will.i.am Home Mortgage Relief Program

A mortgage assistance program for people at risk of losing their homes to foreclosure was launched by the famous hip hop singer will.i.am of the Black Eyed Peas in 2010.

It is called the will.i.am Home Mortgage Relief Program. He created the i.am home fund to collect donations for families struggling with their mortgages, and at risk for losing their homes to foreclosure. (more…)

Know Before You Owe: You’ll get 3 days to review your mortgage closing documents

(Source: CFPB) On August 1, the Know Before You Owe mortgage rule goes into effect. One of the important requirements of the rule means that you’ll receive your new, easier-to-use closing document, the Closing Disclosure, three business days before closing. This will give you more time to understand your mortgage terms and costs, so that you know before you owe. (more…)