The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis
Fannie Mae and Freddie Mac, the companies that federally insure the majority of the nation’s mortgages, are relaxing their FICO score requirements, sometimes as low as 620.
By Jim Donovan: Are you in the market for a new home? Or maybe you’re thinking of refinancing the home loan you already have? If so, mortgage closing costs are on the rise. According to […]
How will these new rules impact you down the road? 3 O Your Side consumer reporter Jim Donovan takes a look.
Ever since the Great recession began, a lot of us have been paying off existing debt and avoiding getting any new loans, but an investment specialist says too many people are too hot or too cold on something that needs to be just right.
By Jim Donovan: Delaware homeowners who are behind on mortgage payments, face foreclosure, or have questions about their mortgage can meet face-to-face with six of the nation’s largest mortgage lenders at free housing workshops next […]
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Often desperate times call for desperate measures, but before you shell out money to a company to help save your home, 3 On Your Side Consumer Reporter Jim Donovan has a warning for you.
Having problems paying your mortgage? Some new rules have been announced by the federal government to protect homeowners from foreclosure. 3 On Your Side Consumer Reporter Jim Donovan takes a look at some of them, and explains what they mean for borrowers.
New federal rules were announced Thursday, designed to protect consumers from taking out home loans that they can’t afford.
3 On Your Side Consumer Reporter Jim Donovan tells us about the big settlements reached today between some national banks and the federal government.
Now on sale in aisle one, eggs, milk, bread, and a mortgage! With today’s consumers feeling more comfortable shopping for financial products outside of a traditional bank, a growing number of retailers are stepping up their game.
By Jim Donovan: Delaware Attorney General Beau Biden announced today that several of the nation’s largest mortgage lenders will participate in workshops his office is organizing next week to help Delawareans at risk of losing […]
While the market continues to show signs of improvement, Philadelphia’s recovery is lagging behind, according to a new Zillow Real Estate Market Report.
By Jim Donovan: Are you or someone you know facing foreclosure or having trouble paying the mortage? Tonight, Tuesday October 23rd, the Burlington County Board of Chosen Freeholders will be sponsoring a Mortgage Foreclosure Forum […]