Popular Mortgage Industry News

  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 - 5 months, 2 weeks, 6 days, 21 hours, 39 minutes, 43 seconds ago
82 visits | 3 Comments | Are you recommending it?: 100%[2]Yes  0%[0]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 - 1 year, 10 months, 1 week, 1 day, 9 hours, 47 minutes, 44 seconds ago
255 visits | 4 Comments | Are you recommending it?: 100%[3]Yes  0%[0]No

  1

Votes
New credit card law will affect students
When President Barack Obama signed into law the Credit Card Accountability, Responsibility and Disclosure Act of 2009, it included a clause which stated that no ...
Shared by Sara - 3 weeks, 6 days, 1 hour, 19 minutes, 48 seconds ago
20 visits | 1 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
Roth IRA and new conversion rules
Till last year, people with modified adjusted gross income of $100,000 or less were able to convert their traditional IRA accounts into Roth IRA. However, ...
Shared by Sara - 2 months, 1 week, 1 day, 4 hours, 4 minutes, 22 seconds ago
40 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
Downpayment Assistance Program available again in California
California Housing Finance Agency has introduced California Homebuyer's Downpayment Assistance Program (CHDAP) to help people in getting a mortgage. It is a simple interest rate ...
Shared by Sara - 8 months, 3 weeks, 13 hours, 9 minutes, 39 seconds ago
147 visits | 4 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  0

Votes
Jumbo Mortgage Rates Are Lower Than Ever
Jumbo Mortgage Rates Are At An All Time Low. Rates are now below 4.50% for Jumbo Mortgage Loans. You can get the lowest jumbo rates ...
Shared by Bg0427 - 1 month, 2 weeks, 1 day, 20 hours, 36 minutes, 28 seconds ago
24 visits | 2 Comments | Are you recommending it?: 0%[0]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 - 5 months, 4 weeks, 1 day, 21 hours, 25 minutes, 22 seconds ago
77 visits | 3 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

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