Homeownership

Unveiling the Department of Housing and Urban Development (HUD), its mission, programs, and contributions to affordable housing and community development in the U.S.

Discover the benefits of Form 8396 for claiming mortgage interest credit and learn about eligibility, filing, and special considerations.

Dive into the transformative impact of the National Housing Act, its contributions to homeownership, and its continuing legacy, including the systemic challenges it created.

Discover how the Hope Now Alliance aimed to combat home foreclosures through a unique public-private initiative.

Learn vital information about mortgage forbearance agreements, how they work, and how they differ from loan modifications. Discover critical details about COVID-19 related forbearance, eligibility requirements, and what to expect once forbearance ends.

Discover insights into what it means to be house poor, how to avoid this common predicament, and practical solutions to manage if you find yourself in such a situation.

A comprehensive guide to foreclosure, detailing the process, its variations by state, and how borrowers can avoid it.

Discover everything you need to know about the Home Affordable Refinance Program (HARP), an initiative introduced after the 2008 financial crisis to help homeowners manage underwater mortgages. Learn how the program operated, the key benefits it provided, and what current options are available for similar financial assistance.

Explore how FHA loans can turn homeownership dreams into reality with lower down payments and more lenient credit requirements.

Explore the evolving concept of the American dream, its roots, advantages, and disadvantages, and what it means for today's society.

Explore the advantages and disadvantages of voluntary foreclosures and learn essential strategies for managing this financial option to safeguard your future.