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The Federal Housing Administration has further extended some of the leeway it gave distressed consumers with reverse mortgages and servicers during the pandemic. The extension from the end of this year to Dec. 31, 2023 affects two waivers…
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In 2023, Fannie Mae, Freddie Mac and the Federal Home Loan Banks will buy home loans as pricey as $726,200 in most areas and over a million dollars in high-cost locations, the Federal Housing Finance Agency announced. The baseline…
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You bought a home with a mortgage. Afterward, you took out a second mortgage in the form of a home equity loan. If you defaulted, the mortgage lender on your first loan would be able to claim first the funds from the foreclosure sale. The…
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