Getting Past Predatory Lending – Coalition Launches to Steer Consumers in Right Direction

RISMEDIA, June 11, 2009-American consumers seeking mortgages will now have the option of using lenders that are certified as “safe,” “fair” and free of predatory lending, under a 21-member national network known as the nonprofit “Fair Mortgage Collaborative” (FMC), the members of which are committed to providing homeowners and home buyers …

FHA Tax Credit Monetization Helps Home Buyers With Upfront Costs

RISMEDIA, June 11, 2009-First-time home buyers who would otherwise qualify for the $8,000 tax credit, but don’t have the money for a down payment or closing fees, may now be able to get a loan to help cover those upfront costs. The U.S. Department of Housing and Urban Development (HUD) announced on ..