LenderStreet's columnists (that's us over there) join forces with lenders in your area to keep tabs on the mortgage market. Together we offer timely insights toward a positive loan experience.
The government is trying to protect consumers from bad loans, but needs to reevaluate its approach.
Unemployed and struggling to pay your mortgage? Help is on the way.
The Obama administration announced today that $3 billion will be added to funds to help unemployed homeowners in jeopardy of losing their homes to foreclosure.
If you’re trying to refinance because of record low interest rates, but you can’t get qualified for some reason – it's become more difficult to qualify since the housing bust – but more government assistance could be on the way.
Gregory Johnson wanted to downsize. For some, that might mean going from your 4-bedroom, 3-bathroom house to a 3-bedroom, 2-bath.
But Johnson went a more drastic (and tiny) route. Two years after reading about Jay Shafer, who builds tiny houses for the Tumbleweed Tiny House Company, Johnson worked closely with Shafer to build his own 140-foot tiny house in an effort to live a simpler life and reduce his carbon footprint – among many other changes, he also replaced his car with a bike.
Fannie Mae launched a new website on Tuesday designed to help homeowners know their options to try to avoid foreclosure.
The site – KnowYourOptions.com – provides several options homeowners have to avoid foreclosure, with options that allow homeowners to stay in their home (refinance, repayment plan, forbearance, modification or deed-for-lease) or options that allow homeowners to get out before they are foreclosed (short sale or deed-in-lieu).