Mortgage Acts and Practices
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.
Loan modifications are strengthening the housing recovery by helping decrease delinquencies and foreclosures, analysts say.
Mortgage rates inched lower after the Federal Reserve announced its decision to delay tapering its bond-buying program, offering some relief to home buyers.