You Searched For "mortgage forbearance" and got 20 results
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7 mins read
IT'S OFFICIAL: JPMorgan Will Pay A $13 Billion Mortgage Settlement
Michael P. Stephens, Acting Inspector General of the Federal Housing Finance Agency, said, "JP Morg…
Julia La Roche
15 mins read
We now have details on Goldman Sachs' $5 billion settlement over pre-crisis mortgage-backed securities
The settlement is part of the ongoing efforts of President Obama's Financial Fraud Enforcement Tas…
Portia Crowe
4 mins read
Here's how natural disasters are shaping the buy-versus-rent decision in vulnerable states like Florida
Homeowners in high-risk states face rising insurance costs, while renters get significantly less po…
Kelly Cloonan
10 mins read
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tang…
4 mins read
Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings
Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…
Ayelet Sheffey,Juliana Kaplan
3 mins read
A student-loan borrower who received debt cancellation a year ago was just told it was a mistake and now his $93,000 balance is reinstated
After Okwara, 36, received student-debt relief, he bought a home and started investing. But MOHELA …
Ayelet Sheffey
2 mins read
Home foreclosures are at their highest level since the start of the pandemic as the 'financial aftermath' take a toll on buyers
Foreclosure filings jumped 34% over the past year, according to ATTOM data, attesting to growing fi…
Jennifer Sor
2 mins read
Student loan payments are about to drain $8 billion a month from consumers, and spending will start contracting early next year
Student loan payments resume next month, and Fitch predicted delinquency rates will quickly reach p…
Filip De Mott
5 mins read
Meet a mom with $610,000 in student debt who still can't separate her balance from her ex-husband's 8 years after their divorce: 'This one thing is still holding me stuck to him'
Dawn Rose said the vast majority of her student-debt balance was from her ex-husband. The law that …
Ayelet Sheffey
3 mins read
Don't expect a wave of short sales and foreclosures during this housing downturn — homeowners have too much equity
Since the 2008 housing crisis, lending standards have tightened and homeowner equity has soared to …
Alcynna Lloyd
2 mins read
Over 1 million Americans took $63 billion out of their homes earlier this year - the most since the 2007 housing bubble
Americans' home equity is a record $9.1 trillion, Black Knight said, and they took cash out in the …
Ben Winck
2 mins read
Biden helps more than 10 million homeowners by extending the foreclosure moratorium through June
The home foreclosures ban, along with the evictions ban, had already been extended by President Joe…
Ayelet Sheffey
3 mins read
When I took $100,000 in student loans I didn't know it would affect my kids' lives. Forgiveness will let me save for their future.
The author says she took out $100,000 in loans after being told college was her way out. Loan forgi…
Kelly Burch
3 mins read
A police officer with $85,000 in student debt is only able to afford a life-saving surgery because of the payment pause: 'Whatever I have left always goes to student loans. Now that's going to medical bills.'
Henry only stays at his job for the health insurance. "I don't have $60,000 sitting in my sock to g…
Jason Lalljee
1 min read
80% of adults want Biden to act fast on small business aid and stimulus checks, new survey finds
A survey conducted by Morning Consult found that four out of five of adults want Biden to take prom…
Ayelet Sheffey
3 mins read
78% of community bank executives expect the housing market to crash by 2026
Home prices have surged the most in 45 years, and community bankers fear the bubble will soon burst…
Ben Winck,Andy Kiersz
2 mins read
Almost 10% of American households are at risk of losing housing during pandemic, according to new report
CFPB said that around 2.1 million families are at least three months late on mortgage payments, whi…
Azmi Haroun
5 mins read
If you've been financially impacted by the coronavirus, you may be able to pause payments on these 8 bills
Is the coronavirus negatively impacting your finances? You may be able to pause up to eight bill pa…
Laura Grace Tarpley
2 mins read
Forget about inflation hitting your wallet unless you're rich. The stuff wealthy people buy just got more expensive, a Harvard study shows.
Worried about inflation? The data show prices for stuff like travel and dining out have gone up fas…
Andy Kiersz,Dominick Reuter
3 mins read
HUD urges Congress to pass Biden's $1.9 trillion stimulus to help struggling homeowners
President Joe Biden's stimulus plan would provide funding for rural housing, aid to prevent homeles…