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What is loss mitigation?
Bankrate via Yahoo Finance· 3 months agoKey takeaways Loss mitigation is a way for mortgage lenders to help borrowers who are struggling to make their monthly payments avoid losing their homes....
Mortgage lender vs. servicer: What’s the difference?
Bankrate via AOL· 6 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...
Pandemic mortgage forbearance draws to a close, but new relief options emerge
Bankrate via AOL· 3 months agoThe fadeout of the COVID-19 pandemic brings to an end a generous mortgage forbearance program...
Mortgage forbearance: What is it and how does it work?
Bankrate via Yahoo Finance· 9 months agoKey takeaways Mortgage forbearance allows homeowners to pause or reduce mortgage payments during a...
Can 40-year mortgages solve housing affordability?
Yahoo Money· 2 years agoAs many homebuyers buckle under affordability obstacles worsened by rapidly rising mortgage rates, could a 40-year mortgage make American homeownership...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 2 months agoKey takeaways Loan modifications are a long-term mortgage relief option for borrowers experiencing...
CFPB takes action to stop illegal junk fees in mortgage servicing
Retail Banker International via Yahoo Finance· 2 months agoThe Consumer Financial Protection Bureau (CFPB) is ramping up its efforts to combat junk fees...
What is a deed in lieu of foreclosure?
Bankrate via AOL· 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...
Foreclosures are rising, but it’s not yet alarming
HousingWire via Yahoo Finance· 2 months agoThe real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures...
Loan modification vs. refinance: Which option is best for you?
Bankrate via Yahoo Finance· 2 months agoKey takeaways If you're seeking more affordable mortgage payments, a loan modification or refinance...