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IL Attorney General sues 7 mortgage rescue companies
Illinois Attorney General Lisa Madigan has sued 7 mortgage rescue companies and warned consumers about rising foreclosure scams to which homeowners fall a prey. In ...
Shared by Samantha - 1 day, 17 hours, 9 minutes, 32 seconds ago
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Home buyers to get proper disclosures on loan terms and costs
Mortgage lenders and brokers will now have to provide home buyers detailed information on the loan terms and closing costs under the HUD guidelines stated ...
Shared by Sara - 1 week, 15 hours, 9 minutes, 8 seconds ago
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Reduced Home loan cap can make it harder to get mortgage
The cap on single family mortgages in San Diego that can be purchased by Freddie Mac and Fannie Mae will be reduced from $697,500 to ...
Shared by Sara - 1 week, 3 days, 16 hours, 7 minutes, 57 seconds ago
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Mortgage rates drop down: Lenders raise credit standards
Mortgage rates have dropped down this week amidst a reduction in consumer spending and weakening job market. 30 year fixed mortgage rates will be available ...
Shared by Samantha - 1 week, 6 days, 16 hours, 38 minutes, 42 seconds ago
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US mortgage application drops to 8 year low
US mortgage applications reduced last week to 8 year low. This included a 30% slump in demand for refinancing. The primary reason behind the drop ...
Shared by Sara - 2 weeks, 17 hours, 55 minutes, 45 seconds ago
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J.P Morgan joins other lenders in offering loan modification program
J.P Morgan Chase and Co. plans to come up with a loan modification program for borrowers who're behind on their mortgage payments. Those having ARMs ...
Shared by Sara - 2 weeks, 3 days, 16 hours, 37 minutes, 47 seconds ago
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Countrywide plans to reduce subprime loan/Option ARM rates
Bank of America Corporation's Countrywide Unit intends to bring about a mortgage modification program which will help reduce the interest rates on subprime loans and ...
Shared by Sara - 3 weeks, 6 days, 15 hours, 57 minutes, 11 seconds ago
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