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Estimated reading time: 7 minutes Transferring from another mortgage company? Visit our Welcome Center here. We’re so glad to have you in the Mr. Cooper family. As the…
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Estimated reading time: 3 minutes Here’s a question we get pretty often around here: “Is Mr. Cooper a real mortgage company?” We can understand the confusion. Mr. Cooper…
Estimated reading time: 1 minute The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, was chartered by Congress in 1970 to expand the secondary market for…
Estimated reading time: 1 minute Mortgage insurance protects the investor if the borrower defaults on the loan. It lowers the investor’s risk when funding a home…
Estimated reading time: 1 minute The Federal National Mortgage Association (FNMA), known as Fannie Mae, is a government-sponsored enterprise set up to make mortgages available to…
Sometimes there just isn’t a financially feasible way to keep your home or you may simply decide you want to move on. One option for doing this quickly and effectively, without the…
Estimated reading time: 1 minute A loan modification changes the terms of your loan. This might be necessary if your circumstances change and you are unable to keep up with the…
Estimated reading time: 1 minute If there isn’t a financially feasible way to keep your home, and you’ve decided to move on, a Deed in Lieu of Foreclosure (DIL) may be an…