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credit equity home loan no News

HUD Shares Plans for New Reverse Mortgage Option

RISMEDIA, September 7, 2010—The Federal Housing Administration (FHA) announced that it intends to make modifications to its Home Equity Conversion Mortgage (HECM) product, a reverse mortgage loan insured by the federal government, to make it more attractive and cost effective…

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Equity in home doesn't guarantee positive net worth

I have my own spin to put on the news that sales of existing homes plunged 27 percent in July: Stop thinking of your home as your cash cow.

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Dangers of walking away from your mortgage

Underwater homeowners who skip out on their mortgages face a slew of consequences.

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MONEY & BANKING

INSIGHT: Reaching out to under-banked The good news about India's poor is that they do provide an opportunity for business ventures that care to address their needs and provide them services, to make ...

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Refinance plan has its critics

The government will launch a refinance program this month that targets homeowners who are underwater on their mortgage but have not missed a monthly payment.

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