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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
treasury department
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
treasury department

Is Your Home Underwater? Behind on Your Payments?

2011-05-26T00:29:45-07:00

May 26, 2011 (Jeff Alan) According to a recent poll by Rasmussen, 51 percent of homeowners believe that they owe more on their mortgage than their home is worth, and if you are underwater or behind on your payments, the Treasury Department and the Department of Housing and Urban Development (HUD) have introduced a way [...]

Is Your Home Underwater? Behind on Your Payments?2011-05-26T00:29:45-07:00

Freddie Mac Turns a Profit; Fannie Mae Loses Billions

2011-05-09T01:00:00-07:00

May 9, 2011 (Chris Moore) Earnings for the two government owned mortgage companies, Freddie Mac and Fannie Mae, went in completely opposite directions in the first quarter of 2011 as Freddie Mac reported $676 million in net income and Fannie Mae lost $8.7 billion which triggered a request for $8.5 billion in additional financial aid. [...]

Freddie Mac Turns a Profit; Fannie Mae Loses Billions2011-05-09T01:00:00-07:00

Improvements to Short Sale Program Coming

2011-04-18T01:36:57-07:00

April 18, 2011 (Jeff Alan) The Treasury Department has announced updates to the policy guidelines for the Home Affordable Foreclosure Alternatives (HAFA) program which has been followed by legislation introduced in Congress by U.S. Reps. Tom Rooney (R-Fla.) and Robert Andrews (D-N.J.) to improve the process for approving short sales in the HAFA program. Read [...]

Improvements to Short Sale Program Coming2011-04-18T01:36:57-07:00

HAMP Servicers to be Graded by Treasury Department

2011-04-06T02:59:58-07:00

April 6, 2011 (Chris Moore) Acting Assistant Secretary of the Treasury, Timothy Massad, revealed in a speech given at Harvard University’s John F. Kennedy School of Government, that starting in April the Treasury Department will include a scorecard for each of the largest HAMP servicers in its quarterly compliance report. Read more...

HAMP Servicers to be Graded by Treasury Department2011-04-06T02:59:58-07:00

Congressional Oversight Committee: TARP Shortchanged Homeowners

2011-03-25T05:00:35-07:00

March 25, 2011 (Chris Moore) In one of its last reports issued before its demise, the Congressional Oversight Committee (COC) faulted the Troubled Asset Relief Program (TARP) for failing to spend enough money to curb foreclosures. TARP was launched by the Bush Administration in response to the 2008 financial crisis, but was also to include [...]

Congressional Oversight Committee: TARP Shortchanged Homeowners2011-03-25T05:00:35-07:00

Presidents December Scorecard: A Bogey

2011-02-03T05:30:49-07:00

February 3, 2011 (Chris Moore) The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have jointly released the January edition of the Obama Administration's Housing Scorecard and if we were playing a round of golf with the President, at the very least we’d have to say we shot [...]

Presidents December Scorecard: A Bogey2011-02-03T05:30:49-07:00

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