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Mortgage Acts and Practices

February 18, 2014
Fannie Mae is offering temporary closing cost assistance of up to 3.5 percent of the final sales price in 27 states to owner occupants of REO homes.
February 12, 2014
Janet Yellen, the new Federal Reserve chairman, says that in spite of rising mortgage rates, housing has “good fundamentals” and is expected to continue to improve.
February 11, 2014
The Department of Justice is accusing lending giant JPMorgan Chase of approving thousands of loans for the Federal Housing Administration and Veterans Affairs that should not have been eligible for federal insurance.
February 11, 2014
Home mortgage applications ticked up slightly by 0.4 percent in the latest week, while mortgage rates posted a big drop.
February 11, 2014
Mortgage rates continued to inch down this week as the 30-year fixed-rate mortgage averaged 4.23 percent, Freddie Mac reports.
February 11, 2014
The Consumer Financial Protection Bureau is making it easier to view information the government collects on home mortgages and access to credit, while the agency mulls requiring more data from lenders.
February 11, 2014
The mortgage giant asks why more home owners haven't taken advantage of lower interest rates by refinancing.
January 29, 2014
In his State of the Union speech last night, the president asked Congress to reform mortgage finance to keep homeownership accessible without risking another taxpayer-funded meltdown.
January 29, 2014
Mortgage applications moved slightly lower last week, as interest rates dipped to the lowest averages since November, the Mortgage Bankers Association reports.
January 29, 2014
As 30-year mortgage rates trend higher, more home buyers are being lured to the low introductory rates of adjustable-rate mortgages, a new survey shows.

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