Bailout watchdog to audit gov't mortgage program
The federal bank bailout watchdog is planning to scrutinize the formula used by mortgage companies to evaluate borrowers for the Obama administration $75 billion mortgage relief program. (Wed, 17 Mar 2010 17:12:49 GMT)

Federal Home Loan Bank Sues Over Mortgage Securities (Update3)
March 16 (Bloomberg) -- The Federal Home Loan Bank of San Francisco sued nine securities dealers alleging they misled it about the credit quality and risks of loans behind $19.1 billion in private-label residential mortgage-backed securities. (Wed, 17 Mar 2010 03:05:50 GMT)

Getting a Mortgage Without Perfect Credit
The government keeps promoting programs designed to help existing homeowners refinance their mortgages at a lower rate, as well as get perspective buyers into homes. In other words, Uncle Sam says he's here to help. "Phooey," say homeowners and prospective homeowners, who keep complaining that it is ridiculously hard to get a mortgageor refinance one. Can both sides be right? Unfortunately, yes ... (Wed, 17 Mar 2010 12:08:44 GMT)

Refinancing your mortgage: why, how, when?
You may be thinking about refinancing your mortgage. Mortgage rates are fairly low right now, so why not take advantage of them? But is that really a good idea? Let’s take a closer look at the why, how and when of mortgage refinancing. (Tue, 16 Mar 2010 22:14:14 GMT)

GOP Claims Mortgage Rescue Books Are Cooked
Is a program designed to help homeowners with mortgage burdens or is the program just a temporary fix? Mortgage - Business - Financial services - United States - Foreclosure (Wed, 17 Mar 2010 19:32:14 GMT)

Federal Home Loan Bank Sues Over Mortgage Securities (Update1)
March 16 (Bloomberg) -- The Federal Home Loan Bank of San Francisco said it sued nine securities dealers in an effort to rescind purchases of $19.1 billion in private-label residential mortgage-backed securities. (Tue, 16 Mar 2010 23:53:02 GMT)

Is it time to refinance?
Is it time to refinance? St. Clair County — I am often asked when would be a good time to refinance a home mortgage. A good answer to this question can change daily. There are many variables that must be considered when analyzing this situation. (Tue, 16 Mar 2010 20:40:12 GMT)

U.S. mortgage activity down slightly
WASHINGTON, March 17 (UPI) -- The volume of applications for U.S. mortgages dropped slightly in the week, although long-term interest rates also dropped, an industry group said Wednesday. (Wed, 17 Mar 2010 16:49:26 GMT)

More Mortgage News >

Selecting the Right Mortgage for You

A mortgage is a loan you take out to buy a home. This loan covers the "principal" (purchase price of the house minus your down payment) plus the "interest," which is the fee a lender charges you to borrow the money. (More)

Flexible Mortgage Tips

Outlined below are some useful flexible mortgage tips. The most prominent addition in recent years to the mortgage industry has been the flexible mortgage. As the name implies, it offers greater flexibility than the traditional mortgage. (More)

Mortgage Terms Explained

Home Equity Loan Considerations

Taking a loan for financing that elusive vacation is a strict no-no. Moreover, home equity loans must also never be taken for day-to-day expenditures. This option should be saved for emergency needs only. (More)

Refinance Mortgage Loan – Tips on Refinancing Your Home Mortgage

Are You Ready for a Home Mortgage Loan?

A home mortgage loan is the largest debt that most Americans will take on in their lifetime. As such, making the decision to take out a mortgage is not one that most first time homebuyers take lightly. (More)