bad credit home loan mortgage
Financial PostForeclosed Americans buying homes again thanks to government loans
Financial Post
In contrast, FHA loans historically have been available to help low and moderate-income families buy homes. FHA borrowers typically need a credit score of at least 620 and a 3.5% down payment. The FHA charges an upfront mortgage insurance premium of ...and more » - Mortgage Lender Residential Finance Corp. Explains Benefits of HARP 2.0
SunHerald.com
(RFC), a nationwide mortgage lender, which rolled out the new the Home Affordable Refinance Program (HARP) 2.0 program last month, and within three weeks she closed on a new lower, fixed interest rate loan. The recently released new guidelines for the ...and more » - Consumer Mortgage Debt Falls Three Percent Since April 2011, According to ...
SYS-CON Media (press release)
"It's a buyer's market and home prices have gone down over the last several years. Another factor is that many of the underwater homes have been foreclosed and the bad debt written off of the credit reports." Consumers in 36 states have more auto loan ...and more » - Foreclosed Americans find way back to homeownership
Reuters
In contrast, FHA loans historically have been available to help low and moderate-income families buy homes. FHA borrowers typically need a credit score of at least 620 and a 3.5 percent down payment. The FHA charges an upfront mortgage insurance ...and more » - Mortgage-aid revisions paying off for bankers, some borrowers
Kitsap Peninsula Business Journal
The revisions to the Obama administration's 3-year-old Home Affordable Refinance Program have yielded mixed results for homeowners, analysts and mortgage professionals say. Some responsible homeowners are indeed getting lower-interest loans despite ...and more » 
New York PostUn-Belize-able!
New York Post
By JOSH KOSMAN While billions of bad loans hit home for mortgage servicer Residential Capital yesterday when it filed for bankruptcy protection, the former chief responsible for its failed strategy can seek shelter miles away — in the tropical paradise ...and more » - The Importance of Good Credit (First of Two Parts)
Tempo
When it comes to our home, mortgage lenders want to be sure that we won't default on our payments and thus use credit information to determine whether or not to grant us the loan. It can help decide our suitability in applying for a car loan, ...and more » 
The Fiscal TimesIs the Government Backing a New Housing Bubble?
The Fiscal Times
FHA loans require as little as 3.5 percent of the home's value up front in the form of a down payment. Compare this to a traditional mortgage offered by a private bank. Private banks require large down payments of buyers – traditionally 20 percent – to ...and more » - Mortgage borrowers face litany of questions
MarketWatch
By Amy Hoak, MarketWatch CHICAGO (MarketWatch)—As a home buyer or refinancer, you'd expect to submit recent pay stubs and bank-account statements when applying for a mortgage loan. That's exactly what happened to a recent borrower who was asked to ...and more » - Bunye: The importance of good credit (First of two parts)
Sun.Star
When it comes to our home, mortgage lenders want to be sure that we won't default on our payments and thus use credit information to determine whether or not to grant us the loan. • It can help decide our suitability in applying for a car loan, ...and more »
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