mortgage financing - Articles

Foreclosure Settlement: Ocwen Agrees to $2 Billion in Mortgage Relief

AP By Marcy Gordon WASHINGTON -- Ocwen Financial Corp. will reduce struggling borrowers' loan balances by $2 billion in an agreement with federal regulators and 49 states over foreclosure abuses. The Consumer Financial Protection Bureau and state attorneys general announced the deal Thursday with the Atlanta-based... Continue Reading »

Escrow -- It's What Happens After Your Homebuying Offer Is Accepted

So the past few months you've shopped properties, submitted offers on many and gotten your hopes up -- only to be let down. But you haven't given up, and finally you get the call from your real estate agent: Your latest offer has been accepted! You might think it's the end of the road to property ownership. But really,... Continue Reading »

Mortgage Payments on a Credit Card: Is it a Good Idea?

Sometimes consumers face significant financial emergencies that they cannot avoid, such as medical problems or car trouble that can take a huge chunk out of their monthly budget. The result of these financial difficulties can be that, at the end of the month, they simply might not have enough money on hand to pay their... Continue Reading »

Home Sellers Step In Where Banks Fear to Tread

Beautiful homes at rock bottom prices are a dime a dozen in today's real estate market. The only problem is you can't get a bank to lend you the dime to buy them. Continue Reading »

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