Good News: Mortgage Default Rate Plunged, HAMP Grade Surged
In the midst of discouraging news about housing starts and home builder confidence, there are at least two good news stories about the U.S. housing sector this week. First, the default rate for...
View ArticleBuying a Home? Check out Special Offers from Fannie Mae
Fannie Mae continues to find ways to make home buying easier and less costly for you. Since 2009, this agency has been backing two out of every five single-family loans securitized in the country....
View ArticleThree Kinds of Notices Sent by Mortgage Lenders to Home Loan Applicants
Under new rules, there are now three main kinds of disclosure notices mortgage lenders send to home loan applicants. These are the: Credit Score Disclosure Notice Risk-Based Pricing Notice Adverse...
View ArticleDown Payment Assistance for Home Buyers in Florida and Other States
If you need some help with your down payment for a home, check if your state, county or city has an assistance program for down payments. Florida, California, North Carolina and West Virginia are among...
View ArticleHome Loans from Quicken Loans, Top Mortgage Lender in J.D. Power 2010 Survey
Check out the different types of home loans available from Quicken Loans, chosen by 4,516 homeowners as the best mortgage lender in 2010. These customers ranked Quicken the highest for its most...
View ArticlePayment Trends for Home Loans Improved in 2010
More mortgage borrowers were able to make their monthly home loan payments in the fourth quarter of 2010 compared to previous quarters, according to the Office of the Comptroller of the Currency and...
View ArticleMortgage Loans — 14 Banks Told to Reform Practices
Fourteen mortgage banks and two mortgage-related firms were issued enforcement orders by the Federal Reserve Board and the Office of Thrift Supervision to audit their policies and practices on mortgage...
View ArticleList of Lenders for Florida Mortgage and Down Payment Assistance Programs
Are you a first time homebuyer looking for down payment and closing cost assistance? Or if not a first time buyer, are you a veteran? Or are you open to buying a home in a federally designated...
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