Popular Mortgage Industry News

  2

Votes
Federal Reserve tightens mortgage rules to avoid crisis
The Federal Reserve has tightened mortgage rules with the aim to prevent a repetition of the subprime crisis and protect home buyers. The Fed chairman ...
Shared by Sara - 3 years, 6 months, 3 weeks, 2 days, 22 hours, 2 minutes, 58 seconds ago
452 visits | 2 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

  2

Votes
Beware of mortgage fraud:
FBI officials disclosed that the number of mortgage foreclosure has increased compared to the last year. It is also reported that we might even headed ...
Shared by Larry - 3 years, 8 months, 3 weeks, 3 days, 1 hour, 7 minutes, 47 seconds ago
465 visits | 2 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

  0

Votes
Disclosure rule for interim mortgage sale
The Federal Reserve Board has approved a final rule related to interim mortgage sale. According to this disclosure rule, the lenders should notify the consumers ...
Shared by Smith.sussane - 2 years, 2 months, 3 weeks, 1 day, 1 hour, 5 minutes, 38 seconds ago
391 visits | 3 Comments | Are you recommending it?: 0%[0]Yes  0%[0]No

  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 - 2 years, 3 months, 2 weeks, 3 days, 13 hours, 9 minutes, 12 seconds ago
598 visits | 2 Comments | Are you recommending it?: 100%[2]Yes  0%[0]No

  1

Votes
Obama tax breaks : Limited help for small biz
NEW YORK (CNNMoney.com) President Obama's plan to offer $200 billion in tax breaks for business that invest in plants and equipment would likely have only a limited ...
Shared by Buywuwant - 1 year, 4 months, 4 weeks, 1 day, 2 hours, 50 minutes, 29 seconds ago
223 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
New rules issued by FHFA on MBS purchases
The Federal Housing Finance Authority (FHFA) has issued final rules that which will bar the mortgage-finance giants from purchasing mortgage-backed securities (MBS) to meet their ...
Shared by Sara - 1 year, 4 months, 4 weeks, 9 hours, 13 minutes, 57 seconds ago
248 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

  1

Votes
FHA plans to modify its HECM product
Hello Everyone, The Federal Housing Administration (FHA) announced that it plans to make modifications to its Home Equity Conversion Mortgage (HECM) product in order to ...
Shared by Niicss - 1 year, 5 months, 1 week, 4 days, 22 hours, 23 minutes, 57 seconds ago
275 visits | 2 Comments | Are you recommending it?: 100%[1]Yes  0%[0]No

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