Mortgage Loan Information
Mortgage Payments One Month Late Rise on Job Market
The percentage of U.S. mortgages with one overdue payment rose in the second quarter, the first gain in early delinquencies in more than a year, as economic growth slowed and jobless claims increased.
Read more on BusinessWeek
FHA to make reverse mortgage less forgiving for seniors late on taxes
Here’s a sobering message for anyone who has a federally insured reverse mortgage or plans to apply for one: If you don’t pay your local property taxes or hazard-insurance premiums, the risk of losing your house to foreclosure is about to increase. Reverse mortgage – Loan – Mortgage – Home – Personal Finance
Read more on Washington Post