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Fannie Mae vs. Freddie Mac: What’s the difference?
Bankrate via Yahoo Finance· 8 months agoAs you explore your mortgage options, you’re likely to come across two names: Fannie Mae and Freddie Mac. Although you won’t directly get a home loan...
Flex Modification Program (FMP): Everything you need to know
Bankrate via AOL· 4 months agoKey takeaways The Flex Modification program helps homeowners experiencing financial hardship to...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 1 month agoKey takeaways Loan modifications are a long-term mortgage relief option for borrowers experiencing...
Repaying your mortgage after forbearance
Bankrate via Yahoo Finance· 9 months agoForbearance is an arrangement in which your mortgage lender allows you to pause payments because of financial hardship. When that temporary break ends,...
What is a deed in lieu of foreclosure?
Bankrate via Yahoo Finance· 3 months agoKey takeaways A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less...
Why This Housing Downturn Isn't Like 2008
Benzinga via Yahoo Finance· 1 year agoPrior to the 2008 financial crisis, lenders paid little attention to verifying the income of mortgage applicants. This contributed to the widespread loan...
6 Tips for First-Time Homebuyers Entering the Market Closer to Retirement Age
GoBankingRates via AOL· 11 months agoAmericans are waiting longer to buy their first homes. According to a report from the National...
Home foreclosures rising in NH. Here's why and solutions advocates are seeking.
Portsmouth Herald via Yahoo News· 10 months agoIn the years after COVID-19 arrived, foreclosures in New Hampshire dropped. That was intentional: The federal government imposed a moratorium preventing lenders from carrying out foreclosures ...