Tag Archives: mortgage

Complaints About Mortgage Servicers Are Soaring as Millions of Americans Still Can’t Make Their Monthly Payments

By Jacob Passy, MarketWatch Although the economy has shown significant signs of improvement in 2021 thus far, many homeowners continue to face financial challenges. A new report from the Consumer Financial Protection Bureau finds significant disparities among which Americans have encountered those hurdles. As of March, around 4.7% of all active mortgage loans remained in forbearance,…
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Buyers May Want to Ask Lenders: How Long to Close?

House hunters may want to ask their lenders how long it will take them to close on a loan while shopping for a mortgage. In a housing market where multiple offer situations have become commonplace, the ability for a buyer to close quickly can stand out to home sellers. Buyers should ask lenders: How long…
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