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Do Math Before Merging HELOC, Mortgage Bankrate.com Via Yahoo Finance
In some situations, it makes sense to combine a mortgage loan with a home equity line of credit.
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Expert: Don Taylor, Ph.D., CFA, CFP Bankrate.com
Dear Dr. Don, My husband and I are considering refinancing our 30 year mortgage. We also have a 10 year fixed home equity line of credit. If we decide to refinance, can I combine our 30 year mortgage and our HELOC into one loan
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Regions Program Helps Keep Residential Mortgage Foreclosures Low Business Wire Via Yahoo Finance
BIRMINGHAM, Ala. Regions Financial Corporation today announced that it has reached out to over 103,000 residential first mortgage and home equity customers in the first year of its program to help customers avoid hardship.
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FHABacked Loans: The New Subprime BusinessWeek Online Via Yahoo News
As if they havent done enough damage. Thousands of subprime mortgage lenders and brokers many of them the very sorts of firms that helped create the current financial crisis are going strong. Their new strategy: taking advantage of a long standing federal program designed to encourage homeownership by insuring mortgages for buyers of modest means.
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Attorney Gen. Madigan Sues Mortgage Rescue Firms CBS 2 Chicago
Illinois Attorney General Lisa Madigan is warning struggling homeowners about mortgage rescue companies. Madigan on Tuesday announced that shes filed seven new lawsuits against businesses she says offered false hope to homeowners trying to keep their homes.
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