Private mortgage insurance (PMI) is a type of mortgage insurance for conventional loans that protects the lender in case you default on your mortgage. Home buyers who make a down payment of less ...
Scraping together a down payment for a home is a challenge, especially in today’s housing market. But one persistent ...
As tax season approaches, many homeowners find themselves sifting through receipts and financial documents, searching for ...
MGIC Investment is well-positioned for future success but faces challenges due to a sluggish housing market and high mortgage ...
Don’t forget that a down payment of less than 20% will require you to pay private mortgage insurance (PMI). FHA ARM loans only require a 3.5% down payment, but paying that amount means you’ll have to ...
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What Is a Mortgage Loan Servicer?
A mortgage loan servicer is a company that takes care of tasks related to administering a home loan, such as sending statements, tracking your balance and answering questions.