Articles, tagged with "department of housing and urban development", page 1

A Closer Look at the Reverse Mortgage Purchase Program

Before early 2009, seniors were selling their homes, purchasing new properties, and then taking reverse mortgages. This was a long and often expensive process. To accomplish this, seniors were forced to get two separate loans. Not only did they have to se... Read >
Author: Abby Reynolds

How a Reverse Mortgage Works

A reverse mortgage is a loan that converts a portion of the equity in one’s home into cash. To qualify for a reverse mortgage, borrowers must be at least 62 years of age, own an approved property, and have little to no remaining mortgage balance. Borrow... Read >
Author: Abby Reynolds

Reverse Mortgage FAQ: Answers to Consumer’s Most Important Questions

By now, most adult consumers have at least heard of a reverse mortgage. Many also know that these loans are a way for retired adults to withdraw a portion of the equity in their homes. Still, the specifics of these loans often leave consumers with many ... Read >
Author: Abby Reynolds

Fraud Home Mortgage

Prosecutors sued a large U.S. mortgage broker and two top executives for an alleged decade-long fraud that cost the government hundreds of millions of dollars on risky dwelling loans. The lawsuit seeks triple unit and civil fines against Allied Home M... Read >
Author: Marcel vit

Reverse Mortgage Information: Are Reverse Mortgages in Danger?

In February 2011, Bank of America made the decision to stop offering reverse mortgages to their borrowers.  A few months later, Wells Fargo and SunTrust followed suit.  These lenders made their decision after reverse mortgages failed to bring in profits c... Read >
Author: Brittney Parks

Financial Avenues for Single Parents

Besides the Pell Grant, which is available to single moms who need to stay home and look after her kids, and also want to further her studies to obtain a degree, there are a number of programs that may assist low-income, one-parent families in reducing ho... Read >
Author: PieterWest

Unknown Legal Terms about Avoiding Foreclosure

In case you’re having trouble keeping up with your mortgage costs or you received a notice from your lender asking you to contact them, you must not ignore those letters and contact him immediately. However, if you’re unable to make your mortgage pay... Read >
Author: ClaytonFitzpatrick

Free Ways to Find Lost Money

There is currently billions in the form of unclaimed money sitting with the government. Most of the people amongst us do not have any idea about the vast pile of lost money that belongs to them. According to the reports released by the State Treasuries, o... Read >
Author: cashunclaimed10

How To Obtain HOme Improvement Loans

Most of us would love to add a new sparkle to our old homes but are not able to carry out the wish because of lack of funds. For such people who would like to improve their homes, they can take advantage of the special home improvement grants which are av... Read >
Author: B Ritchie

HUD-compliant Prefabricated Homes for First Time Buyers

For any individual, buying a home is one of the biggest purchases and it becomes even more important if the home is his or her first. Property is an asset for all people based across the world, but in today's time, when cost of living in increasing dramat... Read >
Author: Victor Ben

Grants for Single Parent Families

For years, there has been a rapid increase in the number of single parents, and single parent families face challenging times, especially those families that have children to bring up and support. Since the economy these days is also undergoing a financia... Read >
Author: PieterWest

Single Parent Grants to Help the Family Survive Tough Times

There are many federal grants for single parents. Such single parent grants include housing, education, hospitalization, welfare, and even business grants. These opportunities provide single parents the chance to have a less burdensome life especially in ... Read >
Author: PieterWest

Manufactured Homes: It's Time to Get Realistic

With change in technology, the lifestyle of people has also undergone drastic changes. People are more inclined towards making use of modern innovative technology for making their life better. One such change is the shift from traditionally-built homes to... Read >
Author: Victor Ben

Bank Foreclosure vs. Government Foreclosure

The government agencies like the Department of Veterans Affairs and the Department of Housing and Urban Development act as guarantors for people to buy a home. In case the homeowner defaults, the lender will inform these agencies and turn these homes as t... Read >
Author: sonnix

What Are Some FHA Loan Guidelines?

Would you like to know the FHA loan guidelines? For many people, they think FHA loans are hard to get. However, you may find that an FHA loan is easier to obtain than a conventional loan these days. The Department of Housing and Urban Development o... Read >
Author: Jeffrey S. Ragan

User published content is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License