Preston Mortgage Refinance and Information Online from competing Lenders

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News about Mortgages:
Financial News
Mortgage aid falls short, Bush admin official says - BusinessWeek
Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday. One program will be revamped immediately, and the other ...

Bush Official: Mortgage Aid Not Working - CBS News
(CBS/AP) Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday. One program will be revamped immediately, and ...

'Hope for Homeowners' may get lender incentive - El Paso Times
WASHINGTON -- The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more-affordable ones, a top Bush administration official said Wednesday. The program, included in a ...

Feds consider changes to mortgage program - Salem News
WASHINGTON (AP) _ The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a ...

HUD issues new mortgage rules to help consumers shup for lower-cost ... - Louisiana Weekly
New 'Good Faith Estimate' will help borrowers save nearly $700 For the first time in more than 30 years, the U.S. Department of Housing and Urban Development on Wednesday issued long-anticipated mortgage reforms that will help consumers to shop for ...

Real Estate Roundup - Chattanooga Times Free Press
The Southeast Tennessee Real Estate Investors Association's monthly meeting will be Monday from 5:30 to 9 p.m. Karen Bovell of Title Insurance Co. will be the speaker. The meeting will be at Finley Stadium, 1206 Carter St. The cost for those who do ...

HUD expands mortgage modification program - Marketwatch
WASHINGTON (MarketWatch) - The federal government announced plans Wednesday to modify a program to make it easier for troubled homeowners to exchange problematic mortgages for more inexpensive ones. The new expedited regulations will expand on the ...

U.S. tries new tack on housing - CNN Money
NEW YORK (CNNMoney.com) -- The Bush administration said Wednesday that it was changing its nearly-moribund mortgage rescue plan in an effort to spark more lenders and homeowners to participate. The Department of Housing and Urban Development's Hope ...

HUD Chief: Help for Homeowners Is Here - CNBC
Like Carmen wrote on Wednesday right here in the blog, there is a silver lining in this financial crisis. We, as Americans, are already starting to build a new foundation based on good money habits. You can see it in retail sales, which show that we ...

U.S. housing chief aims to fix rescue flaws - Reuters
SAN FRANCISCO (Reuters) - A housing rescue plan authorized by the U.S. Congress last summer was too narrowly tailored, but administrators will ease some rules so that it can save more troubled borrowers from foreclosure, the top U.S. housing policy ...

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Today's Mortgage Terms starting with G

  • Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.

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