There’s more to servicing a home loan than collecting payments. When a borrower is struggling, it’s the job of the mortgage servicer to make available options clear and accessible. Unfortunately, the Consumer Financial Protection Bureau (CFPB) says Citi subsidiaries complicated the foreclosure relief application process and, in some cases, didn’t alert borrowers to relief options at all.
Entries Tagged as 'Mortgages'
Foreclosure Relief Shouldn’t Be This Difficult: CFPB Takes Action Against Mortgage Servicers
January 24th, 2017 · No Comments · Mortgages
Tags: foreclosure relief
Trouble Making Mortgage Payments? Don’t Miss December 30 Deadline for Help Through MHA Programs
December 13th, 2016 · No Comments · Mortgages
If you cannot afford your monthly mortgage payments, don’t take that hardship into the New Year. Explore the federal Make Home Affordable (MHA) programs. Most of them have December 30 deadlines, so do not delay.
Tags: mortgage assistance
Rent-to-Own a Home? What You Need to Know First
November 25th, 2016 · No Comments · Mortgages
If you’re going to be paying rent anyway, why not enter into a rent-to-own situation? Well, a few risky reasons could surprise you. Get the facts on how rent-to-own works and how it can go wrong.
Tags: rent to own