November 15, 2016Foreclosure on a CondominiumForeclosure on a Condominium in Chicago The process for a mortgage lender to foreclose on a condominium, townhouse, or other type of […]
November 15, 2016Federal Housing Administration – FHA LoansFHA-insured loans are issued to lower-income Americans to assist them in securing the financing necessary to purchase a home they would typically […]
November 15, 2016How Are Loans Securitized?Before the securitization process, a bank would issue a loan to a borrower. The same issuing bank collects the loan payments for […]
November 6, 2016Strategic Default ConsequencesStrategic Default May Be a Risky Option for Many Borrowers Two recent reports by the Office of the Inspector General of the […]