| Popular Mortgage Industry News |
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2 Votes | Mortgage reporting rules: What are the affects on credit score? |
| Until Oct 31st, 2009, the mortgage lenders reported mortgage modifications in various ways – paid as agreed, partial payments etc. Reporting of mortgage modification as ... Shared by Niicss - 4 days, 1 hour, 27 minutes, 6 seconds ago |
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18 visits | 1 Comments | Are you recommending it?: 100%[2]
0%[0]
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9 Votes | Democratic Home Mortgage Bill: |
| On Thursday the House of Representative passed the Home Mortgage Bill to provide limited relief to the defaulted homeowners. The main provision of this bill ... Shared by Larry - 1 year, 5 months, 4 weeks, 1 day, 15 hours, 12 minutes, 4 seconds ago |
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| 360 visits | 10 Comments | Are you recommending it?: 77%[7]
22%[2]
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4 Votes | New bill proposes increase in FHA down payment |
| Hi,
A new bill introduced by Rep. Scott Garrett (R., N.J.) proposes to increase the minimum down payment requirement from 3.5% to 5%. The bill comes ... Shared by Savior70 - 1 month, 4 days, 14 hours, 16 minutes, 29 seconds ago |
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| 52 visits | 4 Comments | Are you recommending it?: 75%[3]
25%[1]
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3 Votes | Forbearance for the unemployed |
| As unemployment levels have reached its peak, the Federal Deposit Insurance Corporation (FDIC) has urged that the lenders should offer forbearance to the borrowers who ... Shared by Sara - 1 month, 2 days, 16 hours, 52 minutes, 37 seconds ago |
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| 48 visits | 3 Comments | Are you recommending it?: 100%[3]
0%[0]
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2 Votes | FHA lowers principal limit for reverse mortgages |
| Homeowners, 62 years or older, would now find it difficult to pay off their current mortgage debt obligations and turn their home equity into cash ... Shared by Savior70 - 1 month, 12 hours, 3 minutes, 32 seconds ago |
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| 41 visits | 3 Comments | Are you recommending it?: 100%[2]
0%[0]
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2 Votes | New consumer-friendly mortgage product all set to hit the US market |
| A new mortgage product, in the name of Alternate Mortgage Fund (AMF) is all set to hit the US market in the next 6 months ... Shared by Brian Dela Cruz - 3 months, 1 week, 1 day, 18 hours, 24 minutes, 36 seconds ago |
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| 133 visits | 6 Comments | Are you recommending it?: 100%[2]
0%[0]
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1 Votes | Tax credit can now be turned into cash while closing!!! |
| Great news for first time homebuyers! Henceforth the first-time home buyers nationwide will be able to turn their federal tax credit of $8000 into cash ... Shared by Niicss - 4 months, 3 weeks, 6 days, 7 hours, 45 minutes, 36 seconds ago |
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| 104 visits | 6 Comments | Are you recommending it?: 100%[1]
0%[0]
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• Mortgage Guide
• Mortgage Terms
• Mortgage News
• Book Center
• Shop and Compare lenders
• 30 Yr. Fixed Vs. 5/1 ARM
Calculators [View all]
• Are you eligible for loan?
• How much you can afford?
• Calculate monthly payment
• Calculate APR
Financial Tools
• Credit Repair Tool
• Mortgage Planner
• Simple Budgeting Tool
Our Community
• MortgageFit Blog
• Community Professionals
• Community Rewards
• Introduce yourself
• Website tools
Community Rewards
• Five simple ways to earn money with the Mortgage Community.
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