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Servicing a loan: What borrowers should know

Mortgage servicers are companies responsible for the logistical aspects of servicing a loan. Things like processing and tracking payments, sending payment reminders and filing foreclosure documents are some of the tasks they perform.  How loan servicing works Your mortgage servicer helps handle your loan, but also satisfies certain federal requirements. ...

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What is a Zombie Property?

Photo by Curtis Adams from Pexels Zombie properties are homes that have been visibly abandoned but actual ownership has not. The term became popular in the housing industry during the 2007-08 housing crisis when people being unable to make their mortgage payments reached a catastrophic point. According to ATTOM Data Solutions, a firm ...

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Flood insurance basics: What homeowners should know

Natural disasters can strike unexpectedly, but there are plenty of ways to prepare and protect your home. Flooding is an extremely dangerous type of natural disaster affecting much of the continent, and in most flood-prone regions you need special insurance coverage for it. Here is a quick guide to flood ...

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What Buyers Forget When Buying A Home

When you’re buying a home, there’s a lot of excitement that surrounds the search and purchase of the property. In the process of buying a home, however, there are many things that buyers forget to take into account during their search and budgeting. Below, you’ll find some information to help ...

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