Regulators turn their attention to the servicemembers civil relief act.
November 11, 2012
The SCRA provides certain financial protections to active-duty military personnel.Read More
Credit unions that service mortgage loans should have policies and procedures in place to ensure employees are adequately trained.
August 1, 2012
Five federal financial institution regulators issued guidance to mortgage servicers on military homeowners .Read More
‘Accelerated mortgage’ proves popular among well-qualified borrowers.
March 1, 2012
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.Read More
But as the economy improves, delinquency rates should drift down.
February 15, 2012
While mortgage delinquencies have dropped more than 6% since fourth quarter 2010, it will take a long time for them to return to normal.Read More
Survey says 36% of Americans believe strategic defaults are acceptable in some cases.
October 25, 2010
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.Read More