The Great Recession that started in late 2007 forced many responsible Colorado homeowners into mortgage loan default and/or bankruptcy. Because of this, the Federal Housing Authority (FHA) realized that credit histories don’t always reflect a person’s true ability or willingness to pay on a mortgage, and on August 15, 2013, announced its shortening of the […]
Mortgage Relief under the National Mortgage Settlement
August 30, 2013 by Leave a Comment
Colorado consumers have received more than $425 million in mortgage relief through June 30th under the National Mortgage Settlement, an agreement designed to compensate borrowers who have lost their home to foreclosure and provide financial assistance to current underwater homeowners. “I am very pleased with the total amount of relief that has been delivered to […]
Quick Tips : Boost Your Credit Score For Better Mortgage Rates
March 20, 2012 by Leave a Comment
Lenders are reserving lowest rates for the customers with high FICOs. Here’s a few ways to improve your credit score quickly.
Banks Start To Loosen Up In Underwriting
February 5, 2012 by Leave a Comment
After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”.
Home Affordability Threatened By Friday’s Jobs Report
February 2, 2012 by Leave a Comment
It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.
The Government’s Revamped HARP Program For Underwater Homeowners
October 25, 2011 by Leave a Comment
The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance.
Surprising tips to raise your credit score
September 14, 2011 by Leave a Comment
Here are powerful tips to raise your credit score We recently read an article on MSN.com that outlined tips to increase your credit score. As you all know, we believe that knowledge is power, and that is why we live by our motto: “Knowledge is Key.” In the article, “Credit score tips that don’t make […]