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foreclosures
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
foreclosures
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
foreclosures

California Defaults at a Four Year Low

2011-07-20T01:52:23-07:00

July 20, 2011 (Shirley Allen) California housing defaults fell dramatically to a four year low in the second quarter of 2011 and is now less than half the record amount recorded just over two years ago according to real estate information provider DataQuick. […]

California Defaults at a Four Year Low2011-07-20T01:52:23-07:00

Americans Worried About Washington Housing Proposals

2011-07-15T17:18:24-07:00

July 15, 2011 (Chris Moore) The recent batch of housing proposals are failing to gain approval by the American public, especially the proposal for a required 20 percent down payment, with 7 out of 10 saying that such a requirement would have a negative impact on the housing market according to the National Association of [...]

Americans Worried About Washington Housing Proposals2011-07-15T17:18:24-07:00

Mortgage Performance Improves in the First Quarter of 2011

2011-07-01T01:04:42-07:00

July 1, 2011 (Jeff Alan) The Office of Thrift Supervision (OTS) reports that mortgage loan performance on first-lien mortgages serviced by large national banks and federal thrifts improved during the first quarter of 2011. […]

Mortgage Performance Improves in the First Quarter of 20112011-07-01T01:04:42-07:00

Fannie Mae Tightens Foreclosure Rules on Mortgage Servicers

2011-06-08T01:22:44-07:00

June 8, 2011 (Chris Moore) Fannie Mae has issued new rules for mortgage servicers as a first step in the implementation of the Aligned Servicing Requirement announced by the Federal Housing Finance Agency (FHFA) in April of 2011. Mortgage servicers will now have to achieve new standards in managing delinquent loans, default prevention, and foreclosure [...]

Fannie Mae Tightens Foreclosure Rules on Mortgage Servicers2011-06-08T01:22:44-07:00

Foreclosure Inventory Would Take Three Years to Clear Out

2011-06-01T01:52:47-07:00

June 1, 2011 (Jeff Alan) With a current inventory of 1.9 million foreclosed homes, it would take three years to clear out the banks’ bustling inventory of foreclosed homes according to the latest data released by RealtyTrac. A total of 158, 434 U.S. properties that were in some stage of foreclosure were sold during the [...]

Foreclosure Inventory Would Take Three Years to Clear Out2011-06-01T01:52:47-07:00

Investors Grabbing Greater Share of Slow Spring Selling Season

2011-05-31T01:07:42-07:00

May 31, 2011 (Shirley Allen) This years spring home buying season is off to a slow start according to Radar Logic’s RPX Monthly Housing Market Report for March 2011, but investors have jumped in to help fill the void by making a relatively strong showing in the foreclosure market. […]

Investors Grabbing Greater Share of Slow Spring Selling Season2011-05-31T01:07:42-07:00