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Housing counseling: Help or hindrance for borrowers?
November 25, 2014
Borrowers pursuing a home loan must decide whether or not to seek housing counseling, a move being hotly debated in many circles.
Some evidence suggests that housing counseling with a third party does improve loan performance, and the Federal Housing Administration is on the verge of launching a pilot program to incentivize borrowers. Opponents, however, say that more effective measures are available.
More like this
- Congress Eliminates Homeowner Assistance Program
- Housing Counseling Is Worth Every Cent
- Left and Right come together to pioneer a 15-year loan program for low-income borrowers
- FHFA outlines what it will require to limit risk of 3 percent down payment loans
- Lax Credit for Home Buyers as FHA-backed Insurance Premiums Decrease
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