Mortgage Newsletter (7/30/2010)
Dear Mortgage4House.com Readers,
Welcome to the Mortgage Newsletter (7/30/2010). In this edition we have included news, articles and videos. You can find more resources on our website: Mortgage4House.com.
Mortgage News
Congress Restores Rural Mortgage Help
The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its way to President Obama. (More)
Mortgage rates fall to 4.54 percent
The Associated Press Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans. (More)
Top consumer complaints of 2009
They don’t use a gun, but scammers and dishonest business operators can steal significantly more money than any bank robber. (More)
Mortgage brokers to be fingerprinted, registered
Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to new rules issued by the Federal Reserve and other regulators. Mortgage – Business – Mortgage broker – Federal Reserve System – Financial Services (More)
Mortgage lenders must register in database
WASHINGTON — Loan officers at banks will be re quired to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble. (More)
Mortgage brokers to be fingerprinted and registered
Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators. (More)
Mortgage Articles
Obama Government Home Loan Modification Program – How to Win With Your Bank
There is no sense in trying to deny the hard facts, the economy in the US right now is not in the best shape. People from all walks of life are feeling the financial crunch. Don’t get me wrong, there are signs that the economic situation is getting better, but for many home owners it has become painfully clear they may have to lose their homes because they cannot keep up with the current mortgage payments. (More)
Mortgage Leads – How Can I Sell Them to Other Professionals?
Mortgage is a contract with a bank or a similar organization, from where you can borrow money for some purpose, especially for buying a house or an apartment. Every good mortgage lender knows very well that leads are one of the best ways to expand the business and it also help to stay employed. Mortgage leads are basically people who are interested in mortgages. (More)
Reverse Mortgage Can Be a Lifesaver for Retirees
Senior citizens can draw a lot of benefits from reverse mortgage loan. This can be used to pay for unexpected expenses and needs during your retirement. It is specifically created to give new income … (More)
Buy to let remortgage advice
As a property owner, you may opt to review your financial plans on a regular basis for the purpose of releasing enough equity with Buy To Let Remortgage. Various reasons will motivate you to think of … (More)
This newsletter is provided by Mortgage4House.com.