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Whether you’ve fallen behind on mortgage payments due to a recent job loss, unforeseen expenses or another type of financial hardship, it’s important to understand your options for getting ...
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One of the most tragically funny parts of the housing meltdown has been watching the "glass is half-full" pundits reminding us that as bad as the housing crisis is, most people are still fine.In ...
The data seems to indicate that, while conditions are still difficult, in some ways the crisis is easing: Over the period studied, the percentage of families behind on mortgage payments fell from 2.2 to 1.9; homeowners who thought it was "very likely or somewhat likely" that they would fall behind on payments fell from 6% to 4.6% of families.
Missed payment: You miss your mortgage payment and the 15-day grace period passes. You incur late fees and might receive a call or letter from your lender about the missed payment.
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