Homeowner's Toolkit Archive


Refinancing Borrowers Choose Shorter-Term Fixed-Rate Loans

Monday, August 17th, 2009
RISMEDIA, August 18, 2009-Freddie Mac recently announced that in the second quarter of 2009, refinancing borrowers overwhelmingly chose fixed-rate loans,


Mortgage Bill Could Be Revived

Monday, August 10th, 2009
RISMEDIA, August 11, 2009-(The Hill)-Senate Majority Whip Dick Durbin (D-Ill.) said on Monday of last week that if the financial industry


Technology Credit Union Offers a Helping Hand to Distressed Homeowners

Monday, August 10th, 2009
RISMEDIA, August 11, 2009-Technology Credit Union has announced it has modified more than $10 million in mortgage loans for homeowners since accelerating its effort two years ago to provide assistance to members facing financial difficulty. As part of its efforts, Tech CU implemented a variety of payment relief options ...


Remodeling Market Activity Builds Momentum

Sunday, August 9th, 2009
RISMEDIA, August 10, 2009-Residential remodeling showed modest gains during the second quarter of 2009 with increases in all indicators, according to the latest National Association of Home Builders (NAHB) Remodeling Market Index (RMI). The current market conditions measure grew to 38.1 from 34.5 in the first quarter. Future expectations rose ...


Making Home Affordable Program on Track to Help Millions of Homeowners

Tuesday, August 4th, 2009
RISMEDIA, August 5, 2009-The Obama Administration recently released its first monthly Servicer Performance Report detailing the progress


One in Five Homeowners Filed for Bankruptcy to Avoid Foreclosure in June

Tuesday, August 4th, 2009
RISMEDIA, August 5, 2009-One in five people who receives credit counseling before filing for bankruptcy cites avoiding foreclosure


Chase Exclusives Rewards Checking Customers with New 1% Mortgage Cash Back

Monday, August 3rd, 2009
RISMEDIA, August 4, 2009-Chase, one of the nation's leading consumer banks, announced 1% Mortgage Cash Back, an innovative new benefit from Chase Exclusives, the program that rewards checking account customers for using the bank's other products and services. ...


HUD Secretary Shaun Donovan Announces New FHA-Making Home Affordable Loan Modification Guidelines

Sunday, August 2nd, 2009
RISMEDIA, August 3, 2009-U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced the Federal Housing Administration


FHA Home Modification Program Will Help Thousands of Homeowners, Say Realtors

Sunday, August 2nd, 2009
RISMEDIA, August 3, 2009-The following is a statement by National Association of Realtors® President Charles McMillan: ...


Refinances in Second Quarter Reduce Mortgage Payments by $3.4 Billion in Coming Year

Saturday, August 1st, 2009
RISMEDIA, August 1, 2009-In the second quarter of 2009, half of borrowers who refinanced their loan lowered their annual mortgage


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