November 28, 2022

Four Tips On How To Avoid FHA Foreclosure Rescue Scams

Borrowers with FHA loans have the highest delinquency and default rates.  Many analysts blame extremely liberal FHA underwriting policies, very low down payment requirements and seller concessions.  Other factors that contribute to a default rate of almost 10% on FHA mortgages are slow income growth, high unemployment and declining home values. Regardless of the causes […]

The First Step When Facing FHA Mortgage Foreclosure Is To Find Out What Your Options Are

Not since the Great Depression have so many American homeowners faced hard economic times.   High unemployment, a very slow economy and lack of income growth have resulted in millions of homeowners facing foreclosure.  The crash in real estate values since 2008 has resulted in negative equity for millions of FHA borrowers which makes refinancing or […]