Risky mortgages back 10 weeks after dramatic crash
Non-traditional, non-qualified mortgages are back with higher prices and standards.
It was all the rage before coronavirus.
Mortgage lenders were funding deals that allowed everything from just listing liquid assets on the mortgage application with employment information...
7 Myths About Foreclosure -- There's Good News!
The idea of your home getting foreclosed on can send a chill up your spine. It's understandable. Thinking that a bank shuts you out of your home with ruined credit is an awful thought.
But here's the reality check: Not everything that you've heard about foreclosing is true. Here are...
Tips for Investing in Real Estate During A Recession
For real estate investors, waiting for the market to stabilize is usually the way to go. But considering the current pandemic, stabilizing could take some time. And with so much real estate opportunity on the horizon (and currently), waiting may not be something you want to do.
Wraparound mortgages can help home sellers boost their prices
With rates below 3%, these seller-financed loans can be a boon for buyers with bad credit and a money-maker for sellers. But they also can be risky.
April numbers are beyond horrifying.
An astounding 3.6 million homeowners were past due in April, an increase of 1.6 million since March. At 6.5%...