Fannie Mae has created a program called Deed for Lease which aims to help homeowners in danger of default. This program allows people to give up their homes to Fannie Mae and then rent them back for a smaller monthly payment.

Currently, over 25% of all mortgage loans financed in the U.S. are backed by the FHA. Its important to have a good understanding of the underwriting guidelines being used to approve or reject a mortgage application. Title seasoning is one of the guidelines causing declinations.

Many people afford the holidays with high interest credit cards. By doing this, they are left with finance charges and significant debt. Find out what you can do to get out from under this cycle.

Learn about how the reverse mortgage industry is protecting its seniors. The federally insured reverse mortgage has established many safeguards to that the clients can feel safe.

Recently, the FHA has instituted new regulations which are very similar to the rules of Fannie Mae and Freddie Mac. Although regulations are generally a good thing, could this be bad for FHA loans?

Recently, California issued some new protections for reverse mortgages. Commonly called the Elder Protection Act of 2009, these protections aim to ensure that seniors are not taken advantage of by unscrupulous people.