Resting on your laurels will never do you good, especially in times like these. If homeowners like you start falling behind on mortgage payments, you’ll receive a letter (or phone call) from your lender regarding your status. These letters need to be an...

When you’re about to lose your home and don’t know what to do, it's time to get help from people who know what to do. These experts know the ins and outs of the housing market, and can give you valuable advice on how to save your home from foreclosure...

US veterans will now have a shot at buying an affordable home through the help of the Department of Veterans Affairs (VA). Honorably discharged veterans, active-duty personnel, and surviving spouses can benefit from the VA mortgage guarantee program, whic...

It does pay to go online and read the daily paper. While some people regard chatting as a total waste of time, a few find solutions to their problems by going online. Take what happened to a Dallas guy in danger of foreclosure as an example. His plea in...

A website that computes home values recently released reports that showed that one third of Americans owe more than what their homes are actually worth. These are the people who bought during the last five years. It also reported a 9.9 percent decrease in...

If you are worried about losing your homes to foreclosure, then there is something you should be wary about – scammers. Scammers have taken their modus operandi to another level. This time, they are targeting distressed homeowners who are facing poss...

Just like a seasoned firefighter who is carefully positioned below a burning building to catch victims, the government’s housing arm, the U.S. Department of Housing and Urban Development (HUD), is ready to provide a safety net for those who are on a dow...

Weeks ago, President Bush almost didn’t sign the housing bill that would provide a remedy for the housing slump, because of a particular provision in the draft where about $4 billion in funds are slated to shoulder the costs for redeveloping and rehabil...

It seems like Freddie Mac CEO Richard Syron is getting the blame for the housing crisis that hit the country terribly. Former chief risk officer David Andrukonis claims that we could have prevented the crippling housing crunch had Syron listened to him in...

By the end of the week, President Bush would’ve signed the housing bill that will provide much-needed solutions to the housing crisis we are currently experiencing. Months after the foreclosure crisis began in 2007, we are finally closer to something...

Mortgage giants Fannie Mae and Freddie Mac are presently undergoing a tough time. With confidence level and shares going down significantly for the past week, some people think that a government bailout is about to happen. Fannie had a 28 percent drop ...

A few weeks from now, we may see a decline in the number of foreclosed homes in our neighborhoods, along with that, a decrease of people living in shelters, cars, and streets. The Senate just recently cleared the Foreclosure Prevention Act of 2008. Thi...

Financially-challenged senior citizens don’t have to worry about becoming homeless anymore, as the government is giving out more than $17 million to ensure that they remain properly sheltered. The U.S. Department of Housing and Urban Development (HUD...

If you are one of those people who didn’t get a stimulus check from the government, or has a relative or a friend who hasn’t got one, don’t stress yourself out. There is a reason why you or people you know haven’t received your tax rebates. The...