FHA Now has Highest Delinquency

Federal Housing Administration mortgages — the affordable path to homeownership — now have the highest #delinquency rate in 4 decades.  The share of late #FHA loans rose to 16% in the second quarter. #Conventional loans delinquent were 6.7%. need help https://www.wrongfullyforeclosed.com/

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ResourceShark™

Looking for Anything? ResourceShark™ is a global online directory with platforms of both local and global listings. Check us out.

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Highest Foreclosure Rate in Nation

Before the cry for foreclosures to be halted, and some of them will be frozen, but not all, where are most of the foreclosures happening in the United States? As housing has slowly healed from the great recession, one state still lags behind the others.  New Jersey’s foreclosure rate dropped along with the rest of…

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Facing Foreclosure? Get Representation.

If you are facing foreclosure, being home may be the hardest place to relax.  Hiring a foreclosure lawyer means you do not have to face the harassment of lender calls or eviction  threats alone.  Get connected to an experienced attorney in your jurisdiction. Be represented by a lawyer who knows the process and the best…

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Protecting your Home

Your home should be your shelter, especially today.  Is your home ownership at risk due to threat of foreclosure?  A mortgage note is a legally binding contract, but sometimes it needs to be renegotiated.  IF you have defaulted or face default on your mortgage because your income level has changed, or an unexpected expense put…

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Surprising Facts About Independent Mortgage Brokers

True or False: Independent Mortgage Brokers Can Offer Realtors and Brokers Better Service than Big Lenders. TRUE: According to Housingwire.com, Independent mortgage brokers are cheaper, faster and offer better customer service.  Below are some of the misconceptions and the explanation of why they may be totally wrong today. True or False: Independent Mortgage Brokers Have…

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Refinance to Show Your Home Some Love

As Home Prices continue rising, homeowners may decide to love their existing homes.  If you have set aside the funds for this, great! If not, a home refinance might be a great option.  When the home renovation you want to do will improve the value of your home, such as kitchen, bathroom and en suite…

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FHFA Structural Changes

FHFA structural changes to Release GSE’s from Conservatorship Mortgages. Love ‘em or hate ‘em, but unless you have incredible liquidity, you need a mortgage to buy a home.  In 2008, because so many Americans had begun using their homes as their personal ATM, the financial industry was destabilized, and Fannie Mae and Freddie Mac went…

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