The Federal Reserve Bank of Boston's Consumer Resource for Mortgages and Foreclosures
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link to choosing a mortgage page
link to refinancing page
link to credit report and score page page
link to facing foreclosure page
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Reverse Mortgages: Are They for You? (pdf)
From the U.S. Office of the Comptroller of the Currency (OCC)
Public Service Announcement on Foreclosure Scams (30-second video)
MakingHomeAffordable.gov (offsite)
Self-assessment tools, calculators, and resources to help homeowners determine whether they might be eligible for a home loan modification or a refinance under the Home Affordable Refinance Program
5 Tips Series from the Board of Governors (offsite)
A Consumer's Guide to Mortgage Refinancings
The Federal Reserve Board of Governor's resource to help consumers make informed choices when refinancing a home loan.
HOPE for Homeowners Program:
Assistance Offered to Struggling Homeowners by New Housing Law
This new law contains provisions that will help some homeowners refinance into a more affordable mortgage. Borrowers must meet various criteria in order to qualify, and lenders are not required to participate in the plan. The provisions take effect on October 1, 2008, and run through September 30, 2011.
Fed Approves New Rules for Home Mortgage Lending
Final rules for Regulation Z (Truth in Lending) aim to protect consumers and facilitate responsible lending.
TheInformedHomebuyer.org is here to help consumers make better informed decisions about obtaining or refinancing their mortgages. This website is intended for educational purposes only. The Federal Reserve Bank of Boston does not offer mortgage products. The Federal Reserve Bank of Boston does not provide mortgage advice and will not endorse or promote any particular mortgage lending institution.