Where do you go to learn how become a mortgage underwriter?
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U.S. Foreclosure Rates Surge as Unemployment Continues to Rise
Random Feed wrote an interesting post today onHere’s a quick excerptEven including the attempts by the government to slow down foreclosures through programs aimed at modifying the terms of loans, mortgage defaults continue to grow, according to a report from, RealtyTrac, a real estate data company. “Rising unemployment and a new variety of mortgage [...]
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Random Feed wrote an interesting post today onHere’s a quick excerptEasy access to funding is leading developers to take advantage of the government’s stimulus plan which has lead to an increase in the purchase of residential plots in Beijing of 52%. Residential sales in china are up 70% year on year and mortgage loans are up 94% [...]
Real estate groups call for extension of bigger loans
Random Feed wrote an interesting post today onHere’s a quick excerptIn Orange County, banks can make loans up to nearly $730,000 and sell them to government-controlled mortgage giants Fannie Mae and Freddie Mac or get the loans insured by the Federal Housing Administration. In less costly areas the limit is $625,500. But the bigger [...]
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