Home / News (page 1456)

News

Fannie Mae to Reinstate Home Buyer Education and Counseling

Fannie Mae announced this week that it will reinstate a requirement for homeownership counseling and education for first-time home buyers obtaining one of its MyCommunityMortgage loans, which give lenders a conforming alternative for low- and moderate-income borrowers, or a loan that relies on nontraditional credit to qualify.

Read More »

Fed Rule Adds Mortgage Rate Disclosures

The Federal Reserve recently approved new regulatory statutes requiring mortgage lenders to disclose to borrowers how much interest rates differ between prime mortgages and the higher-priced subprime loans offered to less-affluent borrowers.

Read More »

California Law Requires Title Reps to Register

California Governor Arnold Schwarzenegger signed Senate Bill 133 into law last month. The bill, sponsored by the California Land Title Association (CLTA), goes into effect on January 1, 2009 and requires that title insurance sales people be registered with the state.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.