The Federal Housing Administration (FHA) recently enacted a rule change allowing borrowers who have fallen into foreclosure, bankruptcy, or a short sale to become eligible for a brand new mortgage backed by the FHA in as little as one year from the date of their previous foreclosure auction, the date of closing… read more →
Love is blind but mortgage companies surely are not. This fact of life is one many newlyweds encounter when hunting for their first home and discover their cumulative credit is far from lovable. So what happens to their “American Dream” when one spouse’s credit is terrific but the other’s isn’t?… read more →