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Consumer bureau's mortgage rate checker doesn't disclose full costs
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WASHINGTON — When the federal government's consumer protection agency for financial matters tells you how to shop for a good deal on a home mortgage, you should follow the advice, right?
 
Quicken Loans Vs. Other Mortgage Sources
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By allowing customers to initiate and manage the mortgage process online, Quicken Loans may appeal to borrowers who value convenience.
 
Fannie, Freddie must study 'alternate' credit scoring -regulator
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Fannie Mae and Freddie Mac's regulator hinted on Wednesday that credit standards could be eased when it laid out the 2015 goals for U.S. mortgage companies. The Federal Housing Finance Agency directed the two government-controlled entities to explore "alternate" credit score models and the credit history of the loans they support. The U.S. housing market's recovery has been held back by the ...
 
Union Home Mortgage CEO Named in Top 100 Most Influential Mortgage Executives
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Union Home Mortgage CEO, Bill Cosgrove, listed in top 100 Most Influential Mortgage Executives for 2014 (PRWeb January 22, 2015) Read the full story at http://www.prweb.com/releases/2015/01/prweb12457372.htm
 
Consumer agency gets an incomplete on mortgage advice
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WASHINGTON — When the federal government’s consumer protection agency for financial matters tells you how to shop for a good deal on a home mortgage, you should follow the advice, right?
 
Accurate Mortgage Group takes advantage of FHA Streamline Refinance Program to reduce Mortgage Insurance Premiums and ...
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New FHA regulations allows homeowners to refinance and reduce Mortgage Premium Insurance rates (PRWeb January 22, 2015) Read the full story at http://www.prweb.com/releases/2015/01/prweb12462920.htm
 
Mortgage-Bond Holders Say Ocwen’s Failures Trigger Default
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Ocwen Financial Corp. (OCN) is under siege by mortgage-bond investors who are accusing the home-loan servicer of “imprudent and improper” practices that constitute a default.
 
Mortgage Loan Rates Fall to 16-Month Low
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Mortgage loan rates have dropped on all types of loans for the third consecutive reporting period and are now at levels equal to mid-2013.
 
Consumer agency falls short with new mortgage tool
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The Consumer Financial Protection Bureau’s site that recently went online offers helpful tips on shopping and has a guide to loan alternatives, closing costs and a “rate checker” feature. But something important is missing.
 
Rooftop Solar Shines Light On Bad Business Practices
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Consumers, State Attorney Generals and members of Congress have raised concerns that rooftop solar leasing companies are using deceptive marketing practices that overstate cost savings in order to get homeowners to buy their products, similar to what happened with the subprime mortgage crisis. Fortunately, serious companies exist that provide the true pros and cons of these systems in an overall ...