Mortgages

The Federal Government allowed the nation’s primary mortgage modification program, HAMP, to expire on December 31, 2016. The Home Affordable Modification Program, or HAMP, was introduced in 2009 to respond to the sub-prime mortgage crisis and it provided targeted...

Borrowers seeking home loans should know that many mortgage lenders will now be scrutinizing more detailed credit data. This is because Fannie Mae has revised its risk-assessment software to include an expanded version of a borrower's credit report which will...