Mortgages

News for prospective home buyers: Massachusetts has new regulations governing mortgage brokers and lenders

The Massachusetts Attorney General recently released a report concerning consumer protections for people looking into getting a mortgage, but whose finances may not be sufficiently sturdy to handle it.  Important reading. Full release below:     » read more »

A warning for seniors about "reverse mortgages"

The Texas Attorney General has posted some important information for senior citizens considering whether to take advantage of increasingly prevalent and potentially disastrous "reverse mortgage" offers. The warning follows:    » read more »

Nevada launches a home foreclosure help website

Nevada Governor Jim Gibbons has announced the launch of foreclosurehelp.nv.gov, a website to assist Nevada homeowners who may be facing foreclosure. The website is a comprehensive resource designed to help borrowers make informed decisions about mortgage payments.

“This website will serve as a one-stop location online where consumers can obtain information regarding foreclosure, including whom to call for specific help,” said Governor Gibbons.    » read more »

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