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Butler County program can put foreclosures on hold
http://triblive.com/news/butler/5409022-74/program-county-foreclosure
The program is only available to those whose mortgage companies have filed foreclosure proceedings against a loan holder. The number of foreclosures changed little in Butler County the past few years, Sheriff Mike Slupe said. His office serves papers

Man who defrauded elderly Modesto homeowners asks for leniency
http://www.modbee.com/2014/01/25/3153849/man-who-defrauded-elderly-modesto.html
Lankford and his husband gained the trust of elderly homeowners from 1999 to 2010 and enriched themselves by obtaining multiple fraudulent loans on more than 50 properties, the men admitted in August plea deals. At the time, authorities said Lankford

Home sales up nearly 12 percent in Bitterroot Valley
http://ravallirepublic.com/news/local/article_eb83244c-860a-11e3-b1d1-001a4bcf887a.html
Since the law was enacted in 2010, Ernst said mortgage lenders can no longer provide mortgage loans to unqualified borrowers or provide special financing. Both were issues often associated with fraudulent lending practices, he said. In addition, the

2014 Quicken Loans All-Star Football Challenge to feature Texas A&M's Jake ...
http://www.kbtx.com/sports/headlines/2014-Quicken-Loans-All-Star-Football-Challenge-to-feature-Texas-AMs-Jake-Matthews-241906471.html
Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power for four consecutive years in 2013, 2012, 2011 and 2010. Quicken Loans has ranked among the top-30 companies on FORTUNE Magazine's

PA Mortgage Rates: Low Cost Pennsylvania Mortgage Lenders

www.HomeMortgage.com Are you shopping for ideal mortgage rates from Pennsylvania mortgage lenders? HomeMortgage.com sets you up with five quotes ...

World's Best Bank Awards 2018: US Regional

A strong economy can have an interesting effect on institutional memory. It has been just 10 years since the world banking system was on the verge of collapse and the US was dragged into the worst financial crisis since the Great Depression. And yet despite that cataclysmic event, the Senate this past spring voted in sweeping changes to rules adopted in the wake of the financial crisis.

Sen. Mike Crapo of Idaho, the top Republican on the Senate Banking Committee, created a measure that, if passed by the House, would ease regulations on thousands of community and regional banks. The legislation would rewrite some of the 2010 Dodd-Frank Act and would adjust the size at which banks are subject to certain regulatory scrutiny, as well as exempt small banks from some requirements for loans, mortgages, trading and other measures.

At the heart of the bill is the raising of the threshold at which banks are subject to federal oversight. Currently, banks with $50 billion or more are considered systematically important financial institutions (SIFIs). But the Senate bill increases that SIFI threshold to $250 billion. Banks with assets of less than $100 billion would be freed of current oversight requirements, and those with between $100 billion and $250 billion would no longer be subject to tougher rules after 18 months—although periodic stress tests could occur at the behest of the Federal Reserve. Ultimately, many regional banks would be free of the heightened security that came about as a result of the financial crisis.

Subprime loans – should you take the risk? 27: Madison, WI Breaking News, Weather and Sports

Subprime Loans are Back

Since the housing crisis began over a decade ago, subprime mortgage loans basically disappeared thanks to regulatory actions from government and self-preservation for both lenders and borrowers. The effects of borrowing more than you could safely afford to repay became obvious to all parties.

Subprime mortgage loans have been making a slow comeback over the last decade, driven by years of pent-up consumer demand and lending institutions competing for more business.

If you have borderline or poor credit (credit scores in the 580-669 range or below), lenders are devising new ways to offer you a mortgage loan. Are you ready to take advantage of these offers and, even if you are, is a subprime loan the best choice for you?

Increased Risk But Greater Scrutiny

Data from the Mortgage Bankers Association (MBA) shows that during the first quarter of 2007, approximately 13% of all residential mortgage loans were subprime loans totaling almost $115 billion, according to the Federal Reserve. By the end of 2017, the subprime loan volume decreased more than fivefold to $20.4 billion.

When should I start looking for a house?

My apartment lease ends 5/31/2010 and my wife and I want to buy a house, I was wondering when would be a good time to start looking.


The advice you have been given is good: first find a lender/broker who you trust and will find you the best possible rate. If this is your first home, talk to many brokers and make sure you are comfortable with every aspect of the process.