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Category Archives: Home ownership

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Types of Mortgages & Home Buying FAQs

Buying a home is a big investment. For most of us, it’s the biggest loan we’ll have in our lives. The Consumer Financial Protection Bureau discusses the different types of loans, many of which are available through private lenders and partially guaranteed by different federal programs, thus offering benefits for people who qualify. Talk with…
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File for Bankruptcy, Save Your Home

By D.S. Hilderbrand New research from the University of North Carolina (UNC) Center for Community Capital and the UNC School of Law suggests that homeowners in foreclosures who file for bankruptcy have a better chance to retain their home. Specifically, the report, "Bankruptcy During Foreclosure: Home Preservation  Through Chapters 7 and 13," says that filing…
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