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What Is a Qualified Mortgage?

What Is a Qualified Mortgage?

What is a “qualified mortgage”? The Consumer Financial Protection Bureau has created a new classification of mortgage called the “qualified mortgage.”  The regulations will make sure that mortgage companies won’t give out mortgages to...
Hammering on HAMP

Hammering on HAMP

Hammering on HAMP HAMP Leading to Bankruptcy Denial of a HAMP modification led one couple to file for bankruptcy.  After making all payments in the trial modification plan, they were told they were not admitted to the HAMP program and needed to pay $10,000 immediately...
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