Mortgage

Deed in lieu of foreclosure is a process in which you give away your property to the lender because you aren’t able to pay any more.

According to figures from HUD, the current fiscal year, ending in September, has seen a rapid rise in reverse mortgage scams; 29 cases of suspected fraud were referred to the OIG in comparison to two the year before.

FHA-insured loans are an incentive because they require small cash investment to close a loan and they have less rigorous requirements.

You should avoid organizations that charge you a hefty fee to help you modify your loan, as many of them are scams.

Imagine you need to pay for something big, like your kid’s college tuition or unexpected hospital bills.

Even though many housing-related terms are constantly thrown around in the media and popular usage, very few people actually understand what they mean.

Adjustable rate mortgages have received much negative attention recently with the U.S. housing crisis.

The department of Veteran’s Affairs manages an extensive benefit program that makes it easier for those who have served in the armed forces.

The Federal Housing Administration (FHA) was established to provide mortgage insurance on loans.

A reverse mortgage, reverse annuity mortgage, or home equity conversion is unlike a traditional mortgage.