March 16, 2011 (Chris Moore) As the House Republicans prepare to vote this week on ending the under-performing Home Affordable Modification Program (HAMP), Tim Massad, Acting Assistant Secretary of the Treasury for Financial Stability, has decided to weigh-in on his feelings in defense of the government's flagship anti-foreclosure program by sharing five things about HAMP [...]
January 7, 2011 (Shirley Allen) You hear a lot about short sales these days, but short sales aren’t for everybody. Sellers aren’t entitled to a short sale just because they’ve lost equity in their home. Lenders look for other hardships when approving short sale transactions. Short sales are not the "saving grace" some home sellers [...]
November 26 2010 (Chris Moore) It seems everywhere you turn these days, whether it’s the morning newspaper or if you visit a website…even here on LoanRateUpdate, you will see charts of the latest mortgage rates. So are the rates that are listed really the rates that are available to you? Read more...
