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House’s Spotlight on Mortgage Financing and Foreclosure Program
Events in the mortgage financing world and the foreclosure program supported by President Barack Obama have been in the House’s spotlight for quite a while. The Financial Services committee planned...
Mortgage Financing on the Right Track Last Quarter
The Mortgage Bankers Association boasts of the drop in the delinquency rate of last quarter of 2010. From the rate of 9.13 last July to August 2010, the delinquency rate...
Florida Home Owners Face Foreclosure Crisis
Recent reports and statistics revealed that although there were a few home owners who fail to pay their monthly mortgage fees the number of foreclosure cases in the US continues...
Low Mortgage Rates-Is Anyone Taking Advantage?
LOW MORTGAGE RATES - With a view to accelerate the growth rate of the US economy, the federal government’s policy of pumping billions of freshly minted dollars to acquire treasuries...
Dec Foreclosures Fell 26%, 2010 Filing Hits Record High
In December of 2010 foreclosures fell 26% but for the year foreclosure filing hit a record high which was 2% higher than 2009 according to RealtyTrac reports. Almost 2.9 million...
Home Equity Loans Attractive For More Uses
Home owners are not just using home equity loans for buying new homes anymore, many people are using a home equity loan to remodel, renovate or repair their current home....