Latest Mortgage Industry News

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US unemployment rose in August
US payrolls fell by 54000 and the official unemployment rate rose to 9.6 percent in August from 9.5 percent the previous month,according to the monthly ...
Shared by Buywuwant - 1 year, 4 months, 4 weeks, 2 days, 9 hours, 35 minutes, 56 seconds ago
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New rules issued by FHFA on MBS purchases
The Federal Housing Finance Authority (FHFA) has issued final rules that which will bar the mortgage-finance giants from purchasing mortgage-backed securities (MBS) to meet their ...
Shared by Sara - 1 year, 5 months, 1 hour, 12 minutes, 16 seconds ago
248 visits | 2 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

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Obama tax breaks : Limited help for small biz
NEW YORK (CNNMoney.com) President Obama's plan to offer $200 billion in tax breaks for business that invest in plants and equipment would likely have only a limited ...
Shared by Buywuwant - 1 year, 5 months, 18 hours, 48 minutes, 48 seconds ago
223 visits | 2 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

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Family Insurance Costs Skyrocket 14%
NEW YORK (CNNMoney.com) American workers are taking yet another blow to their wallets this year--- a whopping 14% jump in costs to insure their families . The spike ...
Shared by Buywuwant - 1 year, 5 months, 6 days, 19 hours, 25 minutes, 30 seconds ago
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Broader mortgage aid for underwater homeowners
The Obama administration will be launching it's most ambitious plan to reduce mortgage balance for underwater homeowners on Tuesday, 7.09.2010. It is expected that if ...
Shared by Sara - 1 year, 5 months, 1 week, 5 minutes, 59 seconds ago
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FHA plans to modify its HECM product
Hello Everyone, The Federal Housing Administration (FHA) announced that it plans to make modifications to its Home Equity Conversion Mortgage (HECM) product in order to ...
Shared by Niicss - 1 year, 5 months, 2 weeks, 51 minutes, 19 seconds ago
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Federal Reserve announces ban on yield spread premiums
The Federal Reserve has taken up a new step in order to protect the homeowners. It has announced a new rule which will ban yield ...
Shared by Jerry - 1 year, 5 months, 3 weeks, 1 day, 4 minutes, 10 seconds ago
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