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Borrowers
Serious delinquencies decline as borrowers find post-forbearance options
Drop of growth before group of borrowers with long-term delinquencies resulted in a drop in total arrears during the third quarter, as many found post-forbearance alternatives, data from the Mortgage Bankers Association suggests.The overall…
Here’s the # 1 question borrowers facing foreclosure should ask themselves, Mortgage Expert…
Homeowners who are struggling financially have options. Here is the main question they should ask themselves in this situation. (iStock) As mortgage forbearance periods draw to a close, the latest Mortgage Bankers Association…
Pagibig Fund gives borrowers the chance to save homes
IT COULD still be a merry Christmas for those struggling to keep their homes amid the economic fallout from the 2019 coronavirus disease (Covid-19) pandemic.The Home Development Mutual Fund, better known as the Pag-ibig Fund,!--mobileAd-->…
Borrowers say they have been wrongly denied a loan forgiveness. Now help is on the way
The US Department of Education has said it will contact federal student loan borrowers who may have been prematurely denied a loan forgiveness under the revamped Public Service Loan forgiveness program (PSLF), and will process their…
How a strong CIBIL score can help mortgage borrowers this holiday season
While a bank or lender will decide on a credit card's limits, it is recommended that you keep credit usage below 30% of that limit.A house is more than walls and a roof. Buying a home is probably one of the most important emotional and…
Defaulting student loan borrowers could have their child tax credit payments foreclosed
A sign is displayed outside the White House on June 15, 2021 in Washington, DC. Paul Morigi / Getty ImagesPublic Citizen has led more than 100 organizations to ask Biden to write off student debt or extend the payment break.They wrote that…
PPP borrowers should beware of embezzlement
Whistleblowers pose a significant threat to recipients of government stimulus funds, including programs like the Paycheck Protection Program.At the end of August, the Justice Department announced the first settlement under the False Claims…
PTPTN borrowers want discounts on loan settlement
PETALING JAYA: It's been three years since discounts were offered to borrowers from the National Higher Education Fund Corporation (PTPTN), and they are!-->…
BNZ tells borrowers they can’t borrow more than six times their income
Chris McKeen / StuffBNZ says it is taking action as a responsible lender.BNZ limits the amount people can borrow to buy a house to six times their income when they apply for a loan through a broker. It is the first traditional bank to…
LTO brings durable goods to ineligible borrowers
Millions of people with poor or no credit can be considered the “invisible” of the retail industry, whose options to purchase many items were extremely limited, until recently. The increase in Buy Now, Pay Later (BNPL) installments is…