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This California Association of Realtors® Mortgage Update.
Contains information about modifying FHA-insured loans; challenges condo buyers are having with obtaining approval on mortgages; the formation of a new consortium of lenders, brokers and mortgage-technology providers; a report on loan modifications; and current mortgage rates:
www.wsj.com/mortgages
Tips for borrowers dealing with loan servicers
Many homeowners have experienced difficulties and frustration getting through to their loan servicer when trying to obtain a loan modification. To help alleviate some of the stress associated with this task, an attorney with the National Consumer Law Center in Boston is offering the following tips:
www.sfgate.com/realestate