Monthly Archives: March 2014

Do’s and Dont’s of Getting a Mortgage

Posted on March 31, 2014 by Sandra James

Getting a home loan is anything but simple. Though there are many lenders out there ready to lend you at the most competitive rates, it still takes a great deal of time, effort and resources to find the right mortgage … Continue reading →

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New Qualified Mortgage (QM) Rules – What You Need to Know?

Posted on March 24, 2014 by Sandra James

Consumer Financial Protection Bureau (CFPB) recently issued new Qualified Mortgage (QM) Rules to set and standardize underwriting standards. The new regulations are mandated under the Dodd-Frank Act and are expected to put a check on the lending practices that drove the … Continue reading →

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Top 7 Mortgage Trends in 2014

Posted on March 18, 2014 by Sandra James

The year 2014 is expected to bring a significant transition to the mortgage industry. Here are the top 5 mortgage trends, good and bad for this year. 1. Mortgage rates likely to rise in 2014 Fannie Mae and Freddie Mac … Continue reading →

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Fair Credit Reporting Act – Explained Simply

Posted on March 14, 2014 by Sandra James

The Fair Credit Reporting Act (FCRA) is a federal law, passed in 1970, pertaining to standardization of the credit reporting system. The act consists of provisions for the following: ● Protecting the privacy rights of consumers ● Standardizing the way … Continue reading →

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What Makes a Good Mortgage Lender?

Posted on March 10, 2014 by Sandra James

You are about to make the most important financial decision in your life – Getting a mortgage. When it comes to mortgage, the competition is fierce and it is crucial that you choose your lender wisely. Here are a few … Continue reading →

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