News

A growing number of rural Maine homeowners are at risk of losing their homes due to unresolved issues with USDA loans—some ...
There has been a recent series of foreclosures related to something called a 502 loan issued by the USDA for some low-income ...
Some of the hundreds of rural Mainers who bought their homes through a government loan program soon could be hit by what state housing advocates have called a "tsunami" of foreclosures, the origins of ...
USDA guidelines set waiting periods for obtaining a mortgage following adverse credit events such as bankruptcy, foreclosure, ...
And that’s a huge hurdle for us as foreclosure prevention ... Only four cases were in default after 2020. The USDA said the Section 502 loan program is struggling with delinquencies nationwide ...
With places to live on the line, we must drop the blame games and ask whether the ends are justified by the means.
But since they use your property as collateral, you risk foreclosure if you default on payments ... 3% for conventional loans, 0% for VA, USDA and Destination Home Mortgage Flagstar is far ...
Lenders typically want to work with borrowers who are unlikely to default, and having a poor ... a two-year waiting period following a foreclosure. USDA loans often require decent credit scores ...
or USDA loans if you qualify. Not all borrowers qualify for a regular or "prime" mortgage loan, often due to having poor credit. If a lender considers you to have a greater risk of default than ...
They explore how technology is helping servicers keep loans in-house and how Ardley supports lenders in targeting existing clients with personalized offers. FHA, VA, and USDA Changes FHA announced ...