| Latest Mortgage Industry News |
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0 Votes | AARP sues HUD over Reverse Mortgage policy |
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In 2008, HUD redefined the word "non-recourse", revising the way Reverse Mortgages have worked since 1989. The change has been painful to some Homeowners ... Shared by Raymond - 9 months, 4 weeks, 1 day, 14 hours, 23 minutes, 59 seconds ago |
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116 visits | 1 Comments
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0 Votes | Lawmaker expects mortgage aid program to end |
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Republican lawmaker, Darrell Issa expects that widely criticized Obama mortgage aid program designed to help struggling borrowers stay in their homes should be ended. According ... Shared by Adonis - 1 year, 2 months, 2 days, 16 hours, 9 minutes, 49 seconds ago |
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| 182 visits | 1 Comments
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0 Votes | Maine homeowners to get foreclosure relief in festive season |
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In an agreement between Maine's attorney general and one of the biggest mortgage lenders, GMAC Mortgage LLC, homeowners facing financial hardship will receive certain reprieves. ... Shared by Jerry - 1 year, 2 months, 1 week, 1 day, 16 hours, 58 minutes, 37 seconds ago |
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| 205 visits | 1 Comments
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0 Votes | Some banks to set tight standards for FHA loans |
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The credit standards for FHA insured loans have been tightened by some banks like Wells Fargo and Bank of America. The minimum credit scores required ... Shared by Niicss - 1 year, 2 months, 2 weeks, 1 day, 15 hours, 31 minutes, 57 seconds ago |
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| 234 visits | 1 Comments
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1 Votes | Tough to get mortgage approval these days |
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With the new rules that took into effect since January, 2010, it has become borrowers to get mortgage pre-approval letters. As per the new rules, ... Shared by Jerry - 1 year, 2 months, 2 weeks, 5 days, 15 hours, 30 minutes, 34 seconds ago |
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| 228 visits | 1 Comments
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0 Votes | Attorneys request courts to dismiss foreclosure cases |
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In a recent development, a large number of attorneys in Maryland have requested the courts to dismiss foreclosure cases which depended on paperwork signed by ... Shared by Jerry - 1 year, 3 months, 6 days, 4 hours, 15 minutes, 51 seconds ago |
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| 234 visits | 1 Comments
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0 Votes | MERS further adds to foreclosure mess |
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A large number of borrowers have complained that the Mortgage Electronic Registration Systems (MERS) has wrongly filed home-seizure actions against them. MERS tracks ownership changes ... Shared by Jameshogg - 1 year, 3 months, 2 weeks, 2 days, 6 hours, 11 minutes, 26 seconds ago |
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| 193 visits | 1 Comments
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