A free directory of official US government websites: foreclosure avoidance, mortgage help, hope for homeowners, stimulus, federal grants, loans,jobs, government contracts, disaster aid, consumer info,recalls, zip code,passports, benefits - social securit
California continues to have low uptake of earthquake insurance, however, with 88% of homeowners adopting to be self-insured against this threat [10]. High deductibles (10% or 15% of the sum insured) and premiums may be a contributing factor for this low take-up [45]. 2.2. Examples of...
Mortgage Modification and Strategic Behavior: Evidence from a Legal Settlement with Countrywide We investigate whether homeowners respond strategically to news of mortgage modification programs by defaulting on their mortgages. We exploit plausibly ex... C Mayer,E Morrison,T Piskorski,... - 《American ...
The vote was 46-21 to advance the bill, which would permit the government to insure new, cheaper mortgages for hundreds of thousands of struggling homeowners now facing foreclosure. Ten Republicans shrugged off President Bush’s objections and joined all the Democrats present to support the bill,...
The Federal Reserve took one of the first coronavirus-related stimulus measures when itcut interest rates to nearly zero. While this is bad news for savers,its good news for borrowers. For instance,low interest rates reduce the cost of mortgages, which helps would-be homeowners and curr...
McCain has suggested a housing plan enabling some homeowners whose houses are worth less than their mortgages to apply for financial aid. A question on whether the federal government should help these people has been replaced with which mechanism should be adhered to address the problem, the ...
The government-controlled company also said it may begin conducting reviews of loan files, processes and procedures used by the servicers, in another sign it is growing impatient with the firms that collect and distribute homeowners' payments. ...
I have watched (andposted) with incredulity as the government has scurried to keep inflated what was clearly a house price bubble. Its latest wheeze to prop up house prices is atwo-year mortgage holidayfor homeowners unable to repay their mortgages. (The interest is rolled up and paid back ...
One part of HUD, theFederal Housing Administration (FHA), insures mortgages, which makes it easier for buyers to become homeowners thanks to less strict eligibility requirements. The program is popular witelh first-time home buyers but not limited to them. ...
these agencies—although they are privately held—provide public financial services. GSEs help to facilitate borrowing for a variety of individuals, including students, farmers, and homeowners.