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Industry News
Bank Regulators decide upon Mortgage Rules and Regulations
| Shared by Samantha on Sun Jul 01, 2007 11:20 pm | |
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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 |
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• Mortgage Guide
• Mortgage Terminology
• Industry 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
• Mortgage Planner
• Simple Budgeting Tool
Community Rewards
• Five simple ways to earn money with the Mortgage Community.
Explore the lender near you