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What is mortgage protection insurance, and what are the pros and cons?

Consider our comprehensive guide to mortgage protection insurance, how it works and key considerations for safeguarding your real estate. read more

CFPB takes action to stop illegal junk fees in mortgage servicing

“Homeowners cannot just simply switch providers if their mortgage servicer charges them illegal junk fees," said CFPB Director Rohit Chopra. "Since mortgage borrowers are captive to a company they ... read more

Protecting Your Loved Ones: Why Mortgage Life Insurance is a Smart Investment

When it comes to safeguarding the ones we love, there’s no room for compromise. In a world filled with uncertainties, having a secure financial future is paramount. That’s why mortgage life insurance ... read more

Mortgage Servicers Added To Junk-Fee Naughty List

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other ... read more

Your personal finance questions – I have loan approval but can I shop around for mortgage protection cover?

Q I have received mortgage approval and hope to be in a position to draw down my first mortgage as we have put a bid on a house recently. I understand that I will need to take out a mortgage ... read more

In its war on ‘junk fees,’ CFPB targets mortgage servicing

The CFPB's new Supervisory Highlights report details how a war on 'junk fees' is targeting mortgage servicers. read more

CHLA president addresses various consumer protection measures

It was initially billed as a discussion centered on the “biggest threats to a healthy mortgage landscape for homebuyers,” but some breaking news disrupted some of those plans. Having just enough time ... read more

Can't make your mortgage? Here are some options

Keep an eye out for mortgage relief scammers, who may promise to change the terms of your loan or guarantee that you’ll keep your house. According to the Federal Trade Commission, asking for payment ... read more

What is an assumable mortgage and is it right for you?

An assumable mortgage is when the buyer takes over the ... USDA refinance loans), according to the Consumer Financial Protection Bureau's analysis of the 2022 Home Mortgage Disclosure Act data. read more

Mr. Cooper Mortgage Review 2024: Online Mortgage Options With Opportunities To Save

Mr. Cooper is an online mortgage company that provides home loans to customers across the U.S. In addition to standard mortgage options, the company provides borrowers with a number of ways to save ... read more

What are today's mortgage and mortgage refinance interest rates?

Nowadays mortgage rates are closer to 6-7% ... scores in the mid- to high-700s or above," the Consumer Financial Protection Bureau's website states. "These borrowers typically also have the ... read more

Mutual of Omaha Mortgage Review 2024: Purchase and Refinance Mortgages with Decent Rates and Excellent Ratings

Mutual of Omaha Mortgage reviews from its customers average nearly 5 stars, but its interest rates may be a bit higher than those from some of its competitors. read more