Jumbo Mortgage Lending Returns
April 13th, 2009Since the start of the credit crisis “niche” products like jumbo lending have suffered dramatically with most lenders either dramatically raising rates or completely eliminating the program. More »
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with outstanding customer service to give you a pleasant
experience with your refinance, home equity loan, or new home purchase.
That is the Mortgage Foundation difference.
Give us a chance to prove it to you by clicking "Get Started"
Mortgage News
Is the Economy Improving?
April 13th, 2009According to the Obama administration the economy is showing hopeful signs that the free fall we have been experiencing is leveling off. More »
Boston Federal Reserve Says We Need to Target the Source of Foreclosures
April 13th, 2009According to a study from the Boston Federal Reserve unemployment is the main reason for missed mortgage payments over high interest rates. More »
Report Shows Loan Modifications Not As Effective As Needed
April 6th, 2009A report by the Office of Thrift Supervision and the Office of the Comptroller of the Currency, which regulates mortgage lenders, shows that even though mortgage lenders have increased their foreclosure prevention efforts there are many challenges facing the industry and government efforts to stem foreclosures. More »
Federal and State Officials Warn of People Exploiting Obama’s Mortgage Rescue Plan
April 6th, 2009Today government officials announced that scammers are seeking to take advantage of borrowers that are in danger of default. More »
Interest Rates Continue to Fall
April 2nd, 2009Freddie Mac announced today that interest rates continued to fall as the Federal Reserve has continued to ramp up purchases of mortgage-backed bonds to support residential lending. More »
Developer Indited in $18 Million Mortgage Scam
April 2nd, 2009Brooklyn developer Eliyahu Ezagui was indited Wednesday in a mortgage scam where he allegedly took more than $18 million from condo buyers and banks. More »
California Department of Corporations Attacks Loan Modification Company
April 2nd, 2009After a joint investigation by the California Department of Corporations and the Department of Real Estate issued a Desist and Refrain Order against 2nd Chance Negotiations, Inc., a loan modification company. More »
Mortgage Interest Rates Hit Another Low
March 27th, 2009According to the Primary Mortgage Market Survey released by Freddie Mac weekly the current average interest rate on a 30-year fixed-rate mortgage is 4.85% at the cost of .7 for the week ending with March 26th. More »
Mortgage Loan Originations Expected To Increase
March 27th, 2009Bank of America Securities mortgage-bond strategists estimate that mortgage loan originations could double to $3.1 trillion this year. More »