7 factors that determine your mortgage interest rate

If you’re like most people, you want to get the lowest interest rate that you can find on your mortgage loan. But how is your interest rate determined? That can be difficult to figure out for even the savviest of mortgage shoppers. Your lender knows how your interest rate gets determined, and we think you [...]

By |2017-05-20T11:45:13-05:00January 20th, 2015|News|Comments Off on 7 factors that determine your mortgage interest rate

Nearly half of mortgage borrowers don’t shop around when they buy a home

Buying a home is a big purchase, but it’s just that: a purchase. When it comes to spending money on our daily expenses, we have lots of options to help us find the best deal possible. Take, for example, digital gadgets. To get a good deal you can search for sales, find coupon codes, and [...]

By |2017-05-20T11:45:13-05:00January 13th, 2015|News|Comments Off on Nearly half of mortgage borrowers don’t shop around when they buy a home

Senate Passes Tax Bill That Includes Key Mortgage Deductions

The Senate approved a bill late Tuesday that would retroactively extend over 50 expiring tax provisions for one years, including one that shields distressed homeowners from paying taxes on any mortgage debt forgiven in a short sale. News

By |2014-12-31T02:13:20-06:00December 31st, 2014|News|Comments Off on Senate Passes Tax Bill That Includes Key Mortgage Deductions

What Obama’s Immigration Plan Means for Mortgage Lenders

Giving roughly 5 million immigrants at least temporary relief from deportation could conceivably ease lenders' and borrowers' qualms about mortgages to undocumented workers who qualify with individual taxpayer identification numbers. News

By |2014-12-24T00:12:57-06:00December 24th, 2014|News|Comments Off on What Obama’s Immigration Plan Means for Mortgage Lenders

Mortgage Modification Operation Settles FTC’s Charges

A Florida-based mortgage modification business and its owner are banned from the industry as part of a settlement resolving Federal Trade Commission charges that he tricked financially strapped consumers into paying for mortgage-relief services that he never provided. Collection & Credit Risk

By |2014-12-17T15:54:34-06:00December 17th, 2014|FCRA|Comments Off on Mortgage Modification Operation Settles FTC’s Charges

FHFA Concessions Show Mortgage Lenders Have Regained Sway in D.C.

Federal Housing Finance Agency Director Mel Watt has struck a conciliatory tone, seeking lenders' input and making loan-buyback rules more industry-friendly — a clear signal the administration thinks it needs bankers' help to reignite the tepid housing recovery. News

By |2014-12-09T20:12:44-06:00December 9th, 2014|News|Comments Off on FHFA Concessions Show Mortgage Lenders Have Regained Sway in D.C.

Proposed changes to our Mortgage Servicing Rules: New protections for surviving family members and other homeowners

Today, we’re proposing changes to our Mortgage Servicing Rules, which took effect on January 10, 2014. These rules provide important protections for consumers with mortgages, including: Requiring mortgage servicers (people who manage your mortgage loan account) to provide you with periodic mortgage statements or coupon books that give you important information about your mortgage. Requiring [...]

By |2017-05-20T11:45:16-05:00November 21st, 2014|News|Comments Off on Proposed changes to our Mortgage Servicing Rules: New protections for surviving family members and other homeowners

Social Security disability income shouldn’t mean you don’t qualify for a mortgage

More than 15 million people receive Social Security disability income every year. For those relying on this income, qualifying for a mortgage can unfortunately become a challenge when lenders ask for proof of how long they will receive their benefits. Today, we’re reminding lenders that placing unnecessary documentation requirements on recipients of Social Security disability [...]

By |2017-05-20T11:45:16-05:00November 19th, 2014|News|Comments Off on Social Security disability income shouldn’t mean you don’t qualify for a mortgage

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Dallas TX 75234

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Fax: (214) 556-2299

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