The past weeks, banks and mortgage service providers have come up with billions of mortgage settlements. General Electric Corporation didn’t even manage to escape this settlement. They have agreed in settling a federal agency lawsuit in a charge accusing them of misleading Freddie Mac into purchasing $549 million mortgage-backed securities. As we can all remember, … Continue reading
Mortgage Approvals Methods and Triangle of Compensation
The mortgage is acquired by individual for it serves as the security for loans. It is taken for business purposes. There are many types of mortgages such as home loan, real estate mortgage, refinancing and many others. Mortgage or finance lending has some complicated process which is why getting an approval seems to be hard … Continue reading
What is the Home Mortgage Disclosure Act All About?
In 1975, the US Congress passed the Home Mortgage Disclosure Act. This act is further implemented by the Federal Reserve Board. This act requires mortgage lenders to disclose to the public, reports on public loan data. There is a need to disclose mortgage data so that the community can be sure that the lenders are … Continue reading
Home Buying Process and Things That Matter
People really give a lot of attention to every single item they buy for themselves and for others. The same rule applies to the purchase of a residential house. Due care and caution must be exercised because a single mistake on home purchase could jeopardize a family’s financial status. Home buying is a process that … Continue reading
Non Performing Real Estate Mortgage
It is very simple nowadays for one to purchase homes in the mortgage notes. Most of the people understand what is meant by the non performing notes are. Basically the notes are cash advances or loans that are given by the financial companies that their terms of operation have changed recently. This is to mean, … Continue reading
The Phase for the Best Home Mortgage Provider
Already settled and decided to buy a certain estate property? So is it the right time to grab the opportunity of refinancing a loan for that house? Do not rush. It is just the first phase of the process one has to consider in financing a housing loan. The next step is for a borrower … Continue reading
Tips on Selecting the Best Mortgage Lender
Buying a house can always be easy as long as the needed requirements are readily available. Once the person knows the basics in mortgage, then he or she can buy a house to start a new life. Well, that can be easy, as long as the person is able to select only the best mortgage … Continue reading
HOME BUYING GUIDES 