02 Feb

Improving Mortgage Loss Mitigation with a Digital Forecasting Platform

Improving Mortgage Loss Mitigation with a Digital Forecasting Platform
Handling mortgage loan repayments can be a challenge, especially during unpredictable market conditions. Statistical models may not be able to accurately forecast risk, while keeping track of changes in economic variables. Mortgage companies therefore must …
Read more on
tcs.com


What to Know About Getting a Second Mortgage
Homeowners who have enough equity in their homes can take on second mortgages. Getting a second mortgage can be beneficial to someone who might need to use the money to pay off outstanding debts or remodel their home. At the same time, it can also be a …
Read more on
smartasset.com


Retirees Should Think Twice About Paying Off the Mortgage
The countdown to retirement is on for millions of baby boomers and, thanks to a lifetime of diligent saving, some have amassed enough wealth to pay off their mortgages and live debt free. Conventional wisdom says it’s best to pay off your mortgage before …
Read more on
CNBC


Avoid paying taxes on forgiven mortgage debt
(MoneyWatch) It could be the ultimate tax kick in the gut — if you don’t know how to stop it. A new federal rule regarding the tax treatment of mortgage debt forgiveness may soon change, requiring homeowners who qualify for principal reduction under the …
Read more on CBS News