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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

Treasury Department Modifies HAFA Program

2011-02-02T06:15:08-07:00

February 2, 2011 (Shirley Allen) Important changes took effect yesterday in the government’s Home Affordable Foreclosure Alternative (HAFA) program. The Treasury Department has revamped its short sale program by easing income restrictions and documentation requirements for homeowners facing foreclosure to help streamline the HAFA process and make the program more accessible to homeowners. In the [...]

Treasury Department Modifies HAFA Program2011-02-02T06:15:08-07:00

Got HAMP? Maybe Not For Long

2011-01-31T06:15:10-07:00

January 31, 2011 (Chris Moore) Rep. Darrell Issa (R-Calif) and Rep. Jim Jordan (R-Ohio) introduced legislation to end the Home Affordable Modification Program (HAMP). Issa, the chairman of the Oversight and Government Reform Committee, and his colleagues said the Treasury Department's program to help troubled borrowers avoid foreclosure has been a bust. This comes on [...]

Got HAMP? Maybe Not For Long2011-01-31T06:15:10-07:00

Foreclosures Up, Loan Modifications Down in 3Q

2010-12-31T05:00:37-07:00

December 31, 2010 (Shirley Allen) In a report released by the Treasury Department’s Office of the Comptroller of the Currency and Office of Thrift Supervision, the number of delinquent borrowers who started U.S. home loan modifications declined in the third quarter as fewer people qualified for easier payment terms. Read more...

Foreclosures Up, Loan Modifications Down in 3Q2010-12-31T05:00:37-07:00

All I Want for Christmas is a New First Mortgage

2010-12-27T05:00:40-07:00

December 27, 2010 (Chris Moore) Every year at Christmas there’s always that one “hard to get” item that always seems to be impossible to find. This year proved to be no different. But instead of a doll, or a toy, or the latest electronic gadget, it was a loan modification. Read more...

All I Want for Christmas is a New First Mortgage2010-12-27T05:00:40-07:00

November Scorecard Shows Market Stabilizing

2010-11-21T19:28:10-07:00

November 21, 2010 (Shirley Allen) The “Scorecard” released by the Treasury Department and the Department of Housing and Urban Development (HUD) in November indicates that the housing market is beginning to show signs of stabilization. Read more...

November Scorecard Shows Market Stabilizing2010-11-21T19:28:10-07:00

Is HAMP A Failure?

2010-11-07T16:47:41-07:00

November 7 2010 (Chris Moore) When the Obama Administration launched it’s highly touted home loan modification program, Making Home Affordable Program (HAMP), in February 2009, the goal at the time was to save 4,000,000 homeowners from foreclosure and yet 18 months later just over10% of that goal has been met. When Obama unveiled his signature [...]

Is HAMP A Failure?2010-11-07T16:47:41-07:00

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