A new program issued by the Federal Housing Administration (FHA) requires lenders to reduce the principal by at least 10% for qualified borrowers. Borrowers can qualify […]
The Home Affordable Unemployment Program (UP) takes effect July 1, 2010, offering eligible unemployed borrowers an option to temporarily reduce or suspend mortgage payments for a […]
The incidence of negative equity in properties is unmatched in history. 65% of residences in Nevada are drowning and the water continues to rise. See the […]
On Wednesday, Republicans announced a plan to wind down bailed-out mortgage-financing giants, Fannie Mae and Freddie Mac. This proposal has the potential to create some political […]
Randy M. Creighton, Esq. will host a free seminar April 13th @ 7 PM at the Sahara West Public Library. Mr. Creighton will be speaking about credit, what […]
A New York Times article explains how a high credit score won’t necessarily insulate borrowers from the home-foreclosure crisis, according to a new study from FICO.