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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

CAR Survey Finds Short-Sales to be a Difficult Process

2011-08-03T11:50:43-07:00

August 3, 2011 (Jeff Alan) A recent survey conducted by the California Association of Realtors® (CAR) found that more than half of Central Valley Realtors characterized closing short-sale transactions as “difficult” to “extremely difficult.” […]

CAR Survey Finds Short-Sales to be a Difficult Process2011-08-03T11:50:43-07:00

Foreclosure Sales Decline in May but Foreclosure Starts Jump Up

2011-07-12T01:43:25-07:00

July 12, 2011 (Shirley Allen) The number of proprietary loan modifications declined slightly in May 2011 according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. The organization reports that 53,000 homeowners received permanent, proprietary loan modifications in May compared to 57,000 in April, a reduction of [...]

Foreclosure Sales Decline in May but Foreclosure Starts Jump Up2011-07-12T01:43:25-07:00

Unemployed Get a Break on FHA Loans

2011-07-08T02:55:45-07:00

July 8, 2011 (Shirley Allen) Recognizing that the current economic hardships have made current forbearance programs inadequate, the Obama Administration announced adjustments to the Federal Housing Administration’s (FHA) Special Forbearance Program that will require mortgage servicers to extend the forbearance for FHA borrowers who qualify from four to 12 months. […]

Unemployed Get a Break on FHA Loans2011-07-08T02:55:45-07:00

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

Proprietary Loan Modifications Decline in April

2011-06-03T01:41:56-07:00

June 3, 2011 (Shirley Allen) The number of proprietary loan modifications declined in April 2011 according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. The organization reports that 57,000 homeowners received permanent, proprietary loan modifications in April compared to 77,000 in March, a reduction of 26 [...]

Proprietary Loan Modifications Decline in April2011-06-03T01:41:56-07:00

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