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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.
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delinquencies
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
delinquencies
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
delinquencies

Foreclosure Inventory at an All-Time High

2011-05-03T02:14:21-07:00

May 3, 2011 (Chris Moore) Foreclosure inventory stood at an all-time high at the end of March according the March Mortgage Monitor released by Lender Processing Services (LPS). At 2.2 million properties, foreclosure inventories are 8 times historic norms. Delinquencies continued to decline to the lowest levels since 2008. Read more...

Foreclosure Inventory at an All-Time High2011-05-03T02:14:21-07:00

LPS: Huge Backlog of Foreclosures, Option ARM Foreclosures Skyrocket

2011-03-29T02:59:44-07:00

March 29, 2011 (Jeff Alan) Lender Processing Services (LPS) released its February Mortgage Monitor Report revealing that a huge backlog of foreclosures continues to exist despite a continued decline in delinquencies. The data also shows a 23 percent increase in Option ARM foreclosures over the last six months, far higher than any other product type. [...]

LPS: Huge Backlog of Foreclosures, Option ARM Foreclosures Skyrocket2011-03-29T02:59:44-07:00

Freddie Mac/Fannie Mae Business as Usual

2011-03-04T04:55:08-07:00

March 4, 2011 (Shirley Allen) Someone forgot to tell government mortgage giants Freddie Mac and Fannie Mae that they are suppose to be going out of business because the latest monthly figures show that both GSE’s continued to back new mortgages in January at about the same rate as last year. Freddie Mac reported that [...]

Freddie Mac/Fannie Mae Business as Usual2011-03-04T04:55:08-07:00

Foreclosures Up, Loan Modifications Down in 3Q

2010-12-31T05:00:37-07:00

December 31, 2010 (Shirley Allen) In a report released by the Treasury Department’s Office of the Comptroller of the Currency and Office of Thrift Supervision, the number of delinquent borrowers who started U.S. home loan modifications declined in the third quarter as fewer people qualified for easier payment terms. Read more...

Foreclosures Up, Loan Modifications Down in 3Q2010-12-31T05:00:37-07:00

Federal Reserve Releases Beige Book

2010-12-02T08:42:21-07:00

December 2 2010 (Chris Moore) The Federal Reserve released their Beige Book on December 1st and reports from the twelve Federal Reserve Districts indicate that the economy continued to improve, on balance, during the reporting period from early/mid-October to mid-November. Read more...

Federal Reserve Releases Beige Book2010-12-02T08:42:21-07:00

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