Items Tagged with 'homeowners'

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Find Your Voice

CUs hit the high notes for their members.
Lora Bray
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Are you singing the right part—or are you a soprano trying to master the bass line? 
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SCRA Compliance

Regulators turn their attention to the servicemembers civil relief act.
Valerie Moss
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The SCRA provides certain financial protections to active-duty military personnel.
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Avoid These Mortgage Servicing Practices

Credit unions that service mortgage loans should have policies and procedures in place to ensure employees are adequately trained.
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Five federal financial institution regulators issued guidance to mortgage servicers on military homeowners .
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CU Hits a Mortgage Home Run

‘Accelerated mortgage’ proves popular among well-qualified borrowers.
Darla Dernovsek
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Roughly 90% of those who refinanced through the program were new members with an average loan-to-value of 45% and credit scores in the high 700s.
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Mortgage Delinquencies Edge Up During Fourth Quarter

But as the economy improves, delinquency rates should drift down.
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While mortgage delinquencies have dropped more than 6% since fourth quarter 2010, it will take a long time for them to return to normal.
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OK to Walk Away?

Survey says 36% of Americans believe strategic defaults are acceptable in some cases.
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As the housing market continues to flounder in many parts of the country, 21% of homeowners say they owe more on their mortgages than their homes are worth, survey says.
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