lending
A Beginners Guide To Mortgage Lending & Loan Terms
The housing market is in a bit of a state as I am sure you know. The sub-prime mortgage crisis in the US has triggered a global slowdown in the housing economies around the world. Foreclosures have risen and many people are finding it hard to make payments. In the UK it led to a [...]
Australian Home Loans – What’s Up With Today’s Home Lending Market?
With interest rates at a 12-year high and lenders increasing their rates outside the Reserve Bank of Australia (RBA) cash rate cycle, many borrowers are understandably feeling wary. The cash rate is Australia’s official interest rate and usually lenders only move mortgage rates in synch with it, but this hasn’t been the case over last [...]
Federal Regulation for the Home Lending Market
There are new federal regulations on mortgage lenders coming out way soon. Recently, President Bush signed a bill into law at the end of July that encourages state regulatory commissions to register all residential loan originators, and creates a national database of lenders that tracks fraudulent activity from state to state. This will [...]
Lending Loans, Not Easy Anymore For Loans Companies
Lending loans is not easy anymore for loan companies. It’s really not easy to get a loan today, lending loans become a nightmare for some of us and the new dream is to get the loan approval instead of dreaming about purchasing or refinancing a home.
Loan companies today will ask more documentation from you to [...]