Mortgages are thought to be home loans used to finance the purchase of a home. The word mortgage has become a generic term used to refer to a loan secured by real property because most mortgages occur as a condition for new loan money. Read More
When it comes to events that can have a negative impact on your credit situation, a foreclosure is near the top of the list. As a result, many homeowners faced with the possibility of foreclosure are interested in finding ways around the foreclosure. Read More
During the financial and housing crisis that gave birth to the so-called “great recession,” millions of homeowners found themselves underwater on their mortgages. Many more lost their homes to foreclosure, had to declare bankruptcy, or both. Read More
