Tag Archives: home loans

Robert’s Tips for Home Sellers….

As the saying goes, the devil is in the details!  When preparing your home for sale, don’t neglect the little things. Those can yield big results and make for a smooth(er) transaction. Below are a few of the tips that … Continue reading

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Major lender faces $3.5 million fine over massive kickback scheme

A major mortgage lender has been slapped with a $3.5 million fine for allegedly participating in an illegal kickback scheme. Two real estate brokers and a mortgage servicer that allegedly accepted kickbacks from the lender have also been fined. The … Continue reading

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Fannie enhances affordable mortgage option

Fannie enhances affordable mortgage option Fannie Mae is making changes to its HomeReady affordable mortgage product which it says will enable even more people to become homeowners. The product allows borrowers to secure a mortgage with just 3 per cent … Continue reading

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Are lenders misleading borrowers?

National Mortgage News recently spotlighted ways some mortgage originators unintentionally –or intentionally — mislead borrowers. Here are a few things to be on the lookout for. 1. The big deal. Lenders violate the Consumer Financial Protection Bureau rules if they advertise … Continue reading

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The Student Loan Effect: How Debt Impacts Homeownership for Millennials

Freddie Mac’s Insight & Outlook report focuses on the challenges faced by three types of student loan borrowers, and how low down payment mortgage loans could help, or not help, make homeownership possible. “The low homeownership rate among millennials is … Continue reading

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