The riots in Baltimore revealed how deep the rifts are between prosperous and poor neighborhoods in most American cities. Is the American Dream large enough so that every one of its children has the opportunity to live in a safe, affordable home?
At a time when bipartisan cooperation is much-needed and all too rare in the United States, a new initiative on Long Island offers hope. Leaders of Su...
The rules and procedures surrounding the lock process vary from lender to lender and are not subject to any mandatory disclosure requirements. To help borrowers avoid the potential missteps in the process, this article presents five questions you should pose to a lender before proceeding further.
The case for the widespread use of housing counseling in America's residential housing marketplace is both simple and straightforward.
While reverse mortgages can provide significant cash during retirement, they may not be the best choice for everyone. If you are thinking about a reverse mortgage, discuss your options with a neutral financial adviser. Always know all the details before making any financial decision.
Education is the highest correlating factor with income. Americans with a Master's Degree or higher earn twice as much (or more) than those with only a high school diploma.
At a very basic level, those of us who do investigative journalism want our work to make an impact. Many times this does not happen for all kinds of reasons.
We want L.A. to continue to be known as the land of opportunity and great weather. We also want L.A. to be known for its incredible diversity, and to stand out for the equitable way it grows and manages its growth.
Recent trends have shown that Americans, particularly millennials, are weary of using credit cards. The problem largely stems from the way credit cards are viewed today. They are typically perceived as a "last resort" for consumers who can't afford to pay for their purchases.
Some of the more interesting questions I receive from readers are about unusual situations that may affect their ability to qualify for a mortgage. The rules are not always crystal clear, which is why lenders continue to rely on underwriters whose stock in trade is good judgment. Here are a few illustrations.
Lenders started foreclosure against 53,514 homeowners in March, according to RealtyTrac, an increase of 11 percent from February. That brought to 152,147 the number of US homes that started down the bumpy road to foreclosure in the first quarter of 2015.
As it stands, QM loans are guaranteed by the government. Without this guarantee, banks will have a difficult time selling those loans, which the banks make a huge profit.
Over the past several years, housing leaders have waited anxiously for the largest generation in our nation's history to settle down, buy homes and breathe new life into our struggling housing market.
I wanted to hear stories about people who had turned their lives around after being given a chance at housing. As it turned out, Charles' own story was the most inspiring of all.
Let's be clear. No American citizen should be denied housing, the ability to attend school, to apply for a mortgage, or to serve on a jury because of their sexual orientation or gender identity.
It wasn't easy, but your credit score just passed the 661 mark into "good" territory or the 781 mark into the "excellent" category. Congratulations, you're now a credit score champion! After you're done basking in your own glory, it's time to actually put that credit score to effective use.