July 28, 2011 (Chris Moore) The Department of Veterans Affairs (VA) has launched a new program to provide financial assistance and support services to help bring an end to Veteran homelessness and to promote housing stability for at-risk Veteran families to prevent them from becoming homeless. […]
March 14, 2011 (Jeff Alan) Bank of America today announced the new “Military Loan Modification Program,” aimed at providing mortgage relief for active duty military customers behind on their payments and extending mortgage protections for servicemembers beyond active duty. The program takes effect April 1, 2011. Read more...
February 23, 2011 (Jeff Alan) Wells Fargo & Co. has agreed to settle a lawsuit that alleges the bank harmed veterans by charging improperly high fees on mortgages. Wells Fargo has agreed to refund up to $10 million in fees to eligible military veterans who refinanced their mortgage with the bank. Wells Fargo has now [...]
February 4, 2011 (Chris Moore) As a military veteran, you’ve earned and deserve this benefit of military service. VA mortgage loans are the last traditional mortgage loan program to offer 100% financing and refinancing on mortgages and have the most flexible credit guidelines available. But even though the program has amazing things to offer, many [...]
September 19 2010 (Jeff Alan) Mortgage giant Fannie Mae announced that it was creating a program to provide mortgage relief for the families of the members of our Armed Forces. The program will suspend mortgage payments for up to six months in cases where the death or injury of a service member created a financial [...]
