Apr 15th 2013 1:00PM
By Scott Sheldon Want to be 100 percent responsible for someone else's obligation? Then co-sign for them on a mortgage -- and you'll be just as responsible for repaying the obligation as they are, even though you are co-signing to simply help the other party. When you co-sign on a big-ticket item like a mortgage, you are... Continue Reading »
Mar 19th 2013 10:00AM
By Scott Sheldon Despite the technical rigors of qualifying for a loan today, there is something more ominous lurking in all mortgage applications that most consumers wouldn't think twice about. Specifically, we're talking about the eligible funds for the mortgage transaction. You might have the money in the bank, but it... Continue Reading »
Jan 9th 2013 11:20AM
By Chris Birk Left out in the cold by a tight lending climate, prospective homebuyers are finally starting to see a thaw. Fifty-one percent of respondents to the latest Fannie Mae National Housing Survey indicated it's now likely easier to secure a mortgage. That latest burst of confidence could help keep the housing... Continue Reading »
Jul 2nd 2012 3:00PM
By Christopher Maag Five years into the housing crisis, many Americans are still saddled with homes they cannot afford. Close to 16 million people, or nearly 30 percent of borrowers, owe more on their mortgages than their homes are actually worth, according to Zillow.com, an online real estate marketplace. On average,... Continue Reading »
Jan 25th 2011 11:10AM
When the foreclosure guru founder of Foreclosures.com fell behind in her mortgage payments and found herself to be hurtling down the road toward foreclosure, she did what any American would: She weighed her alternatives. "I am like any other person [facing] something most of America has gone through or is going through as... Continue Reading »
