Search results for Search Again Search Results New Mortgage Rule Aims to Stop Avoidable Foreclosures https://www.investopedia.com/new-cfpb-mortgage-rule-aims-to-stop-avoidable-foreclosures-5201652 The Consumer Financial Protection Bureau has announced a new rule to help prevent home foreclosures in situations where they can be avoided. Home Affordable Modification Program (HAMP) Definition https://www.investopedia.com/terms/h/home-affordable-modification-program.asp The Home Affordable Modification Program (HAMP) was a federal government program between 2009 and 2016 designed to help homeowners avoid foreclosure. Non-REO Foreclosure https://www.investopedia.com/terms/n/non-reo-foreclosure.asp A non-REO foreclosure, or non-real estate owned foreclosure, is a foreclosure process that ends without the lender taking ownership of the property. Making Home Affordable https://www.investopedia.com/terms/m/making-home-affordable.asp Making Home Affordable is a program launched in 2009 to aid eligible homeowners by lowering their monthly mortgage payments to a more manageable level. Foreclosure Crisis Definition https://www.investopedia.com/terms/f/foreclosure-crisis.asp The foreclosure crisis was a period of drastically elevated property seizures in the U.S. housing market between 2007 and 2010. Can I Pay My Mortgage with a Credit Card? https://www.investopedia.com/ask/answers/12/paying-mortgage-with-credit-card.asp If you try to pay your mortgage with a credit card to earn cash-back rewards, you’ll discover that your options are scarce—and unlikely to pay off. How to Get a COVID-19 Mortgage Forbearance Extension https://www.investopedia.com/how-to-get-a-covid-19-mortgage-forbearance-extension-5079423 The CARES Act lets you extend your original 180-day mortgage forbearance an additional 180 days, but you must apply in time to be given the extension. Pre-foreclosure Definition https://www.investopedia.com/terms/p/pre-foreclosure.asp Pre-foreclosure refers to the early stage of a property being repossessed due to the property owner’s mortgage default. Delinquent Mortgage Definition https://www.investopedia.com/terms/d/delinquent_mortgage.asp A delinquent mortgage is a home loan where the borrower has failed to make their required payments on time. How a Deed in Lieu of Foreclosure Works If You Have a Reverse Mortgage https://www.investopedia.com/how-deed-in-lieu-of-foreclosure-works-with-reverse-mortgage-5270337 A deed in lieu of foreclosure can stop all foreclosure proceedings when you have a reverse mortgage, but it may not be the best option for you. prev 1 2 3 4 5 next