Popular Mortgage Industry News

  2

Votes
Countrywide plans to reduce subprime loan/Option ARM rates
Bank of America Corporation's Countrywide Unit intends to bring about a mortgage modification program which will help reduce the interest rates on subprime loans and ...
Shared by Sara - 3 years, 3 months, 2 weeks, 1 day, 3 hours, 51 minutes, 6 seconds ago
610 visits | 3 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

  3

Votes
U.S. lawmakers set to write a new mortgage bailout program
A panel of U.S.A House of Representative outlines a new federal bill which can buy 300 billion dollars troubled home loans. It will aid the ...
Shared by Niicss - 3 years, 9 months, 2 weeks, 1 day, 11 hours, 36 minutes, 17 seconds ago
410 visits | 2 Comments | Are you recommending it?: 100%[3]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, 4 months, 2 weeks, 4 days, 1 hour, 52 minutes, 3 seconds ago
337 visits | 3 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
Homeowners restructure loans with the help of Mortgage Clinics
The Neighborhood Assistance Corporation of America, a part of "Save the Dream tour", has helped a lot of people restructure their loans and save their ...
Shared by Sara - 2 years, 5 months, 3 weeks, 3 days, 16 hours, 9 minutes, 44 seconds ago
377 visits | 3 Comments | Are you recommending it?: 100%[1]Yes  0%[0]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, 4 months, 6 days, 23 hours, 46 minutes, 15 seconds ago
398 visits | 3 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
Govt. sets up Connecticut Mortgage Fraud Task Force
Hi all, In an effort to counter the increasing number of mortgage frauds, the US Govt. has formed Connecticut Mortgage Fraud Task Force. This new anti-fraud ...
Shared by Savior70 - 2 years, 5 months, 3 weeks, 4 days, 12 hours, 55 minutes, 23 seconds ago
411 visits | 3 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  2

Votes
FHA plans to require borrowers to produce more cash for down payments
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Shared by Elnora.little - 2 years, 2 weeks, 4 days, 11 hours, 34 minutes, 28 seconds ago
297 visits | 2 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

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