Shows 18% Drop Forbearance Mortgages

By: Amanda Byford

In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 11:42 amThe active forbearance mortgage program saw 18% of its pandemic-related members struggling with paying their home mortgages leave the program, which is 649K mortgages overall. As of October 6th, 2.97 million mortgages in theContinue Reading

Struggling Homeowners Still Have The Option Mortgage Forbearance

By: Amanda Byford

In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 11:10 amWith millions of Americans unemployed and unable to pay their mortgages, new guidance on mortgage loan relief and low-interest-rate financing have been worked on by Boston based American Consumer Credit Counseling. The initialContinue Reading

Guidance Provided HUD On Making FHA Loans To Borrowers With Forbearances

By: Amanda Byford

In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 11:06 amOn 10th September 2020, a guidance was provided by the U.S. Department of Housing and Urban Development (HUD), in the form of a Mortgagee Letter 2020-30, on the underwriting of applicants for FHA insuredContinue Reading

Faced With Mortgage Troubles Owners Of Mall Of America Enter Into Forbearance Agreement

By: Amanda Byford

In: Mortgage News, Refinance News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 2nd, 2021 at 06:22 pmCanadian conglomerate Triple Five Group – The Ghermezians- Owners of Mall of America are taking steps to keep their doors open with troubles associated with the coronavirus pandemic still lurking. They have entered a forbearance agreementContinue Reading

6 Banks Helping Homeowners With Their Mortgage Payments

By: Amanda Byford

In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 2nd, 2021 at 06:19 pmBlessed are we to be in a Country that introduces various schemes during these testing times. Because of the CARES Act legislation which was passed in late March, many homeowners are legally entitled toContinue Reading