Archive for the ‘HUD’ Category

Transparency and Homeowner Responsibility Can Change the Mortgage Business

Thursday, July 24th, 2008

"You looked hard to find the right house.  You negotiated the right price and shopped around for the best mortgage rate.  But you're not done shopping yet." So begins the article by Washington Post reporter Renae Merle, recently republished in the Chicago Tribune.  Noting that a study conducted by HUD early ...

Who Should We Blame for the Mortgage Industry’s Problems?

Friday, June 27th, 2008

Don't you think it's fascinating that some members of Congress are doing their darndest to drag down the mortgage industry-when in fact, they may have benefited from some of the "wrongdoing"? Senator Dodd (D-Connecticut) is the chairman of the Senate Banking Committee, and has been at the forefront of those calling ...

Exciting News from HUD Regarding ARM Mortgages

Thursday, October 25th, 2007

Many of you are fretting over the impending significant adjustment (reset) in your Adjustable Rate Mortgage (ARM). Or maybe you have already encountered your reset date and are now struggling to make your new payment. Maybe you are facing the very real possibility of losing your home or facing potential ...