4 percent of Maryland borrowers face foreclosure
Maryland borrowers in imminent danger of losing their homes hit 4 percent in March for the first time on record as lenders stepped up the pace of new foreclosure proceedings.
View full post on baltimoresun.com – Real Estate
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4% of Md. borrowers face foreclosure
Maryland borrowers in imminent danger of losing their homes hit 4 percent in March for the first time on record as lenders stepped up the pace of new foreclosure proceedings.
View full post on baltimoresun.com – Real Estate
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Real Estate Wonk: A warning for borrowers
View full post on baltimoresun.com – Real Estate
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Lenders likely to order second, last-minute credit report before closing on a mortgage
Changes taking effect June 1 are part of Fannie Mae’s ‘loan quality initiative’ to cut down on slipshod underwriting and fraud by borrowers.
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Private mortgage insurance companies return to market
As the FHA tightens its requirements for borrowers with small down payments, independent insurers are back in the game and offering competitive rates.
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