Home Equity Conversion Mortgage program (HECM) will be revised with some changes and may come into effect in the month of October. Federal Housing Administration (FHA) will receive new changes from the House and the U.S. Senate that may go into effect from 1st October 2013.
Home finance write-offs year-to-date in July 2013 dropped by 22% this year and it is also being termed as the highest drop since 2007 according to a report from Equifax. The Chief Economist, Amy Crews Cutts, of Equifax has quoted, “Only two major consumer credit
It is absolutely okay if you haven’t filed your tax returns in the last several years and now want to enter the tax system safely. “It is better late than never” and IRS believes this phrase. That is why they are allowing people to enter
Independent Foreclosure Review Settlement has seen about 3 million people cashing or depositing $2.6 billion+ in checks. The regulators were eyeing on finalizing the settlement by the end of summer. It went on as a mass mailing that was under a massive deal with 13
2013 has been a year of recovery for the housing industry and the nation is praising it for the same. The housing recovery has been quite a relief for everyone and homebuyers are seemingly becoming confident for buying homes. If we look at the records