An asset-backed securities (ABS) is a type of financial investment that is guaranteed by an underlying pool of assets. which generate a cash flow from debt
Forbearance under the CARES Act has been the biggest lifelines for homeowners during the pandemic, which left them with some cash for emergencies.
Even as the economic conditions are improving, the housing market situation seems to be dipping due to a shortage of housing supply and rising prices.
Today some of important mortgage rates dropped.
When a company owns, operates, or finances income-generating real estate then it is called a real estate investment trust REIT.
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said that the April jobs report highlights how far the US has to go in reviving its labor market.
In early May a letter was signed defining proposals that would reform Public Service Loan Forgiveness (PSLF).
Borrowers working in a qualified public service job for a required amount of time can take advantage of PSFL, which is a relief program that forgives federal student loan debt.
Millions of Americans need a financial bounce back to recover from the coronavirus pandemic so the D.C. Housing Finance Agency is offering The Homesaver
What Is ERISA (Employee Retirement Income Security Act)?
Today in this post let us look at various options and the steps to be taken when you are planning to refinance home equity loan
While More and more Millennials are struggling with their student loans and Boomers are looking for ways to cut down on their expenses, manufactured homes have captured the imaginations of the newer sect of Americans.
Important mortgage rates like the 30-year fixed and 15-year fixed mortgage rates grew. Also, the common type of variable-rate mortgage notched higher.
In normal conditions it takes close to 45 days, to close loans in 45 days, Joe Garza, an Arizona-based mortgage professional who is the owner of Olympus Home Loans can get his clients approved for a mortgage in as little as a days’ time.
Like the VA loans that are specifically for Veterans, there are loan programs specifically for doctors. These special loan programs for doctors that can help them buy a home are called Physician mortgage loans.
Most small businesses with 100 or fewer employees can use a retirement savings plan that is called a SIMPLE IRA
According to the Mortgage Bankers Association’s seasonally adjusted index, last week the mortgage loan applications fell 4% in comparison to the previous week.
Yet the volume was higher by 2% for the same week last year, when the housing market was raising its head up after the pandemic shut it down.
Now is the right time to tap into your home equity to finance a renovation or make a large purchase. In 2020 the amount of equity that borrowers could take out of their homes was at a record low.
Since many people go through the question should I refinance a mortgage? Let us understand if it is the right choice
April 2021 of Mortgage Bankers Association Builder Application Survey shows an increase of 30.8% in U.S. mortgage applications for new home purchases compared
In March 2020 the CARES Act was passed with a financial relief package of $2.2 trillion focusing on providing federal support for those affected by the
Satisfaction of Mortgage is a document that confirms a mortgage has been paid off and details the provisions for the transfer of collateral title rights
There are different types of debts like credit card debt, mortgage debt, student loan debt, or other things. So before repaying, know your debts and identify
According to the U.S. Bureau of Labor Statistics, last month in the United States, the average rate of a 30-year mortgage costs a bit more than 3 % because
The homeownership for low-income borrowers, Fannie Mae has introduced a program called – HomeReady Mortgage Program
A primary or initial loan obtained for a property is termed a first mortgage. A primary lien on the property is placed by the lender who funded the mortgage to buy a home.
If in case of default in payment this lien gives the lender the first right or claim on the home.
