Cash-strapped buyers turn to crowdfunding to raise a down payment



A growing number of aspiring homeowners are turning to crowdfunding platforms as a way of raising funds to cover their down payments. Crowdfunding platforms such as HomeFundMe and Feather the Nest have recently emerged, catering specifically for the home down payment market, Realtor.com reports. The idea is that wannabe homeowners can use the platforms to […]

7 Questions to Ask Hard Money Lenders



Borrowers are often required to consider every advantage and disadvantage of loans, especially those from hard money lenders. If you are considering a hard money loan,

Easier Mortgages a Bright Spot for Future HomeBuyers



After a long period of not enough houses for sale and tough mortgage qualification standards, buyers could use some good news. That good news is the approval bar to qualify for a mortgage is expected to be lowered going forward

Lenders are easing standards, making it easier to obtain a mortgage



Government-backed mortgage services Fannie Mae says that lenders are easing their standards for consumers to qualify for a mortgage.

Borrowers turn to non-banks for mortgages as traditional lenders shy away



Borrowers are ditching traditional banks in their droves in favor of financial institutions that do not offer savings or checking accounts.

Money Miracles: What to Know Before Getting a Loan



If you would like to buy a car, get a house, or take an unplanned vacation, you might want to consider getting a loan so you will have the funds to reach your goal.

JP Morgan Agrees to Settle Mortgage Discrimination Lawsuit



According to an article in Reuters, JP Morgan Chase & Co has agreed a $55 million settlement for a US Justice Department lawsuit. This lawsuit accused the company of discriminating against minority borrowers, allowing mortgage brokers to charge

Women more reliable than men at paying off the mortgage



Women are more likely to keep up to date with their mortgage repayments than men, according to a new Urban Institute study.

Lenders unlikely to budge on credit standards anytime soon



Anyone who was hoping that the banks might be about to ease their credit standards will have to wait a while longer.

LenderLogix helps mortgage lenders write more loans



LenderLogix is a new kind of customer relationship management system that scours public data sources for mortgage lenders with the goal of identifying potential relationships with real estate agents and listings.

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