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Tag Archives: financing
How Do I Identify Loan Officers?
The loan origination business was like the wild west. Now, there is a new sheriff in town: WASHINGTON (Reuters) – Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators. The [...]
Posted in Uncategorized Also tagged home, house, loan officer, mortgage, mortgage brokers, real estate Leave a comment
Loan Modification Scam Prevention Network
Washintgon, DC – The Loan Modification Scam Prevention Network, led by Fannie Mae, Freddie Mac (NYSE:FRE), the Lawyers’ Committee for Civil Rights Under Law and NeighborWorks America, today announced a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state, and federal enforcement agencies. As part of the [...]
Posted in Uncategorized Also tagged Freddie Mac, loan modification scams, mortgages, scam Leave a comment
Homeowner Mortage Help
Freddie Mac is a company that helps fund mortgages. From the start to finish, we ask the same questions: Do our credit policies and mortgage practices advance responsible lending? The principles drive our business. They also reflect the public mission in our congressional charter. And together, they have led Freddie Mac to take on a [...]
Posted in Mortgages Also tagged equity, Freddie Mac, homeowner, loans, mortgages, re-fi, real estate Leave a comment
Avoiding Foreclosure
Contact Your Lender to Avoid Foreclosure Many people avoid calling their lender when they have money troubles. Most of us are embarrassed to discuss our money problems with others or believe that if lenders know we are in trouble, they will rush to collection or foreclosure. Foreclosure is expensive for lenders, mortgage insurers and investors. [...]
Credit For Small Businesses
The Federal Reserve has issued a statement to banks that encourages them to lend to small businesses. The recent credit crisis has had a severe impact on the ability of small businesses to obtain credit and loans. The federal financial regulatory agencies and the Conference of State Bank Supervisors (the regulators) issued a statement today [...]
Posted in small business Also tagged borrowers, credit, creditworthy, loans, mortgages, small business Leave a comment
Homebuyer’s First Steps