Latest Mortgage Industry News

  4

Votes
New bill proposes increase in FHA down payment
Hi, A new bill introduced by Rep. Scott Garrett (R., N.J.) proposes to increase the minimum down payment requirement from 3.5% to 5%. The bill comes ...
Shared by Savior70 - 2 years, 7 months, 3 weeks, 1 day, 18 hours, 51 minutes, 7 seconds ago
622 visits | 4 Comments | Are you recommending it?    75%[3]Yes    25%[1]No

  1

Votes
New rules added to Truth in Lending Act
Hi all, The Federal Reserve has amended the Regulation Z, also known as The Truth in Lending Act (TILA), and added a new set of consumer ...
Shared by Jerry - 2 years, 7 months, 3 weeks, 2 days, 18 hours, 20 minutes, 5 seconds ago
449 visits | 3 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

  2

Votes
Federal Reserve adopts new rules from 1st Oct, 2009
Federal Reserve has decided to adopt new rules from October 1st, 2009. Now onwards, mortgage lenders would have to be careful enough before offering high-cost ...
Shared by Sara - 2 years, 7 months, 3 weeks, 4 days, 20 hours, 40 minutes, 14 seconds ago
357 visits | 3 Comments | Are you recommending it?    100%[2]Yes    0%[0]No

  2

Votes
FHA Moves to Reduce Risk in its Increasing Portfolio
I got latest news about FHA(Federal Housing Administration) Thanks & Regards gunz.ijjistaff [System detected duplicate content, converted into image. Thanks.] ...
Shared by Gunz.ijjistaff - 2 years, 7 months, 4 weeks, 18 hours, 49 minutes, 59 seconds ago
283 visits | 1 Comments | Are you recommending it?    100%[2]Yes    0%[0]No

  1

Votes
Federal Reserve to stretch housing market plan
Federal Reserve has showed confidence in the recovery of the real estate market and has decided to extend the pace of a program intended to ...
Shared by Niicss - 2 years, 8 months, 10 hours, 29 minutes, 53 seconds ago
266 visits | 1 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

  1

Votes
FTC plans to ban upfront fees for loan modification
In order to reduce mortgage related scams that victimize debt ridden consumers, Federal Trade Commission (FTC) is planning to ban the upfront fees for loan ...
Shared by Sara - 2 years, 8 months, 4 days, 9 hours, 56 minutes, 50 seconds ago
366 visits | 3 Comments | Are you recommending it?    100%[1]Yes    0%[0]No

  0

Votes
More foreclosures on the way as thousands of option ARMs reset
Amidst signs of stabilization, with an increase in sales and rise in home prices in certain states, the mortgage industry braces for a fresh set ...
Shared by Savior70 - 2 years, 8 months, 1 week, 7 hours, 34 minutes, 14 seconds ago
676 visits | 2 Comments | Are you recommending it?    0%[0]Yes    0%[0]No

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