It was a common practice during the boom times: A single home would be refinanced time and again, perhaps spurred by a broker hungry for fees or a borrower looking to use his or her home for cash.
Now, homeowners in that situation who have ...
When a separating couple is forced to deal with their house, the quickest and easiest way is to sell the house and divide the net proceeds based on the contributions each party has made to the equity.
When one party retains the house, they should...
A mortgage price quote means nothing until it is properly locked with the lender. A rate lock, as it is commonly called, is the lender's commitment that they will make the specified loan at the specified price within a specified future period. The...
Conventional wisdom says you need 70 percent of pre-retirement income to keep the same lifestyle after you stop working.
That makes sense if you've been putting away more than 20 percent of your income in your final working years. With those ...
WASHINGTON -- Federal regulators are conducting an extensive investigation into an alleged mortgage insurance kickback scheme that pushed up costs for home buyers dating from the mid-1990s.
The Consumer Financial Protection Bureau, in disclosing ...
Banks aren't living up to pledges they made in last year's landmark government settlement of mortgage servicing and foreclosure abuses, according to an advocacy group's survey of California housing counselors and lawyers.
The California ...