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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
single family mortgages
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
single family mortgages

Freddie Mac Posts a Profit, Still Needs a Loan

2012-03-12T03:00:56-07:00

March 12, 2012 (Shirley Allen) Government Sponsored Enterprise (GSE) Freddie Mac reports that it posted net income of $619 million and other comprehensive income of $887 million in the fourth quarter of 2011, resulting in total comprehensive income of $1.5 billion. […]

Freddie Mac Posts a Profit, Still Needs a Loan2012-03-12T03:00:56-07:00

Fannie Mae Loses $2.4 Billion, Needs $4.6 Billion More

2012-03-01T04:00:46-07:00

March 1, 2012 (Shirley Allen) Government Sponsored Enterprise (GSE) Fannie Mae reports that it suffered a net loss of $2.4 billion in the fourth quarter of 2011, compared to a net loss of $5.1 billion in the third quarter of 2011, citing continued credit-related expenses from its pre-2009 book of business and declining home prices [...]

Fannie Mae Loses $2.4 Billion, Needs $4.6 Billion More2012-03-01T04:00:46-07:00

Freddie Mac Posts $2.1 Billion Loss in Second Quarter

2011-08-15T02:17:56-07:00

August 15, 2011 (Shirley Allen) Government Sponsored Enterprise (GSE) Freddie Mac reports that it posted a net loss of $2.1 billion in the second quarter of 2011, compared to a net profit of $676 million in the first quarter of 2011. The second quarter results were still significantly less than the same quarter in 2010 [...]

Freddie Mac Posts $2.1 Billion Loss in Second Quarter2011-08-15T02:17:56-07:00

Fannie Mae Reports Net Loss of $2.9 Billion in 2Q

2011-08-05T11:49:13-07:00

August 5, 2011 (Shirley Allen) Government Sponsored Enterprise (GSE) Fannie Mae reports that it suffered a net loss of $2.9 billion in the second quarter of 2011, compared to a net loss of $6.5 billion in the first quarter of 2011, citing continued weakness in the housing and mortgage markets and the cost of loan [...]

Fannie Mae Reports Net Loss of $2.9 Billion in 2Q2011-08-05T11:49:13-07:00

States That Take the Longest to Foreclose

2011-01-04T05:45:24-07:00

January 4 2010 (Shirley Allen) California, New York, Florida, Maryland, and Massachusetts are among the nation’s slowest to refer for foreclosure according to information released by LPS Applied Analytics. In California, the typical foreclosure takes approximately one year from the time the borrower missed their third payment until the loan was referred for foreclosure. Read [...]

States That Take the Longest to Foreclose2011-01-04T05:45:24-07:00

FHA Issues Annual Financial Report

2010-11-16T22:22:42-07:00

November 16 2010 (Chris Moore) The Federal Housing Administration (FHA) today released its annual report to Congress on the financial status of its Mutual Mortgage Insurance (MMI) Fund, FHA’s principal insurance account that includes all single-family and reverse mortgage activity and the news was good. Read more...

FHA Issues Annual Financial Report2010-11-16T22:22:42-07:00

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