Posts with tag HAUP

Are You Likely to Walk Away From Your Mortgage?

Do borrowers who decide to walk away from their mortgages by choice share certain characteristics? The answer appears to be yes. A leading credit bureau partnered with a management consulting firm to figure out who is strategically defaulting and how lenders can get a better handle on risky borrowers. Experian and Oliver... Continue Reading »

HAMP Help for Unemployed Homeowners

Are you unemployed and trying to find a way to keep your home? As of July, help is available from the Home Affordable Unemployment Program (HAUP). If you qualify for the program your mortgage payment could be suspended or reduced, depending on your financial situation. Here are the basic eligibility requirements for... Continue Reading »

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