February 25, 2024

Mortgage Complaint? – The Consumer Financial Protection Bureau Wants To Hear From You

The Consumer Financial Protection Bureau (CFPB), established under the Frank-Dodd Act, has started taking mortgage complaints as of December 1st. Borrowers with any type of mortgage, including an FHA mortgage, can contact the CFPB and register a complaint which the CFPB will forward to the mortgage company involved.  The CFPB plans to interact with the […]

Unemployed FHA Homeowners Get 12 Month Payment Holiday

There is now an additional benefit for homeowners with FHA financing.  HUD has implemented a program that allows unemployed borrowers to remain in their homes for an extended period of time without having to make a mortgage payment. The FHA has always taken exceptional steps to assist borrowers who have become delinquent in their loan […]