Mortgage Acts and Practices
Fixed-rate mortgages were on the rise this week on reports of higher home sales and an improving job outlook.
Three of the nation's largest banks are falling short of new standards for dealing with mortgage customers, according to a report released by the Office of Mortgage Settlement Oversight.
Realtors® applaud new rules from the Consumer Financial Protection Bureau that will help home buyers receive timely, accurate, and easy-to-understand information about their mortgage loan before closing.
On behalf of the leading advocate for homeownership and housing issues, NAR President Gary Thomas recommended essential reforms to the current housing finance structure that will benefit consumers.
Residual delays anticipated as programs restart after 16 day lapse.
Mortgage preapprovals are a way for home buyers to know what they can afford. They're also a way to demonstrate commitment to home sellers. So why are they losing favor among lenders?
An increase in mortgage applications for refinancings was offset by a large decrease in applications for home purchases last week, the Mortgage Bankers Association reports.
A San Francisco company is offering home buyers down payment assistance, but it comes with one big catch: Home owners will have to share any future gains on the home's value.
The U.S. Department of Housing and Urban Development has reportedly postponed a ban that was to prevent real estate professional from representing both buyers and sellers in FHA pre-foreclosure transactions.