LoanRateUpdate
LoanRateUpdate
LoanRateUpdate
1-000-000-0000
1-000-000-0000
1-000-000-0000
LoanRateUpdate
LoanRateUpdate
LoanRateUpdate
1-000-000-0000
1-000-000-0000
1-000-000-0000
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Monthly Loan Mods Unchanged, Foreclosure Starts Jump 18 Percent
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Monthly Loan Mods Unchanged, Foreclosure Starts Jump 18 Percent
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Monthly Loan Mods Unchanged, Foreclosure Starts Jump 18 Percent

September 29, 2011 (Shirley Allen)

The number of proprietary loan modifications remained virtually the same from July to August according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. Meanwhile, foreclosure starts jumped up almost 18 percent from the previous month.

The organization reports that 55,828 homeowners received permanent, proprietary loan modifications in August compared to 55,687 in July. Almost 4.86 million proprietary loan modifications and Home Affordable Modification Program (HAMP) loan modifications have been completed since 2007.

Through the end of July, 4.06 million proprietary loan modifications have been completed while 791,399 loan modifications have been completed under HAMP.

Of the proprietary loan modifications completed, 83 percent (46,314) included reduced monthly principal and interest payments, with 68 percent (37,730) receiving a reduction of more than 10 percent. In addition, 83 percent (46,608) received fixed interest rate loans of five years or more.

Total proprietary modifications and HAMP modifications for August were about 82,000, likely falling below the 84,015 total loan modifications in July. Freddie Mac reported 8,639 HAMP modifications in August while Fannie Mae has yet to report their August totals, but through July has been averaging about 17,000 HAMP loan modifications per month.

Monthly foreclosure starts jumped up in August with 217,955 starts recorded, compared to 185,076 in July, an increase of 17.7 percent. Completed foreclosure sales also increased from 64,578 in July to 67,663 in August, a gain of 4.8 percent.

Mortgage delinquencies that are at least 60 days past due decreased from 2.810 million properties in July to 2.796 million in August.

Faith Schwartz, Executive Director of HOPE NOW, stated, “We understand that unemployment, medical hardships and other financial issues have deeply affected the nation’s homeowners, said Schwartz. “Many people have fallen behind on their mortgage payments. But it is important to continue to convey the message that mortgage servicers are working tirelessly with their customers. Whether it is through localized outreach events or regional bricks and mortar centers, there are opportunities for homeowners to get one on one mortgage assistance.”

Tags: HOPE NOW, private sector alliance, mortgage servicers, loan modifications, fixed rate mortgages, delinquencies, proprietary modifications, foreclosure starts, foreclosure sales

Source:
HOPE NOW

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

September 29, 2011 (Shirley Allen)

The number of proprietary loan modifications remained virtually the same from July to August according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. Meanwhile, foreclosure starts jumped up almost 18 percent from the previous month.

The organization reports that 55,828 homeowners received permanent, proprietary loan modifications in August compared to 55,687 in July. Almost 4.86 million proprietary loan modifications and Home Affordable Modification Program (HAMP) loan modifications have been completed since 2007.

Through the end of July, 4.06 million proprietary loan modifications have been completed while 791,399 loan modifications have been completed under HAMP.

Of the proprietary loan modifications completed, 83 percent (46,314) included reduced monthly principal and interest payments, with 68 percent (37,730) receiving a reduction of more than 10 percent. In addition, 83 percent (46,608) received fixed interest rate loans of five years or more.

Total proprietary modifications and HAMP modifications for August were about 82,000, likely falling below the 84,015 total loan modifications in July. Freddie Mac reported 8,639 HAMP modifications in August while Fannie Mae has yet to report their August totals, but through July has been averaging about 17,000 HAMP loan modifications per month.

Monthly foreclosure starts jumped up in August with 217,955 starts recorded, compared to 185,076 in July, an increase of 17.7 percent. Completed foreclosure sales also increased from 64,578 in July to 67,663 in August, a gain of 4.8 percent.

Mortgage delinquencies that are at least 60 days past due decreased from 2.810 million properties in July to 2.796 million in August.

Faith Schwartz, Executive Director of HOPE NOW, stated, “We understand that unemployment, medical hardships and other financial issues have deeply affected the nation’s homeowners, said Schwartz. “Many people have fallen behind on their mortgage payments. But it is important to continue to convey the message that mortgage servicers are working tirelessly with their customers. Whether it is through localized outreach events or regional bricks and mortar centers, there are opportunities for homeowners to get one on one mortgage assistance.”

Tags: HOPE NOW, private sector alliance, mortgage servicers, loan modifications, fixed rate mortgages, delinquencies, proprietary modifications, foreclosure starts, foreclosure sales

Source:
HOPE NOW

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

September 29, 2011 (Shirley Allen)

The number of proprietary loan modifications remained virtually the same from July to August according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. Meanwhile, foreclosure starts jumped up almost 18 percent from the previous month.

The organization reports that 55,828 homeowners received permanent, proprietary loan modifications in August compared to 55,687 in July. Almost 4.86 million proprietary loan modifications and Home Affordable Modification Program (HAMP) loan modifications have been completed since 2007.

Through the end of July, 4.06 million proprietary loan modifications have been completed while 791,399 loan modifications have been completed under HAMP.

Of the proprietary loan modifications completed, 83 percent (46,314) included reduced monthly principal and interest payments, with 68 percent (37,730) receiving a reduction of more than 10 percent. In addition, 83 percent (46,608) received fixed interest rate loans of five years or more.

Total proprietary modifications and HAMP modifications for August were about 82,000, likely falling below the 84,015 total loan modifications in July. Freddie Mac reported 8,639 HAMP modifications in August while Fannie Mae has yet to report their August totals, but through July has been averaging about 17,000 HAMP loan modifications per month.

Monthly foreclosure starts jumped up in August with 217,955 starts recorded, compared to 185,076 in July, an increase of 17.7 percent. Completed foreclosure sales also increased from 64,578 in July to 67,663 in August, a gain of 4.8 percent.

Mortgage delinquencies that are at least 60 days past due decreased from 2.810 million properties in July to 2.796 million in August.

Faith Schwartz, Executive Director of HOPE NOW, stated, “We understand that unemployment, medical hardships and other financial issues have deeply affected the nation’s homeowners, said Schwartz. “Many people have fallen behind on their mortgage payments. But it is important to continue to convey the message that mortgage servicers are working tirelessly with their customers. Whether it is through localized outreach events or regional bricks and mortar centers, there are opportunities for homeowners to get one on one mortgage assistance.”

Tags: HOPE NOW, private sector alliance, mortgage servicers, loan modifications, fixed rate mortgages, delinquencies, proprietary modifications, foreclosure starts, foreclosure sales

Source:
HOPE NOW

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

LoanRateUpdate

LoanRateUpdate.com is an independent marketing leads generator. We are not a loan broker or lender. LoanRateUpdate.com is an advertising supported publisher and loan rate comparison service that is compensated by third party affiliates for the information you provide to us through the featured placement of sponsored products and services or by clicking on links posted on this website. Not all companies or products are represented through this website. Usage of this site is only available to persons in the continental United States, Alaska and Hawaii.
  • Our Partners
Copyright 2010 - 2021 LoanRateUpdate.com | All Rights Reserved
The information contained in this website is for general information purposes only. We make no representations or warranties of any kind, expressed or implied, about the completeness, accuracy, or reliability of the information, products, or services contained on the website. Any reliance you place on such information is therefore strictly at your own risk.