Most people are familiar with the VA Loan, which is a loan program through the Department of Veterans Affairs.

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Earlier this month, Fannie Mae and Freddie Mac announced plans to impose a new 0.5 percent adverse-market fee on mortgage refinances starting Sept. 1.

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The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal.

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Customary in the state of Maryland is a split of transfer and recordation charges between a buyer and a seller. Section 14-104(b) of the Real Property Article, Annotated Code of Maryland provides that, unless otherwise negotiated in the contract

Real Estate Report:

Freddie Mac announced a new program aimed to help keep rents affordable for working families without any federal, state or municipal subsidy. Freddie Mac’s new Mezzanine Loan pilot provides favorable pricing and additional

The Federal Housing Finance Agency (FHFA) recently announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit will be $453,100, a meaningful increase from $424,100 in 2017.

Purchasing a condominium differs from buying a single-family home in more ways than the obvious. Of course, condo ownership offers buyers the convenience of maintenance free living since you don’t have to worry about cutting the grass or shoveling

The U.S. House and Senate approved a package of tax extensions that include an important provision that helps distressed homeowners through extending the Mortgage Forgiveness Tax Relief Act for all of 2014.

The approval will be retroactive for homeowners who sold their home during 2014, and the act

Some proposed changes in credit scoring may have a big impact on how many Americans will qualify for home loans.

Fair Isaac Corporation (FICO), the most widely used credit score, recently announced that the latest version of its score, FICO09, would no

The Maryland Mortgage Program (MMP) is a home loan program that can open up the door to homeownership for many Marylanders who wouldn’t otherwise be able to afford to buy their first home.

This program,

$20 billion in relief for homeowners

The federal government and 49 state attorneys general have settled a lawsuit for $25 billion against the country's five biggest banks for foreclosure processing and mortgage loan servicing problems.

Buyers looking to purchase a home with an FHA backed loan will continue to have more leeway to purchase directly from banks or investors with a recent decision by the Federal Housing Administration to extend its waiver on property anti-flipping rules through 2012.

FHA rules typically prohibit

Real Estate Report: The Ins and Outs of a Short Sale

You've probably heard the term "short sale" by now—a short sale is the phrase used when a homeowner is selling their home, but the list price and/or sale price is less than what is owed on