April 13, 2024

A Rational Reason To Default On Your FHA Mortgage

Mortgage defaults are at an all time high as property values plunge, incomes drop, unemployment rises and the average consumer is squeezed by the exploding cost of daily necessities. The housing situation is at a critical stage and not likely to improve any time soon.  Here are some highlights from a recent report by 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 […]