A homestead tax exemption can offer major benefits if you are facing financial hardship such as an illness, loss of your home, or the death of your spouse. What Is A Homestead Exemption? When a portion of your property’s assessedContinue Reading
A motion was filed against PHH Mortgage and its predecessor Ocwen Loan Servicing by a coalition of 33 state attorneys general for allegedly charging unlawful servicing fees to nearly 1 million borrowers. New York’s Letitia James and Minnesota’s Keith EllisonContinue Reading
Last year April Fannie Mae started to finance new energy-efficient homes so it reaches a critical mass. Fannie announced last week that it has securitized $111 million till now and established a regular schedule for the issuance of the bonds.Continue Reading
The housing market has thrived even during the global pandemic which shook the economic foundation of the country. In 2020 alone the VA loan program originated a record 1.2 million loans. It was at 624,544 in 2019. Chris Birk, ViceContinue Reading
Last updated on February 4th, 2021 at 05:29 pmBiden administration’s proposal of a $15000 first time homebuyers tax credit is being kept a close eye by the housing industry. The buyer could access the funds immediately at the closing tableContinue Reading
Last updated on January 29th, 2021 at 03:09 pmDuring the week ending January 22, there was a significant pull-back in the volume of mortgage applications. In two of the three full weeks of the new year, the volume has beenContinue Reading
Since the mortgage rates are so remarkably low, it must have ignited a desire in you to buy a home. But if you don’t have enough savings for a down payment let us look at your possibilities to get approvedContinue Reading
The new Housing Equity Fund of Amazon is investing in moderate- to low-income housing around the cities of Seattle, Nashville, and Arlington, Virginia, and they are expecting to have a minimum of 5,000 employees each. Jeff Bezos, Amazon’s founder, andContinue Reading
The demand for home buying, triggered by the coronavirus pandemic, is slowly easing up. Though mortgage rates are floating near record lows, home-buyers are experiencing stunned by today’s overheated housing market. According to the Mortgage Bankers Association seasonally adjusted index,Continue Reading
You might be starting to get your finances back if you had a bankruptcy discharged in the recent past. If you are thinking about buying a house then it is possible to purchase a home after a chapter 7 bankruptcyContinue Reading
