Tag Archives: mortgage bankers association

Regulators to crack down on abuse of military by mortgage companies

Federal financial regulators on Thursday moved to tighten oversight of how mortgage companies handle loans for service members who are underwater and forced to transfer to new bases. In new guidance, they announced several practices they would consider unfair, deceptive … Continue reading

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Mortgage Applications Jump

U.S. home mortgage applications ¬†jumped last week as a result of the drop in interest rates leading to a greater demand to refinance.¬†Due to concerns over the debt crisis in Europe, interest rates for the 30 year mortgages were lowered … Continue reading

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