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Explains how reverse mortgages (RMs) can help older homeowners who are “house-rich but cash-poor” remain in their homes and still meet their financial obligations. Explains how the three types of RMs work: single-purpose, federally-insured, and proprietary; and how to get a good deal, and where to More information...
Audience: Individual
Type of Resource: Brochure
Date: 2/22/2013
Cautions homeowners about so-called specialized law firms who urge them to participate in "mass joinder" lawsuits against their mortgage lenders as a way to get favorable loan modifications and stop foreclosure. More information...
Audience: Individual
Type of Resource: Fact Sheet
Date: 2/22/2013
Having trouble resolving an issue with a credit union? This site provides consumer assistance in filing a complaint against a credit union. More information...
Audience: Individual
Type of Resource: Website
Date: 2/19/2013
This website, and downloadable brochure, provides information on how mortgage modification programs can help those at risk of foreclosure save their home. More information...
Audience: Individual
Type of Resource: Brochure Website
Date: 3/28/2012
This website provides information that may be helpful to consumers, financial institutions, and the community groups working with them on foreclosure-related issues. More information...
Type of Resource: Website
Date: 3/28/2012
This special edition of FDIC Consumer News puts special focus on staying focused and avoiding costly decisions during major life events. More information...
Audience: Individual
Type of Resource: Article Website
Date: 3/28/2012
This website, with downloadable brochure provides information on common foreclosure prevention scams, tips for detecting fraudulent deals, and resources for reporting criminal activity. More information...
Audience: Individual
Type of Resource: Article Brochure Website
Date: 3/27/2012
If you are having difficulty making your mortgage payment, one of the most important things you can do is seek assistance. This website provides information and links to agencies and organizations that may be able to help you with mortgage payments and keep your home. More information...
Audience: Individual
Type of Resource: Website
Date: 3/28/2012
The Federal Reserve Banks have established Foreclosure Resource Centers to help address local and regional challenges in their mortgage markets and local communities. The site probides background information and links regional foreclosure centers, where you’ll find resources for small More information...
Audience: Individual
Type of Resource: Website
Date: 3/28/2012
The article explains reverse mortgages and highlights their risks. Reverse mortgages are complex loans, and are secured by your home. It is important to understand their terms, risks, and costs before you sign a reverse mortgage contract. It is also important to consider alternatives to reverse More information...
Audience: Individual
Type of Resource: Article Website
Date: 3/28/2012