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Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 2 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
What is a mortgagee clause?
Bankrate via Yahoo Finance· 3 months agoKey takeaways Many mortgage lenders require borrowers to have a homeowners insurance policy with a mortgagee clause. The mortgagee clause is a provision...
Iowa insurers cut roof coverage, leaving customers with big bills and jeopardizing mortgages
The Des Moines Register via Yahoo Finance· 7 hours agoAfter years of waiting, Vadim Shapiro finally got his new roof. He got a large bill, too. Shapiro,...
Escrow accounts are common among mortgage lenders. Here’s how they work
Fortune via Yahoo Finance· 2 years agoMore than 85% of American homebuyers finance their purchase with a mortgage. In most cases, the...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 1 month agoKey takeaways An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan....
The CFPB is going after ‘junk fees’ mortgage lenders charge at closing. This could get ugly
HousingWire via Yahoo Finance· 3 months agoThe Consumer Financial Protection Bureau (CFPB) will be closely scrutinizing what it described as...
In debate over mortgage ‘junk’ fees, lenders and regulators disagree
Bankrate via AOL· 1 month agoWhat to know The federal government is taking a closer look at mortgage fees, including discount...
HFA loans: Everything you need to know
Bankrate via Yahoo Finance· 2 months agoKey takeaways HFA loans are mortgages available solely through state housing finance agencies. Geared toward first-time and low- to moderate-income...
Mortgage Servicing Rights (MSR)
SmartAsset via Yahoo Finance· 2 years agoMortgage servicing rights (MSR) allow a third party to perform the day-to-day mortgage servicing duties in exchange for a flat fee, paid by the loan...
BofA's test loan program isn't the only way to buy a house without a down payment — here's how
MoneyWise via Yahoo Finance· 2 years agoThe biggest obstacle for many first-time homebuyers is coming up with the cash for a down payment....
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