Mortgage Forums Arrow Image Mortgage News Arrow Image

Bank Regulators decide upon Mortgage Rules and Regulations

Shared by Samantha on Sun Jul 01, 2007 11:20 pm

Banking regulators completed guidelines for lenders so that they can evaluate a borrower's ability to pay off the home loans. This has been initiated in response to the troubled housing market where home prices have been going down and loan defaults have been on the rise.

Source: http://www.forbes.com/feeds/ap/2007/06/29/ap3871537.html
image
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk



DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0