Because of money from a lawsuit settlement, a state mortgage assistance program is being revived.

The Homeowners’ Emergency Mortgage Assistance Program is again offering help to struggling homeowners. It offers loans to those were not…

The start of the economic crisis in the year 2008 has lead to an increase in the number of households that are over-indebted on a constant basis.

While over-indebtedness is seldom brought about by a single factor,…

According to a survey conducted by the Federal Reserve this summer, approximately three out of five U.S. banks said that the demand for mortgage loans is increasing as the housing market becomes stable and mortgage rates decline…

According to Shirley Krohn, a member of the California Senior Legislature advocacy group, reverse mortgages are attracting a lot of people even when other types of loans are much better. As a result, the Consumer Financial Protection Bureau…

For a 30-year fixed mortgage, the average U.S. rate increased this week following the decreasing to its record lows in the last four weeks.

According to mortgage buyer Freddie Mac last Thursday, the rate on the 30-year…

Based on the information from Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, there was an increase in the mortgage application by 0.2 percent last week.

The Market Composite Index, which is a gauge of the number of mortgage…

On Tuesday, the regulator of Fannie Mae and Freddie Mac declared that they are planning not to forgive a part of the principal on delinquent mortgage loans they guarantee. In spite…

Because the housing market and mortgage financing industry is still suffering from stress, a satellite office that will provide assistance to homeowners wanting to avoid foreclosure has been opened by Fannie Mae.

The satellite office is…

Although banks are reducing the cost of mortgage rates, experts say that the majority of these are aimed at lower-risk borrowers who are capable of making a large down payment.

Last Tuesday, the…

For the month of June, repayments of housing loans exceeded new lending for the first time since the same period of the previous year. Consequently, there was an increase in total lending to individuals by £0.3bn, which is the…