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Butler County program can put foreclosures on hold
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
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
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 ...
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 Are you shopping for ideal mortgage rates from Pennsylvania mortgage lenders? sets you up with five quotes ...

Homebuyers will favor mortgage lenders that embrace technology

In case you haven't noticed, there's a lot of change happening in the mortgage industry.

More than 3,300 fintech companies have flooded the mortgage space since 2010 to solve industry pain points, and lending by these firms now makes up more than 36% of all personal loans — up from 1% in 2010.

Every aspect of the home buying process, from loan approval and origination to that dream home closing, is going digital. More than 70% of lenders are currently integrating or investigating next-generation technology services, and 65% of real estate professionals believe they will need support for remote online notarization, communication portals, or secure collaboration spaces before the end of 2019.

That's why the most technology-forward lenders and brokers will win in this new age of digital disruption.

Lenders that use technology to meet customer demands and build disruptive delivery models will see a dramatic spike in market share. These technology adopters will also save thousands of dollars in origination fees , according to Fannie Mae.

They help thousands of Americans become homeowners every year. Now they face a test of their own.

Ken Brown is a manager at Homewise , a Santa Fe, New Mexico-based housing counseling center. Brown’s staff help would-be home buyers, often in low and moderate income brackets, polish up their credit profiles and budgets to get ready to make the biggest purchase of their life.

Over the past year or so, Homewise has been gearing up for a different kind of challenge. Starting in August 2020, any housing counselor working for an agency that’s approved by the Department of Housing and Urban Development must take, and pass, a certification test.

At first, Brown said, he and his staff were gung-ho about the requirement, which was part of the massive Dodd-Frank bank reform legislation passed in 2010, even as they started hearing horror stories from their peers around the country. But when Brown finally sat for the test, he was shocked.

Homewise’s bread and butter, pre-purchase homeownership preparation , made up only part of the test. Topics Brown never encounters, such as foreclosure prevention, fair housing, and tenant issues, made up a sizable chunk of the rest. Worse, Brown said, he came face to face with what felt more like a high school civics class than a professional credentialing. “Brown Versus the Board of Education!” he said with a laugh.

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.