Apply Online Today!

Zip Code:
Loan Purpose:



Mortgage News for Saturday - March 13, 2004

More Mortgage News
• Lenders prompted to offer all mortgage deals to all people
• Mortgage brokers need to be monitored
• Meeting in San Jose, Calif., Resolves to Narrow Latino Homeownership Gap
• Housing Median Touches $406,000 for San Diego County
• Reasons remain to refinance mortgage
• Secret brokers' commissions
• Mortgage rates approaches record low
• END OF THE SUPER LOW HOME LOANS?
• Firing at Mortgage Giants Freddie and Fannie
• Minorities less inclined to get best mortgage rates
• FIXED-RATE MORTGAGE DEALS BEST
• Habitat, others to construct two homes in 2004
• Modifications urged in mortgage selling
• Identity theft costs billions
• Home is where the tax breaks are
• Fannie Mae economist provides rosy outlook for 2004
• Dates set for mortgage foreclosure investigation meetings
• Banks act to protect mortgage borrowers
• Got a cheap mortgage? Credit cards?
• MBA Applauds Over 220 Members of Congress for Approaching HUD to Repropose RESPA Rule
• Group seeks moratorium on certain mortgages
• No Income Home Loans Cafeteria Style
Mortgage News
Group seeks moratorium on certain mortgages - 2004-03-13
Members of the Association of Community Organizations for Reform Now indicated they want a moratorium on certain kinds of mortgage loans made on the Northwestside, where foreclosures are a concern.

ACORN said several neighborhoods in the 46254 ZIP code have an unusually high number of foreclosures, mostly on Federal Housing Administration mortgages.
Read the full story at Indianapolis Star
 
No Income Home Loans Cafeteria Style - 2004-03-13
The subject of “No-Income” loans is one that is bought up frequently by our clients. The biggest challenge for us is to demonstrate how and when this might be a way for someone to obtain mortgage financing where they might previously have believed they couldn’t.

From the many situations we’ve reviewed over the past months, I felt it would be a good idea to re-visit this subject.
Read the full story at PRWeb
 






down payment
types of mortgages
closing costs
finding lenders
the do's and don'ts of mortgages
mortgage glossary



 
Copyright © 1999-2003. Mortgages Magazine Inc., LLC All Rights Reserved.
DISCLAIMER