| Popular Mortgage Industry News |
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2 Votes | FHA lowers principal limit for reverse mortgages |
| Homeowners, 62 years or older, would now find it difficult to pay off their current mortgage debt obligations and turn their home equity into cash ... Shared by Savior70 - 1 month, 2 weeks, 1 day, 37 minutes, 47 seconds ago |
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47 visits | 3 Comments | Are you recommending it?: 100%[2]
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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 - 1 month, 3 weeks, 1 day, 4 hours, 39 minutes, 51 seconds ago |
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| 49 visits | 3 Comments | Are you recommending it?: 100%[2]
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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 - 3 months, 2 weeks, 1 day, 7 hours, 45 minutes, 8 seconds ago |
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| 83 visits | 4 Comments | Are you recommending it?: 100%[2]
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1 Votes | "Robocalls" banned by FTC |
| After lots of complaints from consumers, the Federal Trade Commission has banned robocalls (telemarketing pitches). Unless the consumers have given pre-approval in writing, the telemarketers ... Shared by Niicss - 2 months, 1 week, 2 days, 18 hours, 20 minutes, 35 seconds ago |
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| 64 visits | 4 Comments | Are you recommending it?: 100%[1]
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2 Votes | California law bans upfront fees for loan modifications |
| Hi everyone,
A new law, prohibiting collection of advance fees by providers of loan modification services, has come into effect in the state of California. The ... Shared by Jerry - 1 month, 4 hours, 16 minutes, 47 seconds ago |
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| 38 visits | 2 Comments | Are you recommending it?: 100%[2]
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2 Votes | Mortgage reporting rules: What are the affects on credit score? |
| Until Oct 31st, 2009, the mortgage lenders reported mortgage modifications in various ways – paid as agreed, partial payments etc. Reporting of mortgage modification as ... Shared by Niicss - 2 weeks, 4 days, 14 hours, 1 minute, 21 seconds ago |
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| 26 visits | 1 Comments | Are you recommending it?: 100%[2]
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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 - 1 month, 2 weeks, 6 days, 2 hours, 19 minutes, 42 seconds ago |
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| 47 visits | 3 Comments | Are you recommending it?: 100%[1]
0%[0]
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• Mortgage Guide
• Mortgage Terms
• Mortgage News
• Book Center
• Shop and Compare lenders
• 30 Yr. Fixed Vs. 5/1 ARM
Calculators [View all]
• Are you eligible for loan?
• How much you can afford?
• Calculate monthly payment
• Calculate APR
Financial Tools
• Credit Repair Tool
• Mortgage Planner
• Simple Budgeting Tool
Our Community
• MortgageFit Blog
• Community Professionals
• Community Rewards
• Introduce yourself
• Website tools
Community Rewards
• Five simple ways to earn money with the Mortgage Community.
Explore the lender near you
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