The Ten Most Important Factors for 2010’s Mortgage Market – Gather.com
1. A Changing Regulatory Environment. RESPA changes begin in January, and shopping for a mortgage should become more precise. The Real Estate Settlement Procedures Act, which has been with us for a very long time, is finally getting an overhaul. Of …
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1. A Changing Regulatory Environment. RESPA changes begin in January, and shopping for a mortgage should become more precise. The Real Estate Settlement Procedures Act, which has been with us for a very long time, is finally getting an overhaul. Of … Go to Source…
WASHINGTON – The nation’s five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and … Go to Source…
Phil Angelides, appointed by Congress to investigate the financial crisis of 2008, declared Thursday that the entire mess could have been avoided. In a blistering report that followed 18 months of testimony and fact-gathering, Angelides and his Financial … Go to Source…
TODAY real estate expert Barbara Corcoran discusses whether the real estate market is at its lowest point, as homes are selling, mortgage rates have hit a historic low and foreclosures are rising. Go to Source…
The U.S. Department of Housing and Urban Development was accused in a lawsuit of changing its reverse-mortgage program in a way that makes it more likely a surviving spouse will end up in foreclosure. A widow and two widowers who said they are losing their … Go to Source…
KCB plans to enter the Ugandan mortgage market next month as it seeks to tap into new financing opportunities in the real estate sector and diversify its property business from the highly competitive Kenyan market. KCB, through S&L, its mortgage financing … Go to Source…
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The Obama administration is seeking a unified settlement over foreclosure servicing irregularities that would require America’s largest banks to make billions in loan principal reductions, the Wall Street Journal reports . Such a deal faces a difficult … Go to Source…
Hugh Reilly and Nikki Hayes interview Trish Trotter on ThatChannel’s Liquid Lunch show about her unique approach to helping people get the mortgage they need to purchase their homes. Broadcast and recorded live, January 14, 2010. Go to Source…
NEW YORK — There’s rarely been a better time to buy a home. If only you could get approved for a mortgage. Despite the persistent uncertainty in the housing market, a steep drop in prices has made ownership a more attractive option for many. Yet some … Go to Source…
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