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
mortgage servicers
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
mortgage servicers
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
mortgage servicers

Proprietary Loan Mods Outnumber HAMP Mods by Two-to-One in 2011

2012-02-17T04:20:40-07:00

February 17, 2012 (Shirley Allen) Total permanent loan modifications declined by 40 percent from 2010 to 2011 with completed proprietary modifications nearly double those completed by the government’s HAMP program according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors […]

Proprietary Loan Mods Outnumber HAMP Mods by Two-to-One in 20112012-02-17T04:20:40-07:00

Loan Modifications Increase in November, Foreclosures Decline

2012-01-20T03:30:14-07:00

January 20, 2012 (Shirley Allen) Both proprietary and government loan modifications increased slightly in November according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, while foreclosure starts fell over 20 percent. […]

Loan Modifications Increase in November, Foreclosures Decline2012-01-20T03:30:14-07:00

OCC: Foreclosures Jump 21 Percent in 3Q of 2011

2012-01-12T03:40:41-07:00

January 12, 2012 (Jeff Alan) New foreclosures increased by 21.1 percent in the third quarter of 2011 according to the Office of the Comptroller of the Currency (OCC) as a result of mortgage servicers lifting voluntary moratoria implemented in late 2010 caused by the “robo-signing” controversy. […]

OCC: Foreclosures Jump 21 Percent in 3Q of 20112012-01-12T03:40:41-07:00

Total Loan Modifications Increase by 11 Percent in September

2011-11-21T02:33:13-07:00

November 21, 2011 (Shirley Allen) Proprietary loan modifications declined by almost 10 percent from August to September according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. Meanwhile, loan modifications through the federal government’s HAMP program surged 58 percent. […]

Total Loan Modifications Increase by 11 Percent in September2011-11-21T02:33:13-07:00

Fannie Mae Opens Homeowner Help Center in Washington D.C.

2011-11-10T01:14:50-07:00

November 10, 2011 (Shirley Allen) Fannie Mae announced the opening of its twelfth help center in Washington D.C. The new Capital Area Help Center will provide free education and counseling services to struggling homeowners in the Washington D.C. area. ...

Fannie Mae Opens Homeowner Help Center in Washington D.C.2011-11-10T01:14:50-07:00

Fannie Mae: Economy at a Crossroads

2011-10-18T01:47:15-07:00

October 18, 2011 (Shirley Allen) Despite recent marginally positive economic trends, Fannie Mae’s Economics & Mortgage Market Analysis Group continues to gauge the odds of a recession by the end of next year at close to fifty-fifty. […]

Fannie Mae: Economy at a Crossroads2011-10-18T01:47:15-07:00