Mortgage Modifications & Relief Programs – Afford Your Home – Author Bill Fay Staff Writer. Bill “No Pay” Fay has lived a meager financial existence his entire life. He started writing/bragging about it seven years ago, helping birth Debt.org into existence as the site’s original “Frugal Man.” Prior to that, he spent more than 30 years covering college and professional sports, which are the fantasy worlds of finance.
Government Mortgage Relief Programs | HomeOwnership.org – Government Mortgage Relief Programs Loan Modification. The purpose of a mortgage loan modification is to get your monthly payment to a more affordable level. An "affordable" mortgage payment is typically defined as 31% of the borrower’s monthly gross income. This is achieved by modifying one or more components of your mortgage:
Military Debt Relief | Georgia Department of Law’s. – Military Debt Relief. Over the years, state and federal lawmakers have considered the plight of people in the armed services whose military assignment orders may cause difficulty in.
mortgage relief scams | Federal Trade Commission – Semiannual Reports to Congress;. Mortgage Relief Scams and Mortgage Advertising and Servicing.. Federal Appeals Court Upholds District Court Order that Permanently Bars Telemarketers From Pitching Mortgage and Debt Relief Programs and Awards $5.7 Million for Consumer Redress.
Is PMI is Tax Deductible? – Deducting Private Mortgage. – Many home buyers are wondering if private mortgage insurance or PMI is still tax deductible in 2018. With all of the media publishing articles about the year-end GOP tax reform bill, it is imperative that you get the facts on tax deductions for PMI before committing to a home loan in the new year.
Home Loans For Poor Credit First Time Buyers Minimum Credit Scores for FHA Loans – Don’t assume you cannot be approved for an fha insured home loan–do you have changes in your credit score since the last time the credit reports were run? You may have options that can improve a poor credit score over time. Some potential borrowers may need to spend a year or so repairing bad credit and establishing a reliable payment history.
National Association of Mortgage Processors (NAMP. – This free mortgage training video discusses employment and income section, assets and reserves section, loan summary section and more. Ideal for loan processors and mortgage underwriters.
Obtaining A Mortgage Loan The way most Americans buy a home could be one of their biggest hurdles to getting rich, says an author who studied 10,000 millionaires – "People throw away tens – even hundreds – of thousands of dollars on these loans without ever stopping to do the math," Hogan wrote. According to Freddie Mac, about 90% of US homebuyers opt for a.
Avoid these 6 mortgage relief scams. Homeowners trying to avoid foreclosure are stressed and scared. They have become a prime target of con artists who prey on vulnerable people.
If you seek loan modification under the Making Home Affordable homeowner bailout program, you should also know there may be higher limits available if your home is a multi-unit property. If you have a mortgage on a four unit property and you live in the building, your limits could be higher based on HUD guidance for the Obama mortgage program.
S.122 – Mortgage Debt Tax Relief Act 115th. – Congress.gov – Shown Here: Introduced in Senate (01/12/2017) Mortgage Debt Tax Relief Act . This bill amends the Internal Revenue Code to extend through 2018 the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence.