Popular Mortgage Industry News

  12

Votes
Democratic Home Mortgage Bill:
On Thursday the House of Representative passed the Home Mortgage Bill to provide limited relief to the defaulted homeowners. The main provision of this bill ...
Shared by Larry - 3 years, 9 months, 2 days, 18 hours, 22 minutes, 27 seconds ago
3440 visits | 516 Comments | Are you recommending it?: 75%[9]Yes  25%[3]No

  3

Votes
New consumer-friendly mortgage product all set to hit the US market
A new mortgage product, in the name of Alternate Mortgage Fund (AMF) is all set to hit the US market in the next 6 months ...
Shared by Brian Dela Cruz - 2 years, 6 months, 1 week, 5 days, 8 hours, 4 minutes, 2 seconds ago
912 visits | 6 Comments | Are you recommending it?: 100%[3]Yes  0%[0]No

  1

Votes
Tax credit can now be turned into cash while closing!!!
Great news for first time homebuyers! Henceforth the first-time home buyers nationwide will be able to turn their federal tax credit of $8000 into cash ...
Shared by Niicss - 2 years, 8 months, 10 hours, 55 minutes, 59 seconds ago
705 visits | 6 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  5

Votes
Mortgage groups blast parts of Senate housing bill
The mortgage industry is urging the lawmakers to drop pieces of the Housing Bill. It is actually too strict and restrictive on the lenders. Six ...
Shared by Larry - 3 years, 7 months, 3 weeks, 1 day, 15 hours, 5 minutes, 40 seconds ago
767 visits | 5 Comments | Are you recommending it?: 80%[4]Yes  20%[1]No

  3

Votes
Rates go down on Jumbo mortgage:
The good news is the rates on Jumbo-confirming mortgages have gone down. Rate on 30 year FRM Jumbo-confirming was 6.125 percent with no points and ...
Shared by Niicss - 3 years, 8 months, 4 weeks, 1 day, 4 hours, 22 minutes, 6 seconds ago
781 visits | 4 Comments | Are you recommending it?: 100%[3]Yes  0%[0]No

  2

Votes
Incentives for home energy efficiency
We are all aware that owners of energy efficient homes get various incentives from the federal government – higher tax credits for solar water heaters, ...
Shared by Sara - 2 years, 6 months, 4 days, 8 hours, 50 minutes, 19 seconds ago
559 visits | 4 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

  0

Votes
Minimum Credit score for FHA loans increased
Borrowers will now require a minimum credit score of 620 in order to get a FHA loan. This has come into effect from 6th of ...
Shared by Sara - 2 years, 10 months, 4 weeks, 15 hours, 16 minutes, 21 seconds ago
660 visits | 5 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

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