NAR asking homeowners for help

WASHINGTON – July 11, 2011 – Starting today, the National Association of Realtors® is contacting 6 million consumers nationwide by email. Those consumers will be asked to participate in a Consumer Call for Action regarding the Qualified Residential Mortgage (QRM)…

Unemployed homeowners get more relief

Under the policy changes, mortgage companies collecting payments on Federal Housing Administration (FHA)-backed loans will be required to offer 12 months of forbearance for qualified unemployed borrowers, the White House said in a release. Out-of-work borrowers with these loans now…